Growth throughout the supply chain slowed again in June, a monthly survey of logistics supply executives released Tuesday showed.
The Logistics Managers’ Index registered a reading of 65 during the month, a 2.1 percentage point decline from May and the lowest level recorded since July 2020. The latest reading was a quick descent from the all-time high of 76.2 recorded in March.
A reading above 50 indicates expansion while a reading below 50 indicates contraction.
“The steep decline is reflective...
https://www.freightwaves.com/news/transportation-capacity-up-again-in-june-pricing-growth-slows