U.S. business logistics costs, as calculated in CSCMP’s 2019 State of Logistics Report, sponsored by Penske and authored by A.T. Kearney, rose 11.4% in 2018 to reach $1.64 trillion, or 8% of the $20.5 trillion GDP.
All subsegments rose to their highest level since 2014, with private and dedicated fleets leading the way, up by 13%. Truckload was up 8.3%, LTL up 7.6%. Parcel was up over 7%, reflecting strong e-commerce growth and pricing power from providers. In addition, a buildup in inventory in the second half of the year drove inventory costs up 14.8%.
As e-commerce sales hit $513 billion, nearly 10% of total retail, in 2018, parcel expenditures rose 8.7% to $105 billion. Amazon is training customers to expect ever-faster deliveries, forcing competitors to chase those expectations, while at the same time growing its own transportation network and entering the third-party logistics business. This is sparking a furious pace of last-mile innovation, partnerships, and new technology.
By TruckingInfo
Private fleets report a DOT Recordable crash rate of 0.504 crashes per million miles, a slight increase from last year’s 0.49.
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Large truck drivers killed in fatal crashes rarely have high blood alcohol concentrations (BACs).
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Many states that have passed hand-held phone bans and texting bans provide for various exemptions for emergencies, law enforcement personnel, emergency medical technicians, firefighters, state DOT employees, etc.
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Large truck crashes by operation classification have continued to increase from 2012 to 2016.
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Nevada was the first state to allow autonomous Class 8 trucks.
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Statistics covering driver accident rates for 2013-2018. In this report, we cover accidents by age of drivers, cell-phone use, seat-belt use, time of day, top five accident descriptions, accidents by day of the week, and accidents by weather type.
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Statistics covering driver accident rates for 2011-2016
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