Sentiment around transportation capacity signaled slight growth in July. However, readings on utilization and pricing increased more meaningfully, suggesting a freight market correction is on the horizon.
The Logistics Managers’ Index (LMI), a survey of logistics supply executives regarding eight key components of the supply chain, displayed a 50.9 reading for transportation capacity in the month. That was less than 1 percentage point higher than in June and just barely into expansion territory....
https://www.freightwaves.com/news/transportation-capacity-pricing-sentiment-signaling-recovery