Declines in transportation capacity slow in October

Truck at facility

An October supply chain survey shows the rate at which transportation capacity is declining slowed from September’s all-time record pace. The capacity index jumped 14.2 percentage points in the month to 38%, which is still firmly rooted in contraction territory.

The Logistics Managers’ Index (LMI), a survey of leading logistics executives, is a diffusion index wherein a reading above 50% indicates expansion and a reading below 50% indicates contraction. The survey is intended to capture the rate...

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