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