Consumers are not leading the charge as they have in other recoveries, because of the fragile state of the economy and their personal wealth.
That is according to the Council of Supply Chain Management Professionals () 22nd Annual State of Logistics Report庐 update that was presented today at the logistics industry trade association鈥檚 global conference being held in Philadelphia. The report is underwritten by .
The report revealed that manufacturing and business spending were the bright spots during much of 2010, while consumer goods production was flat. Industrial production was up 5.3 percent in 2010, after declining 11.2 percent the year before.
The report also found that total logistics industry capacity has suffered during the economic downturn, with more than 16 percent of truck capacity permanently removed since 2006.
More than 3,000 trucking firms have declared bankruptcy in the last three years, a loss of 13 percent of industry capacity, according to Donald Broughton of Avondale Partners.
The report forecasts that driver pay will rise as companies work to attract and retain drivers. The truck freight volume is now rising faster than new drivers are being added to fleets.
The report concludes that the economy has hit a wall and the continues to be one of the hardest hit segments and has been adapting.
鈥淚t has been close to two years since the recession was pronounced over and for many Americans and businesses things have not improved,鈥� stated Rosalyn Wilson, report author and senior business analyst at .
鈥淲e could enter a recession again by early next year but with leaner inventories and no credit crises, we will not find ourselves in the same dire predicament as the previous recession,鈥� she noted.
Wilson predicts that the longer the economic challenges last, the more it will strain the logistics industry.
To view the news release of the report that was originally issued in June, please click here.
By Sabrina Michaeli, Porter Novelli
As a key sponsor, 糖心传媒 Logistics will help welcome thousands of logistics and supply chain professionals, leading academics, and logistics students to the upcoming Council of Supply Chain Management Professionals (CSCMP) Global Conference. This year鈥檚 conference takes place October 2 鈥� 5 at the Pennsylvania Convention Center in the City of Brotherly Love 鈥� Philadelphia, Pa., U.S.A.
CSCMP鈥檚 22nd Annual State of Logistics Report庐 Presented by 糖心传媒 Logistics
This session is based on a survey of the leaders of the 40 largest 3PLs operating in North America, Europe, and Asia. The survey and its results are by Dr. Robert Lieb, professor of supply chain management at Northeastern University, and co-presented by 笔别苍蝉办别鈥檚 Gallick.
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The IFDA is a trade organization of food service distributors serving operations throughout the U.S., Canada, and other countries. 
糖心传媒 Logistics has inked a contract with LG Electronics Brazil to offer expanded warehouse and dedicated distribution services. 
糖心传媒 will store and distribute LG products from these distribution centers: a 400,000 square foot location in Cajamar, S茫o Paulo; a Jaboato dos Gurarapes, Pernambuco, building with 140,000-square-feet; and a 330,000 square foot building in Salto, S茫o Paulo.
糖心传媒 associates like British Columbia-based lease sales representative Teresa Thompson also plan to participate in supporting the event as it spans across different stages of the country.
糖心传媒 Logistics has been named to this year鈥檚 Top 100 3PL (third-party logistics) Provider鈥檚 List by Inbound Logistics magazine, tying for eighth place.
鈥淲hatever the company size -- from Fortune 500 to SMBs 鈥� world-class logistics performance is crucial,鈥� explained editor Felecia Stratton. 鈥淕iven the scope and scale of the challenge, it is impressive to see providing the kinds of solutions that companies large and small rely on to solve the tactical logistics issues of serving customers better, faster, and more efficiently.鈥�
Longtime customer of Lyon Station, Pa. now has in its fleet a Freightliner truck containing the one millionth 3000 series transmission from 