The rate at which transportation capacity contracted increased in September, according to a supply chain survey released Tuesday.
For 16 consecutive months, capacity has been on the decline. The latest reading of the Logistics Managers’ Index (LMI) showed the capacity component of the dataset fell 330 basis points from August to 37.2% in the month.
“The Transportation Capacity Index remains historically low, indicating continued downward pressure,” the report read. “Further, our data indicates...
https://www.freightwaves.com/news/transportation-capacity-declines-accelerate-in-september