logistics industry

U.S. business logistics costs – the costs to transport and warehouse goods –  rose to 8.3% of U.S. Gross Domestic Product (GDP) in 2010, as compared to 7.7% the previous year, according to the 22nd State of Logistics Report, an annual report from Council of Supply Chain Management Professionals (CSCMP), a trade association. According to the report, logistics costs in 2010 were roughly on par with 2005, and still well below the pre-recession years.

The utilization of the DWS, Dimensioning Weighing Scanning, has become a necessity for the logistics industry. A DWS provides an essential solution to the demands of increased competition in the world's logistics marketplace. All businesses are operating in a world that demands ultra efficient methods to reduce costs and avoid price increases, while striving to find new solutions to generate revenue.

Parcel shippers face a highly competitive business environment. Fortunately, OCS is able to deliver multiple turnkey solutions to suit the needs of our customers.  Our in-motion scales are certified by NTEP, MID, and OIML. These certifications provide the assurance that OCS has a proven product line to meet the various legal for trade requirements in any marketplace.

Total U.S. logistics costs dropped in 2009, reflecting the effects of the recession and showing a significant decrease from 2008, according to the 21st State of Logistics Report, an annual report released by the Council of Supply Chain Management Professionals (CSCMP). Business logistics costs fell to 7.7% of U.S. Gross Domestic Product (GDP) in 2009, as compared to 9.3% the previous year.

Interest rates remained historically low, and this, combined with lower inventory levels, pushed the interest paid on inventories down over 89% from 2008 levels.