A monthly supply chain survey registered a neutral reading for transportation capacity in June, the first time in more than two years the index didn’t expand. Sentiment around transportation pricing signaled growth for a second consecutive month.
The Logistics Managers’ Index (LMI) displayed a 50 reading for capacity in June. The last nongrowth reading on transportation capacity was in March 2022, just ahead of the freight recession’s onset. The capacity subindex was 7.3 percentage points lower...