Subscribe to RSS feedUS logistics costs hit low point
by
Roger Hailey, London
—
last modified
Jul 02, 2010 03:00 PM
US LOGISTICS costs have fallen by US$300bn since the start of the recession in late December 2007 and last year hit an historic low at 7.7% of gross domestic product.
However, the State of Logistics report by the Illinois-based Council of Supply Chain Management Professionals suggests the US economy is beginning to recover.
On sea freight, the report states: “The ocean carrier sector has been damaged during the recession and...
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