Jun 19, 2008

GDP Vs Logstics costs

Business logistics costs in 2007 exceeded 10 percent of the U.S. Gross Domestic Product for the first time in eight years, to 10.1 percent, as transportation costs increased 5.9 percent, or 6.2 percent of the GDP.


Business logistics costs totaled $1.4 trillion in 2007, an increase of $91 billion over 2006, according to the 19th Annual State of Logistics Report prepared by the Council of Supply Chain Professionals.

Logistics costs accounted for the greatest percentage of the GDP since 2000, after totaling 9.9 percent of the GDP in 2006.

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