November’s LMI shows Continued Expansion in the Logistics Industry

The Logistics Managers’ Index (LMI) is a survey of supply chain professionals that measures activity throughout the transportation, logistics, and warehousing sectors. November’s report shows that inventory levels and warehousing utilization are increasing, but at a slower rate than before. Inventory costs, warehousing prices, transportation utilization, and transportation prices are increasing, at a higher rate than before. And warehousing capacity and transportation capacity are contracting. To read the full report, go to the LMI website.

Sources:
1. November 2021 Logistics Manager’s Index Report®, Logistics Managers’ Index, Dec 7, 2021. Accessed Dec 21, 2021.
2. Transportation, warehouse capacity lacking, costs soar in November, Freight Waves, Dec 7, 2021. Accessed Dec 21, 2021.