National Logistics Day, June 28, is a time to recognize and appreciate the important role of the logistics industry in the US and global economies. Across the country, in warehouses, distribution centers, offices and on the road, logistics professionals do the vital work involved in efficiently transporting, storing and distributing products – procurement, inventory management, packaging, transportation, warehousing, order fulfillment and more – linking manufacturers, suppliers, retailers and end-consumers.
US business logistics costs now stand at a record $2.3 trillion, representing 9.1% of the national GDP, the highest percentage of GDP ever, according to the 2023 State of Logistics Report from the Council of Supply Chain Management Professionals (CSCMP).
The State of Logistics Report, produced annually by global consulting firm Kearney, says that US supply chains responded to the global volatility from the past two years by transforming supply chain networks to improve resilience against future disruption.
The report also finds that, while consumers are continuing their return to stories, the US e-commerce market grew by 8% last year, to $1.03 trillion, 14.5% of the entire US retail market. Other key findings: third-party logistics providers are investing more capital into their technology offerings and reshoring has gone from a strategic possibility to a market reality for many businesses.
As a lead logistics partner (LLP), third-party logistics provider (3PL) and supply chain consultant, CJ Logistics America helps customers leverage supply chain management as a competitive advantage, reducing total system costs, transforming business processes, improving service and facilitating growth and change.
CJ Logistics America specializes in providing holistic, large-scale warehousing and transportation solutions for customers in regulated industries such as food and beverage, healthcare and medical supplies, tire and automotive, and consumer packaged goods.
Warehouse management solutions include e-commerce, supply chain packaging, value-added services, and engineering and automation. Transportation management solutions include asset-based transportation, freight forwarding, cross-border transportation, customs brokerage and drayage. Integrated supply chain solutions include consulting, TES, business process integration, business intelligence and retail consolidation.
