Welcome to the 30th Annual Council of Supply Chain Management Professionals (CSCMP) State of Logistics Report. This year’s report identifies an industry at a new crossroads after toughing out the steep grade of last year’s constrained capacity and rising prices. This year demand has softened and growth is in doubt, but not to the point where a steep decline is visible, a context we summarize as Cresting the Hill.
To better understand expectations and attitudes toward various types of risk during the COVID-19 pandemic, FreightWaves and nVision Global partnered to conduct a survey of oil and gas company executives. It is clear that the coronavirus poses a serious threat to the industry, but it is not the only issue plaguing oil and gas companies.