The US logistics manager’s index (LMI) for September was 57.4, down by 1.9 points from August’s 59.3.
This is the lowest reading for the overall index since March this year.
The slowdown in logistics expansion is due to a declining rate of growth across the majority of the sub-metrics, with transportation utilisation down by 4.7 points to 50, which indicates no movement.
This is the lowest reading for the overall index since March this year.
The slowdown in logistics expansion is due to a declining rate of growth across the majority of the sub-metrics, with transportation utilisation down by 4.7 points to 50, which indicates no movement.
