Transportation capacity up, prices see ‘sharpest rate of contraction’ in November
The November Logistics Managers’ Index showed transportation capacity was up again with pricing contracting at the fastest rate on record.
The November Logistics Managers’ Index showed transportation capacity was up again with pricing contracting at the fastest rate on record.
Transportation capacity grew during October at the fastest pace captured in the history of a 6-year-old data set.
Supply chain data released Tuesday showed further loosening in transportation capacity while warehousing metrics tightened further.
Transportation data showed further loosening during July, according to a supply chain survey released Tuesday.
A supply chain survey released Tuesday showed market fundamentals continued to cool during June.
Capacity increased again in May, according to the Logistics Managers’ Index. However, the transportation market stabilized in the back half of the month.
Transportation capacity grew for the first time since May 2020, according to a monthly supply chain survey.
Growing e-commerce demand is likely to require higher inventories for timely fulfillment. That means a congested supply chain could become the new norm.
Bottlenecks and a lack of transportation capacity led many retailers to order extra merchandise in the fall. Inventories are now piling up at points along the supply chain for some companies because they still can’t find the transportation to move the goods, a supply chain survey finds.
China’s biggest holiday used to have a dramatic impact on U.S. transportation and the flow of goods. Now it seems more of an afterthought.