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.
A supply chain survey released Tuesday showed market fundamentals continued to cool during June.
Transportation capacity grew for the first time since May 2020, according to a monthly supply chain survey.
Growth throughout the supply chain accelerated in November with costs reaching all-time highs, according to the Logistics Managers’ Index.
An October supply chain survey shows transportation capacity falling at a faster pace while freight rates keep stepping higher.
Growth rates throughout the supply chain cooled in May from recent record highs. However, the latest reading on transportation capacity stepped lower again.
An April survey of supply chain executives showed “continued downward pressure on transportation capacity” with prices surging to a 2.5-year high.
Early signs about the end of tight capacity begin to surface.
Anthony and Zach talk about the impact of Roadcheck week on the freight market and bring on Zac Rogers to discuss the latest Logistics Manager’s Index results showing increasing transportation prices along with declining warehouse capacity, a pattern eerily similar to 2018.
