Is The Freight Market Headed For a Crisis? What the LMI Says

🇺🇸 FreightWaves (US) —
Is The Freight Market Headed For a Crisis? What the LMI Says

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The latest Logistics Managers’ Index report highlights a very tight US freight market with near-record low transportation capacity. This shortage is driving up shipping prices amid cautious manufacturing despite rising consumer confidence in retail.

SummaryView Transcript The latest Logistics Managers’ Index (LMI) report reveals a robust but extremely tight freight market, with transportation capacity hitting near-record lows. Shippers are struggling to find capacity, pushing transportation prices higher, a trend not seen since 2022. While retailers gain consumer confidence, manufacturers remain cautious. Dive into the data to understand the pressures […] The post Is The Freight Market Headed For a Crisis? What the LMI Says appeared first on FreightWaves.

Markets Commodities Shipping freight market transportation capacity shipping prices logistics consumer confidence manufacturing caution

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