transportation pricing

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

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

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

Transportation capacity, pricing sentiment signaling recovery

Sentiment around transportation capacity signaled slight growth in July. However, readings on utilization and pricing increased more meaningfully, suggesting a freight market correction is on the horizon.

The Logistics Managers’ Index (LMI), a survey of logistics supply executives regarding eight key components of the supply chain, displayed a 50.9 reading for transportation capacity in the month. That was less than 1 percentage point higher than in June and just barely into expansion territory....

https://www.freightwaves.com/news/transportation-capacity-pricing-sentiment-signaling-recovery

Transportation capacity in June: No growth for first time in over 2 years

A monthly supply chain survey registered a neutral reading for transportation capacity in June, the first time in more than two years the index didn’t expand. Sentiment around transportation pricing signaled growth for a second consecutive month.

The Logistics Managers’ Index (LMI) displayed a 50 reading for capacity in June. The last nongrowth reading on transportation capacity was in March 2022, just ahead of the freight recession’s onset. The capacity subindex was 7.3 percentage points lower...

https://www.freightwaves.com/news/transportation-capacity-in-june-no-growth-for-first-time-in-over-2-years

May sentiment survey sees higher transportation rates but capacity up again

Sentiment on transportation pricing among supply chain executives flipped from contraction to expansion in May, a monthly survey showed on Tuesday. While the pricing data set inflected positively during the month, the capacity subindex stubbornly remained in growth mode as well.

The Logistics Managers’ Index (LMI), a compilation of eight key components of the supply chain, increased 2.7 percentage points from April to a reading of 55.6 in May. The LMI is a diffusion index in which a reading...

https://www.freightwaves.com/news/may-sentiment-survey-sees-higher-transportation-rates-but-capacity-up-again

Transportation prices fall at fastest-ever pace in December, LMI says

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Supply chain data released Tuesday showed a new “sharpest rate of contraction” for transportation...

Transportation capacity rises again in July, pricing declines, report says

Unidentified tractor-trailer on highway

Supply chain data released Tuesday showed further cooling in transportation markets. The July Logistics Managers’ Index (LMI) fell 4.3 percentage points to 60.7, the lowest reading in the data set since May 2020.

A reading above 50 indicates expansion while a reading below 50 indicates contraction.

“While this does still represent a healthy rate of expansion in the logistics industry, it is a far cry from March when the index hit an all-time high reading of 76.2,” the report read.  

The...

https://www.freightwaves.com/news/transportation-capacity-rises-again-in-july-pricing-declines-report-says

Transportation capacity declines accelerate in September

Some LMI metrics hit new highs in September

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

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