Tightness throughout the transportation, logistics and warehousing sectors carried through the end of the year, according to a report published Tuesday. The Logistics Managers’ Index (LMI), a survey measuring supply chain activity, registered a reading of 70.1 during December.
The LMI is a diffusion index, wherein a reading above 50% indicates expansion and a reading below 50% indicates contraction.
While the index was down 3.3 percentage points from November, the industry continues to see...
J.B. Hunt Transport Services has started a transload service in the New York metro area. In a press release, the offering is touted as “a one-stop source for quickly transferring ocean freight into equipment for domestic transport.” The facility, located in Jersey City, New Jersey, was recently expanded to 25,000 square feet of space, is open 24/7 and includes on-site parking.
The Federal Trade Commission on Monday ordered nine large retailers, wholesalers and consumer goods suppliers to provide detailed information that will help it investigate how supply chain disruptions are causing hardships for consumers and harming competition.
The agency is authorized under law to conduct wide-ranging studies that don’t have a specific law enforcement purpose.
The orders were sent to Walmart (NYSE: WMT), Amazon (NASDAQ: AMZN), Kroger (NYSE: KRG), C&S Wholesale Grocers,...
https://www.freightwaves.com/news/ftc-launches-probe-into-supply-chain-snarls
According to a recent National Private Truck Council Report, private fleets continue to expand due to high spot market rates and dwindling capacity in the market. Less capacity equals less service, and service metrics remain a big driver for in-house transportation. For large common carriers (they haul other people’s freight), this can pose a challenge since both private and common carriers target the same...
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https://www.freightwaves.com/news/daily-infographic-dont-wait-till-black-friday-to-shop-for-holidays
“Growth is increasing at an increasing rate” across most components of the supply chain, according to a Tuesday report.
The Logistics Managers’ Index stepped 2.3 percentage points higher from March to 74.5% in April. This was the second-highest reading the dataset has logged in its nearly five-year existence.
The LMI is a diffusion index wherein a reading above 50% indicates expansion and a reading below 50% indicates contraction. The survey is designed to capture the rate of change in areas like...
https://s29755.pcdn.co/news/transportation-capacity-historically-low-prices-show-no-sign-of-slowing
A January survey of leading logistics executives published Tuesday showed “capacity continues to contract and prices continue to grow across the board.” The report found that the amount of inventory that is stuck in the system trying to reach destinations is partly responsible for the lack of transportation and warehouse capacity, which is leading to higher prices.
The Logistics Managers’ Index report, a barometer of change for several areas of the supply chain, showed the overall index with a...
https://www.freightwaves.com/news/transportation-caving-under-weight-of-inventory
A September supply chain survey shows transportation capacity has reached new lows. The Logistics Managers’ Index (LMI), a survey of leading logistics executives, showed capacity fell to new lows, dipping another 770 basis points during the month to a 23.8% reading.
The LMI is a diffusion index, wherein a reading above 50% indicates expansion and a reading below 50% indicates contraction. The survey captures the rate of change in activity for key supply chain trends in areas like...
https://s29755.pcdn.co/news/transportation-capacity-hits-new-lows-no-relief-in-sight-for-pricing
Joined by special guest Zac Rogers, Anthony and Zach discuss the current freight market’s propensity to overachieve over the past few months and explore reasons why that will persist or crumble.
Chart of the Week: Logistics Managers’ Index – Inventory Levels, Transportation Capacity SONAR: LMI.INVL, LMI.TPCP
According to the June Logistics Managers’ Index (LMI), inventories are expanding rapidly while transportation capacity is in free fall. This pattern has not occurred with this level of significance since late 2017 when domestic transportation capacity was historically low, leading to the largest expansion in trucking rates in the past 15 years.
The Logistics Managers’ Index is a...
https://s29755.pcdn.co/news/supply-chain-shuffle-keeps-capacity-tight