Transportation prices fall at fastest-ever pace in December, LMI says
Transportation prices fell at the fastest pace on record, according to the December Logistics Managers’ Index.
Transportation prices fell at the fastest pace on record, according to the December Logistics Managers’ Index.
Transportation data showed further loosening during July, according to a supply chain survey released Tuesday.
Transportation capacity continues to contract at a record pace with rates climbing to historical levels, according to the September Logistics Managers’ Index.
The supply chain continues to be stretched as the peak shipping season bears down. Capacity declines further while rates soar, according to an August survey.
Growth in the supply chain came at a faster pace in February, with transportation capacity falling and prices climbing at accelerated rates.
The January Logistics Managers’ Index moves higher as more firms take on inventory and delays throughout the supply chain further deplete transportation and warehouse capacity.
While the pace of growth in the supply chain cooled during December, transportation and warehouse capacity remains tight and prices are high.
A November supply chain survey shows the rates at which transportation capacity is shrinking and pricing is climbing are increasing.
Transportation capacity has dropped to new lows and the precipitous rate at which pricing is increasing is expected to continue for at least the next 12 months, according to a September supply chain survey.
July supply chain survey confirms torrid pace of logistics recovery as transportation capacity remains in short supply and rates bound higher.
The Logistics Managers’ Index (LMI) remained level in September. Trends in the capacity index were in-line with truckload capacity coming out of the market. However, inventory build ahead of peak season appears to be light.