Transportation and warehouse capacity sank further, according to data from an October supply chain survey released Tuesday. Transportation utilization and pricing increased but at a slower rate.
The Logistics Managers’ Index (LMI), which measures activity throughout various points in the supply chain, logged a 72.6% reading in the month, 40 basis points higher than September. The LMI is a diffusion index, in which a reading above 50% indicates expansion and a reading below 50% indicates...
https://www.freightwaves.com/news/transportation-capacity-falls-further-and-faster-in-october