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June 2023 US Logistics Managers Index Drops to a Revised Low

Supply Chain Matters

According to the June report summary , the primary driver of the latest decline was the inventory metric, which reportedly contracted 6.5 Consequently, the warehousing capacity metric increased a reported 6.8 Both metrics contributed to the overall contraction in the LMI along with contracting price levels for transportation.

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Global Supply Chain Volatility Continues to Moderate But Not Inventory and Warehousing Costs

Supply Chain Matters

The takeaway for September was that global manufacturing activity officially fall below the 50.0 This index compiles 27 different variables to include transportation movement and costs, global PMI sub-indexes reflecting delivery times and order backlog. up from an August reading of 59.7. for September.

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U.S. Logistics Manager’s Index Drops to an All Time Low in May

Supply Chain Matters

Transportation utilization reportedly dipped a hefty 9.5 Consequently, transportation prices reportedly declined 8.9 not only described as a “ significant rate of contraction ,” but also the first time that this particular metric has reached such a low level. Consequently, transportation prices reportedly declined 8.9

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Reports of Easing Global Supply Chain Volatility in July

Supply Chain Matters

The overall takeaway from the July data was that global production momentum had begun to stagnate and in some regions such as the Eurozone, Taiwan, and to some extent , certain manufacturing regions of China, PMI values had reached contraction levels. . Warehousing and Inventory metrics continue to buoy the logistics sector.

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Two Indices of Supply Chain Activity Noting Supply Chain Volatility Trending

Supply Chain Matters

This index complies 27 different variables to include transportation movement and costs, global PMI sub-indexes reflecting delivery times and order backlog. The authors specifically make mention of geopolitics along with the ongoing effects of the pandemic impacting many manufacturing regions in China. points to a reading of 56.9.