Transportation prices up in February but capacity grows faster

Transportation prices grew from depressed levels for a second time in as many months during February, a Tuesday supply chain report showed. However, the rate of growth in transportation capacity was higher, signaling a meaningful recovery in the freight cycle is not yet underway.

The subindex for transportation prices (57.6) increased 1.8 percentage points sequentially in February, according to data compiled in the Logistics Managers’ Index (LMI). Prior to January, the index had been in...

https://www.freightwaves.com/news/transportation-prices-up-in-february-but-capacity-grows-faster

Transportation prices grow for first time in 19 months, survey says

Transportation prices flipped to expansion for the first time in 19 months as retailers increase inventories, a Tuesday supply chain report said.

The Logistics Managers’ Index (LMI) was up 5 percentage points to 55.6 in January with all eight components of the index signaling growth. The LMI is a diffusion index in which a reading above 50 indicates expansion while one below 50 signals contraction.

This index has been in expansion territory for five of the past six months.

“This growth is driven...

https://www.freightwaves.com/news/transportation-prices-grow-for-first-time-in-19-months-survey-says

Transportation capacity up again in December, prices fall faster

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Transportation metrics slid again in December with capacity increasing at a faster pace and prices...

https://www.freightwaves.com/news/transportation-capacity-up-again-in-december-prices-fall-faster

Transportation capacity grows faster in November, prices continue to slide

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A November survey of supply chain managers fell back into contraction territory with transportation...

https://www.freightwaves.com/news/transportation-capacity-grows-faster-in-november-prices-continue-to-slide

LMI showing transportation market flip is coming

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Chart of the Week: Logistics Managers’ Index – Transportation Capacity, Transportation Prices  SONAR:

https://www.freightwaves.com/news/lmi-showing-transportation-market-flip-is-coming

Ramp in transportation capacity slows in October, report says

Transportation metrics were less bad in October, according to a survey of supply chain executives.

The Logistics Managers’ Index (LMI) report showed transportation capacity continued to expand and pricing continued to decline but at less severe rates. The data is compiled in a diffusion index where a reading above 50 indicates expansion while one below 50 signals contraction.

Transportation capacity (56.7) continued to increase in October but at a rate that was 7.6 percentage points lower than in...

https://www.freightwaves.com/news/ramp-in-transportation-capacity-slows-in-october-report-says

August transportation prices decline at slowest pace in a year

Freight transportation markets inched closer to equilibrium in August, according to data compiled in the Logistics Managers’ Index (LMI).

The Tuesday report displayed a reading of 60.5 for transportation capacity during the month, which is still well into expansion territory but the slowest growth rate logged since April 2022. The subindex was 5.1 percentage points lower than in July.

The impact from less-than-truckload carrier Yellow’s exit was not quantified in the report. The carrier was...

https://www.freightwaves.com/news/august-transportation-prices-decline-at-slowest-pace-in-a-year

Transportation prices fall notably again in July

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Transportation prices fell again in July but at a slower rate than in the prior two months,...

https://www.freightwaves.com/news/transportation-prices-fall-notably-again-in-july

Supply chain index hits all-time low in April

A monthly survey of activity in the supply chain published Tuesday registered an all-time low in April.

The Logistics Managers’ Index (LMI) produced a reading of 50.9 during the month, a new low for the 6.5-year-old data set. This was the third consecutive month the growth rate slowed, albeit only 20 basis points lower than the level recorded in March.

A level below 50 indicates contraction while one above signals expansion.

There was some good news in the bad news.

A big driver of the change was a...

Transportation prices set record for rate of decline in February

Transportation prices fell in February at the fastest rate recorded in the six-and-a-half-year history of a monthly survey of supply chain executives.

The Logistics Managers’ Index (LMI) registered a reading of 36.1 for transportation costs in February, 5.9 percentage points lower than in January and below the prior record, which was established in December.

A level below 50 indicates contraction while one above signals expansion.

The report said the rate declines were “a little more pronounced in...

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