Activity across the supply chain grew at a healthy clip during April but the pace of growth slowed to the lowest level recorded since January 2021, according to a monthly survey released Tuesday. A decline in transportation metrics, notably an increase in transportation capacity, were the catalysts.
The Logistics Managers’ Index (LMI), a measure of supply chain conditions, registered a reading of 69.7 in April, down 6.5 percentage points from March’s record. The index remained above its all-time...
https://www.freightwaves.com/news/transportation-capacity-up-price-hikes-slow-in-april