transportation capacity

Rising transportation pricing in April outpaced capacity growth

Transportation metrics were mixed in April, according to a monthly survey gauging sentiment among supply chain managers.

The Logistics Managers’ Index – a diffusion index in which a reading above 50 indicates expansion while one below 50 signals contraction – showed capacity, utilization and pricing remained in expansion territory during the month.

Transportation capacity (55.2) ticked higher, up 1.6 percentage points sequentially during the month as utilization (53.3) increased again but at a...

https://www.freightwaves.com/news/rising-transportation-pricing-in-april-outpaced-capacity-growth

March supply chain data craters following inventory pull-forward

A monthly survey of supply chain manager sentiment logged its third-fastest rate of decline in March, with only an early-COVID reading and Russia’s invasion of Ukraine triggering bigger moves in the 9-year-old dataset.

The Logistics Managers’ Index fell 5.6 percentage points to 57.1, the lowest reading since August and a significant step down from the first two months of the year, which provided the highest readings since June 2022. (The LMI is a diffusion index in which a reading above 50...

https://www.freightwaves.com/news/march-supply-chain-data-craters-following-inventory-pull-forward

Tariff fears evident in February supply chain data

Record imports ahead of new tariffs shaped sentiment among supply chain managers in February, according to the Logistics Managers’ Index report released Tuesday. The monthly query of logistics supply executives showed big moves in inventories and the costs to carry them along with knock-on effects in warehousing metrics.

The subindex for inventory levels jumped 6.3 percentage points to 64.8 in February with the inventory costs dataset stepping 7.1 points higher to 77.3. The LMI is a diffusion...

https://www.freightwaves.com/news/tariff-fears-evident-in-february-supply-chain-data

Pricing index logs fastest growth rate since freight recession began

Transportation prices jumped in January, according to a monthly survey of supply chain managers. The Logistics Managers’ Index released Tuesday showed sentiment around transportation rates was at the highest level since April 2022 – the start of the freight recession.

A 70.4 reading for pricing was 3.5 percentage points higher than in December. The subindex has been in expansion territory for 12 of the past 13 months.

The LMI is a diffusion index wherein a reading above 50 indicates expansion...

https://www.freightwaves.com/news/pricing-index-logs-fastest-growth-rate-since-freight-recession-began

Transportation pricing index hits highest level since freight recession began

The growth rate of transportation prices surged to a more than two-year high in December, according to a monthly survey of supply chain managers.

The Logistics Managers’ Index showed sentiment around transportation prices stood at 66.8 during the recent month, up 3 percentage points from November and the highest growth rate posted since April 2022. Strong consumer demand and record e-commerce deliveries were cited as the reasons for the acceleration in the pricing index.  

The LMI is a diffusion...

https://www.freightwaves.com/news/transportation-pricing-index-hits-highest-level-since-freight-recession-began

Rising rejection rates amid demand drop reveal truckload capacity exodus

Chart of the Week: Contract Load Accepted Volume Index, Outbound Tender Volume Index – USA SONAR: CLAV.USA, OTRI.USA

Carriers are accepting the same load volumes that they were in April 2023, near the theoretical floor of the freight market’s recent recessionary period. Rejection rates (the rate at which carriers turn down load coverage requests from contracted shippers) are more than double what they were at the time. This is further evidence that a significant amount of supply has left and is...

https://www.freightwaves.com/news/rising-rejection-rates-amid-demand-drop-reveal-truckload-capacity-exodus

Transportation pricing up again in November, sentiment survey shows

Transportation capacity was up slightly in November, but pricing remained firmly in expansion territory, a Tuesday sentiment survey revealed.

The Logistics Managers’ Index, a monthly query of supply chain managers, registered a 52.6 reading for transportation capacity in the month. That was up 1.7 percentage points from October. Transportation utilization (60.5) ticked up less than 1 point while transportation pricing (63.8) remained near October’s two-year high.

The pricing metric faced a modest...

https://www.freightwaves.com/news/transportation-pricing-up-again-in-november-sentiment-survey-shows

Transportation pricing jumps in October, sentiment survey finds

A monthly supply chain survey published Tuesday showed a jump in sentiment around transportation pricing. The Logistics Managers’ Index reported a 64.1 reading for transportation prices in October, a 5.7-percentage-point increase from September and the highest reading for the dataset since May 2022.

The LMI is a diffusion index wherein a reading above 50 indicates expansion while one below 50 signals contraction.

The one-year forward expectation for pricing was 81, up 1 point sequentially. If...

https://www.freightwaves.com/news/transportation-pricing-jumps-in-october-sentiment-survey-finds

No change to transportation capacity in September, sentiment survey finds

Transportation capacity remained level in September while pricing continued to see modest increases, a supply chain sentiment survey showed on Tuesday. This was the second time this year that the capacity index didn’t expand, a sign that the freight market may finally be turning. (The last time the capacity index contracted was in March 2022.)

The Logistics Managers’ Index, a monthly query of supply chain executives, showed the transportation capacity index stood at a neutral reading of 50...

https://www.freightwaves.com/news/no-change-to-transportation-capacity-in-september-sentiment-survey-finds

Transportation capacity steps higher in August, survey shows

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...

https://www.freightwaves.com/news/transportation-capacity-steps-higher-in-august-survey-shows

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