U.S. Logistics Costs Rose 11.45% Over the Course of 2018

U.S. Logistics Costs Rose 11.45% Over the Course of 2018

LM1907_022SOL_Inline1According to the “30th Annual State of Logistics Report” recently released at the National Press Club in Washington, D.C., and covered by Logistics Management (LM) magazine, U.S. logistics costs rose 11.45% over the course of 2018. That puts U.S. business logistics costs for 2018 at $1.64 trillion—or 8% of gross domestic product (GDP) for the year. The 8% cost of logistics as a segment of GDP was the most since 2014.

According to the report, as reported by LM, overall supply chain costs are rising due to several factors:

  • retooling of supply chains to account for more e-commerce sales, as online purchasing increased by 14.2% last year to reach 9.9% of all retail sales. The need for smaller, more costly warehouses has spiked;
  • “extremely high” utilization of existing truck fleets limits available freight capacity, driving up rates;
  • increasing government regulations on driver hours-of-service (HOS) causing smaller trucking firms to cease operations, consolidate or be acquired by larger transport companies; and
  • a tight U.S. labor market and higher wages for truck drivers and warehouse workers, as attracting and retaining labor in general remains challenging for transportation and logistics companies.

The table shown to the right provides a detailed breakout of where logistics costs increased in 2018. You can read the full LM article and report recap online here: www.logisticsmgmt.com/article/state_of_logistics_in_2019_whats_next

As always, if you are struggling to cope with logistics costs and challenges, drop us a line and let us help.

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Logistics Plus Named to Inc. 5000 2019 List of Fastest-Growing Companies

Logistics Plus Named to Inc. 5000 2019 List of Fastest-Growing Companies

FOR IMMEDIATE RELEASE

Logistics Plus Named to Inc. 5000 2019 List of Fastest-Growing Companies

It’s the 5th time that Logistics Plus has appeared on the Inc. 5000 list.

INC_2019_5000_web-cover_461

Click to read online

ERIE, PA. (August 15, 2019) – Logistics Plus Inc., a leading worldwide provider of transportation, logistics and supply chain solutions, is proud to announce it has been included on Inc. magazine’s 38th annual Inc. 5000 list, an exclusive ranking of the fastest-growing private companies in America. Logistics Plus made the list, published in the September 2019 issue of Inc. magazine, with a compounded annual growth rate (CAGR) of 131% from 2015 to 2018 for its U.S.-based operations. It is the fifth time since 2007 that Logistics Plus has made the list. According to the magazine’s editor in chief, a mere four percent of companies have made the list 5 times.

Additional facts:

  • Logistics Plus ranked #2857 among all companies on the list
  • Logistics Plus was the #1 fastest-growing company among all businesses based in Erie, Pennsylvania
  • Logistics Plus ranked #2 among all Logistics & Transportation businesses based in Pennsylvania with annual revenue greater than $100 million
  • Logistics Plus ranked #6 among all Logistics & Transportation businesses based in Pennsylvania
  • Logistics Plus ranked #83 among all businesses based in Pennsylvania
  • Logistics Plus ranked #117 among all businesses in the overall Logistics & Transportation Industry
Inc 5000 2019 Letter Thumbnail

Click to view award letter

“Our whole company is predicated on growth,” said Jim Berlin, founder and CEO of Logistics Plus. “For an established, 23-year old company to more than double in size the past two years is pretty incredible. In fact, we’ve enjoyed growth in all but one of our years in business. By growing, you find new people and create new opportunities, and I love that.”

Visit www.inc.com/profile/logistics-plus to view the Logistics Plus Inc. 5000 profile.

About Logistics Plus Inc.

Logistics Plus Inc. provides freight transportation, warehousing, fulfillment, global logistics, business intelligence technology, and supply chain management solutions through a worldwide network of talented and caring professionals. The company was founded over 23 years ago in Erie, PA by local entrepreneur, Jim Berlin. Today, Logistics Plus is a highly-regarded fast-growing and award-winning transportation and logistics company. With a strong passion for excellence, its 500+ employees put the “plus” in logistics by doing the big things properly, and the countless little things, that together ensure complete customer satisfaction and success.

The Logistics Plus® network includes offices located in Erie, PA; Little Rock, AR; Los Angeles, CA; Riverside, CA; San Diego, CA; San Francisco, CA; Visalia, CA; Atlanta, GA; Chicago, IL; Detroit, MI; Lexington, NC; Buffalo, NY; New York, NY; Olean, NY; Akron, OH; Cleveland, OH; Charleston, SC; Nashville, TN; Dallas, TX; Fort Worth, TX; Houston, TX; Laredo, TX; Winchester, VA; Madison, WI; Australia; Bahrain; Belgium; Brazil; Canada; China; Colombia; Czech Republic; Egypt; France; Germany; Hong Kong; India; Indonesia; Kazakhstan; Kenya; Libya; Mexico; Netherlands; Poland; Saudi Arabia; Singapore; Taiwan; Turkey; UAE; Uganda; and United Kingdom; with additional agents around the world. For more information, visit www.logisticsplus.com or follow @LogisticsPlus on Twitter.

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Media Contact:
Scott G. Frederick
Vice President, Marketing
Logistics Plus Inc.
(814) 240-6881
scott.frederick@logisticsplus.com

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Logistics Plus Named to Inc. 5000 2019 List of Fastest-Growing Companies

LP Chemical SCM Pvt Ltd Opens Branch Office in Chennai, India

FOR IMMEDIATE RELEASE

Logistics Plus Chemical SCM Pvt Ltd Opens Branch Office in Chennai, India

The new LP CSCM Chennai branch will be under the leadership of Mr Sujith KS.

CHENNAI, INDIA (August 13, 2019) – Logistics Plus Chemical Pvt Ltd, a Logistics Plus division in India that focuses exclusively on serving the supply chain management needs of the chemicals and petrochemicals industry, is proud to announce it has opened a new branch office located in Chennai, India. The Chennai branch is under the leadership of Mr. Sujith KS.

Sujith brings 23 years of experience in strategic planning; logistics management; and process improvements, including vast knowledge of the complicated customs clearance activities. His background includes experience working for reputable oil & gas companies, such as Reliance Industries Ltd. and Cairn Energy India Pty Ltd. He also has experience in the logistics sector working for organizations such as Larsen & Toubro Ltd and Afcon, a part of Shapoorji Pallongi.

Sujith is available at the following address:

Sujith KS
LP Logistics Plus Chemical SCM  Pvt Ltd
(A Logistics Plus Inc Company)
Old No. 6, New No. 11, 1st Main Road
CIT Colony, Mylapore,
Chennai 600 004
INDIA
Mobile: +91 99400 23100
Email: sujith.k@logisticsplus.com

About Logistics Plus Inc.
Logistics Plus Inc. provides freight transportation, warehousing, fulfillment, global logistics, business intelligence technology, and supply chain management solutions through a worldwide network of talented and caring professionals. The company was founded over 23 years ago in Erie, PA by local entrepreneur, Jim Berlin. Today, Logistics Plus is a highly-regarded fast-growing and award-winning transportation and logistics company. With a strong passion for excellence, its 500+ employees put the “plus” in logistics by doing the big things properly, and the countless little things, that together ensure complete customer satisfaction and success.

The Logistics Plus® network includes offices located in Erie, PA; Little Rock, AR; Los Angeles, CA; Riverside, CA; San Diego, CA; San Francisco, CA; Visalia, CA; Atlanta, GA; Chicago, IL; Detroit, MI; Lexington, NC; Buffalo, NY; New York, NY; Olean, NY; Akron, OH; Cleveland, OH; Charleston, SC; Nashville, TN; Dallas, TX; Fort Worth, TX; Houston, TX; Laredo, TX; Winchester, VA; Madison, WI; Australia; Bahrain; Belgium; Brazil; Canada; China; Colombia; Czech Republic; Egypt; France; Germany; Hong Kong; India; Indonesia; Kazakhstan; Kenya; Libya; Mexico; Netherlands; Poland; Saudi Arabia; Singapore; Taiwan; Turkey; UAE; Uganda; and United Kingdom; with additional agents around the world. For more information, visit www.logisticsplus.com or follow @LogisticsPlus on Twitter.

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Media Contact:
Ms. Lim Siew Hua – Director, Middle East and Africa
林岫樺女士 – 中东和非洲业务总监
LP Logistics Plus LLC
Office # 1111, Onyx Tower 2, The Greens, Dubai,
United Arab Emirates
Tel: +9714 2326994
Fax: +9714 2970384
Mobile: +971 55 44 32389
Email: siew.hua@logisticsplus.com
Sykpe: limsiewhua69
www.logisticsplus.com

Logistics Plus Successfully Completes Shiplift Project

Logistics Plus Successfully Completes Shiplift Project

The Logistics Plus Project Cargo team has successfully shipped a 4,000 freight ton shiplift and transfer system from Iskenderun, Turkey to Shuaiba, Kuwait. The shipment was broken down into three platform sections, each weighing more than 100 metric tons each.

  • Platform Section 1: 118 metric tons
  • Platform Section 2: 145 metric tons
  • Platform Section 3: 113 metric tons

You can watch a short time-lapse of the project below or on the Logistics Plus YouTube Channel.

Logistics Plus Offers Smoking Cessation Program

Logistics Plus Offers Smoking Cessation Program

With the help of the Erie County Department of Health and the Northwest Pennsylvania Tobacco Control Program, Logistics Plus has successfully implemented a smoking cessation program for employees. Over the past several months, members from the Department of Health have conducted weekly meetings and lunch discussions to offer tips and suggestions to stop smoking. Employees who participated were provided with charts, questionnaires, and brochures that helped with setting goals and tracking progress as people began their smoke-free journey.

The Erie County Department of Health provided constant support and a point of contact for any questions or concerns our employees had during this process. As a result, Logistics Plus is happy to announce that multiple employees in the program are now two and three months smoke-free! As a fast-growing, global company, Logistics Plus understands the importance of our employees health and lifestyles. Congratulations to all of our employees who are making progress in their journey towards a smoke-free lifestyle!

NMFC Changes effective August 24, 2019

NMFC Changes effective August 24, 2019

NMFC-Guide-Book

Please see the latest supplement to the National Motor Freight Classification (NMFC®) by the Commodity Classifications Standards Board (CCSB). These changes have an effective date of 8/24/2019. A few of the notable changes are listed below.

  • Item 171 – Artificial construction of a density to obtain a lower class (the bumping clause) has been cancelled and no longer applies on any NMFC Items.
  • All items listed under the Flowers, Herbs or Leaves (NMFC 71500); and Roots or Spices (NMFC 170700) groups are being cancelled and moved to the newly established NMFC 98720 which will carry a 3 sub classification based on density and may be an increase or decrease in class. ***Please see the attached supplement for specific NMFC Items affected.
  • Binders or Covers – NMFC 23490 & 23500 are being cancelled and moved under NMFC 179180 which carries an 11 sub classification based on density and may be an increase or decrease in class.
  • Cookers, electric, low temperature – NMFC 25930 is being cancelled and moved under NMFC 25840 which is being changed to a flat class 110 and will have an increase in class.
  • Cookers, steam pressure (Pressure Cookers)NMFC 52880 is being cancelled and moved under NMFC 25840 which will be a flat class 110 and newly established NMFC 52960 which will be a flat class 100.
  • Heaters, water, tankless – NMFC 26525 is being changed to a 2 sub classification based on density and will be an increase in class.
  • Mobility scooter, electric – newly established NMFC 56834 will carry a 2 sub classification based on density.
  • Wheelchairs, motor-propelled – NMFC 57070 is being changed to a 2 sub classification based on density and may be an increase or decrease in class.
  • Shampoo or Conditioner; and Shaving Cream or Shaving Soap – NMFC 59320 and 59360 are being canceled and moved under NMFC 59420 which is being changed to a 3 sub classification based on density and will be an increase in class.
  • Cords, power supply (for permanent attachment to electric appliance, machine or tools) – NMFC 61490 is being changed to a flat class 70 and will be an increase in class.
  • Electronic Cigarettes, Vape Device or other Nicotine Delivery System or Subassemblies or Essential Parts – newly established NMFC 61805 will carry an 11 sub classification based on density.
  • Telephone Parts and Videophones – NMFC 63285 & 63310 are being canceled and moved under NMFC 63300 which carries an 11 sub classification based on density and may be an increase or decrease in class.
  • Carpet or Rug Lining, Cushions or Floor Underlayment – NMFC 70540, 70560, 70580, 70600, 70650 & 70660 are being cancelled and moved under newly established NMFC 70610 which will carry an 8 sub classification based on greatest dimension and density and may be an increase or decrease in class.
  • Sneeze Guards or Food Shields – NMFC 82285 is being changed to a 2 sub classification based on the greatest dimension and will be an increase in class.
  • Gas Masks – NMFC 85380 is being cancelled and moved under NMFC 134140 which is being changed to class 200 and will be an increase in class.
  • Air Coolers, water evaporative type – NMFC 114130 is being changed to an 8 sub classification based on packaging and density and may be an increase in class.
  • Drags, Groomers or Rakes (equestrian arena or track – tractor or vehicle attaching) – newly established NMFC 119750 will carry a 2 sub classification based on density.
  • Pressure Reducing Valve and Water Relief Valve combined – NMFC 127200 is being cancelled and moved under NMFC 127220 which is being changed to a 3 sub classification based on density and may be an increase or decrease in class.
  • Siding, plastic – NMFC 170580 is being changed to an 8 sub classification based on the greatest dimension and density and will be an increase in class.
  • Augers or Diggers (post hole, hand held or hand supported) – NMFC 183635 is being changed to an 8 sub classification based on packaging and density and may be an increase in class.
  • Windshield Wiper Arms, Blades or Motor – NMFC 197720 is being changed to a flat class 110 and will be an increase in class.
  • Cancelled NMFC Items due to being Obsolete:
    Asbestos Articles – NMFC 14620
    Shoe shining cabinet (household) – NMFC 80380
    Oleo Stock – NMFC 145550