In August, while price increases for transportation slowed for the first time since April, the Logistics Managers’ Index showed a significant increase in transportation capacity, reaching its highest level since May at 56.7. This capacity growth is driven by expected seasonal demand after Labor Day and also by the smaller carriers returning to the market. Reflecting a positive shift in the logistics sector, warehouse capacity is up and inventory levels are rebounding. Despite small changes, the overall industry remains in constant growth.
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Source: Freightwaves
