In 2014 the United States supply chain industry experienced its best year since the 2008 recession, according to the State of Logistics Report by the Council of Supply Chain Management Professionals (CSCMP). According to the report the US transportation sector grew by 3.6% in 2014 due to stronger shipment volumes rather than higher rates. Increased consumer spending resulted in higher demand for freight services as retailers replenished inventories. The report reveals total US business logistics costs rose to $1.45 trillion in 2014, a 3.1% increase from the previous year. However, the growth rate for logistics costs was lower than the US gross domestic product (GDP), resulting in a slight decline in logistics as a percentage of GDP from 8.4% to 8.3%.
