Growth in transportation capacity accelerated in August while price increases slowed, a sentiment survey revealed on Tuesday.
The Logistics Managers’ Index, a monthly poll of supply chain executives, returned a 56.7 reading for transportation capacity in August, 5.8 percentage points higher than in July and the highest reading since May. (The LMI is a diffusion index in which a reading above 50 indicates expansion while one below 50 signals contraction.)
The report said the heightened view on...
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