Chart of the Week: Logistics Managers Index – Inventory Levels, Warehouse Capacity SONAR: LMI.INVC, LMI.WHCP
Inventory costs are growing at the fastest rate in years while warehouse capacity continues to shrink at a near record pace, according to the Logistics Managers Index (LMI). In 2019 shippers crammed warehouses with imports to get around tariffs, coinciding with a slowdown in the freight market. Could rapidly increasing warehousing costs and shrinking warehouse capacity push shippers to...
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