Transportation capacity increased for a sixth consecutive month in September with prices falling for a third straight time, according to data released Tuesday.
The Logistics Managers’ Index (LMI), which is produced using responses from a monthly survey measuring supply chain activity, showed the transportation capacity subindex jumped 7.5 percentage points to 71.8 in the recent month. This was the second-highest level recorded in the six-year history of the data set and 48 points higher than the...
https://www.freightwaves.com/news/transportation-market-loosens-as-september-progresses