Declines in transportation capacity slow in October

Truck at facility

An October supply chain survey shows the rate at which transportation capacity is declining slowed from September’s all-time record pace. The capacity index jumped 14.2 percentage points in the month to 38%, which is still firmly rooted in contraction territory.

The Logistics Managers’ Index (LMI), a survey of leading logistics executives, is a diffusion index wherein a reading above 50% indicates expansion and a reading below 50% indicates contraction. The survey is intended to capture the rate...

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Transportation capacity hits new lows, ‘no relief in sight’ for pricing

Unidentified truck on highway

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

Transportation capacity near 2-year low; pricing surges

Truck on highway with intermodal train in background

Supply chain data shows transportation capacity has declined to a 22-month low with utilization and prices reaching 19-month highs.

Those were a couple of the highlights from a report summarizing July data from the Logistics Managers’ Index (LMI), a survey of leading logistics executives. The overall index increased to a reading of 63% during the month, up 130 basis points from June and well off the all-time April low of 51.3%. The July mark was the highest for the index since January 2019.

The...

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