PR NewswireFrom PR NewswireAir CargoLogistics Industry Isn't Keeping Up with Growth of U.S. Economy, Report SaysTotal U.S. business logistics costs in 2013 rose to $1.39tr, a 2.3 percent increase from the previous year, according to the 25th Annual "State of Logistics Report" released by the Council of Supply Chain Management Professionals and presented by Penske Logistics, at a press conference at the National Press Club in Washington, D.C. Logistics as a percent of U.S. gross domestic product declined for the second year in a row, indicating that the logistics sector is not keeping pace with the growth in the overall economy.June 24, 2014All TechnologyManufacturers Hear Many Companies Are 'In China for China'As costs of production and labor continue to increase in China, U.S. manufacturers are increasingly focused on product and process innovation and supply chain efficiency to boost productivity and manage costs. This was according to top executives from leading U.S. companies in China at the AmCham Shanghai 2013 Manufacturing Summit on October 17.October 22, 2013Page 1 of 1