Logistics Costs Rise 2.3 Percent in 2013

"The highly anticipated 2013 "State of Logistics" report describes last year's logistics environment as uneven. After a slow start to 2013, mid-year shipments were strong before a very deep dive at the end of the year with not much movement in freight rates across the modes."

"Trucking capacity is becoming a "more severe" issue for shippers. The truck driver shortage is the "No. 1 concern for trucking executives," who are coping with higher costs for drivers as well as compliance with tougher government regulations regarding hours of service and other driver standards. All this capacity reduction in trucking likely means higher rates for shippers. Wilson said carriers should be able to "significantly" raise truck rates this year, "probably in the 5 to 8 percent range."

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