2018 Logistics Costs Up 11.4%

The rise in online sales and decreased capacity led to an 11.4% increase in spending costs on transportation and logistics in the U.S. during 2018. This equates to about $1.64 trillion USD.  Various costs rose: transportation, logistics, and trucking costs all increased nearly double digit percentages from 2017 to 2018. 

As 2018 was a year of tight capacity and intense growth, the forecast for 2019 is slower growth. The impact of weather and tariffs has already affected suppliers, shippers, and transportation partners. 

Read more information regarding the increase in logistics costs here.