Reported 1 day ago
A recent sentiment survey indicates that transportation pricing has continued to rise in November, with a capacity increase noted as well. The Logistics Managers’ Index showed a reading of 63.8 for transportation pricing and 52.6 for capacity, marking a stable and sustained growth in the logistics sector. Despite slight fluctuations, transportation prices have remained inflationary throughout most of 2024, with smaller firms experiencing higher pricing pressures. Overall, the survey points to a robust expectation for pricing in the coming year, indicating a healthy recovery in the logistics industry.
Source: YAHOO