“Growth is increasing at an increasing rate” across most components of the supply chain, according to a Tuesday report.
The Logistics Managers’ Index stepped 2.3 percentage points higher from March to 74.5% in April. This was the second-highest reading the dataset has logged in its nearly five-year existence.
The LMI is a diffusion index wherein a reading above 50% indicates expansion and a reading below 50% indicates contraction. The survey is designed to capture the rate of change in areas like...
https://s29755.pcdn.co/news/transportation-capacity-historically-low-prices-show-no-sign-of-slowing