August LMI: Capacity at 40, Yet Prices Soar. Why This Disconnect?

The August Logistics Managers’ Index revealed a divergence between transportation capacity and pricing dynamics in the freight market. The overall LMI registered 66.6 for August, declining 2.2 points from the previous month, primarily due to slower inventory growth. Transportation capacity measured 40, remaining significantly below the 50-point expansion threshold but showing improvement of 11 points from July, marking the slowest contraction rate in six months. Transportation utilization