Supply chain data shows transportation capacity has declined to a 22-month low with utilization and prices reaching 19-month highs.
Those were a couple of the highlights from a report summarizing July data from the Logistics Managers’ Index (LMI), a survey of leading logistics executives. The overall index increased to a reading of 63% during the month, up 130 basis points from June and well off the all-time April low of 51.3%. The July mark was the highest for the index since January 2019.
The...
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