By now you have no doubt heard the 2016 State of Logistics Report from CSCMP was released last week at the National Press Club in Washington DC, the first report under the new lead authors from AT Kearney.
We have covered the report extensively, starting with Dan Gilmore's First Thoughts column (see State of the Logistics Union 2016) and in video form (see State of Logistics Report - The Movie).
Not included in either of those pieces is the chart below from the report, which provides the overall 2015 logistics costs breakdown by category.
The total cost of US logistics was estimated at $1.408 trillion for 2015, up $30 billion or so in 2014 under the new calculation. A lot of elements go into that number, from warehouses to trucking to pipelines, but as can be seen the three main categories are inventory carrying costs, including the costs of warehousing (30.3% of the total logistics spend in 2015), transportation costs (63.2%), and administrative costs, mostly related to spend on freight forwarders and logistics IT spend not otherwise captured in the other two categories (just 6.4% of the total).
Within transportation, trucking-related spend (including private fleets but excluding parcel) comprise 65.4% of total transport costs and 41.3% of total logistics spend. Parcel was broken out for the first time this year as a separate cost category, estimated at $82.2 billion in total, or 9.2% of transport costs and 5.8% of total logistics.
At $80.7 billion in 2015, rail comprises 9% of transportation spend and 5.7% of the total logistics costs.
And there you have it.
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