Transportation metrics weakened in April, results from a monthly supply chain sentiment survey showed Tuesday. Following three straight months of expansion, freight rates slipped back into contraction territory, the report highlighted.
The transportation prices subindex (44.1 reading) fell 8.9 percentage points from March, with declining fuel prices presenting a modest drag on the data set. Transportation capacity (61.4) was up 1.8 points, remaining in “a robust rate of growth,” while...
https://www.freightwaves.com/news/transportation-metrics-weak-in-april-but-improve-throughout-month