May sentiment survey sees higher transportation rates but capacity up again

Sentiment on transportation pricing among supply chain executives flipped from contraction to expansion in May, a monthly survey showed on Tuesday. While the pricing data set inflected positively during the month, the capacity subindex stubbornly remained in growth mode as well.

The Logistics Managers’ Index (LMI), a compilation of eight key components of the supply chain, increased 2.7 percentage points from April to a reading of 55.6 in May. The LMI is a diffusion index in which a reading...

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