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Title: US Business Logistics Costs Soared In 2022 By An "Astounding" 20% To A Record $2.3 Trillion
Source: [None]
URL Source: https://www.zerohedge.com/economics ... tounding-20-record-23-trillion
Published: Jun 20, 2023
Author: Tyler Durden
Post Date: 2023-06-20 22:06:47 by Horse
Keywords: None
Views: 34

In 2022, U.S. business logistics costs, or what is spent to keep the nation’s logistics network humming, grew by an astounding 19.6% to a record $2.3 trillion, representing 9.1% of national gross domestic product, according to the 34th annual State of Logistics Report.

Poster Comment:

That is inflationary but it also will send a lot of companies into bankruptcy.

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