Logistics Management - July 01, 2003
Cover Story
Deflation strikes logistics
Deflation has taken the wind out of the sails for logistics. Total U.S. logistics costs fell last year to $910 billion as declining interest rates drove down the cost of managing the nation's devalued inventory. Indeed, logistics costs represented the lowest percentage of the gross domestic product (GDP) in the 14-year history of the State of Logistics Report, a major study that quantifies th...
Deflation has taken the wind out of the sails for logistics. Total U.S. logistics costs fell last year to $910 billion as declining interest rates drove down the cost of managing the nation's devalued inventory. Indeed, logistics costs represented the lowest percentage of the gross domestic product (GDP) in the 14-year history of the State of Logistics Report, a major study that quantifies th...
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