The Logistics Manager’s Index fell to 72.2 in September of 2021 from 73.8 in August, pointing to the slowest growth in the logistics industry in four months, driven primarily by cost metrics (including an all-time high reading of 89.3 for Warehousing Prices), tempered somewhat by a decrease in the rate of growth for Inventory Levels. A decline which is likely due to a combination of inventory moving quickly due to high consumer demand, but also coming in slowly due to logistics delays. There were 73 ships at anchor or drifting in San Pedro Bay in mid-September. This bottleneck has led global schedule reliability to drop to an all-time low of 33.6% in August of 2021, down 30.1% from this time a year ago. The lack of space is confirmed in the Transportation Capacity metric, reading in at 37.2, down (-3.3) from August. Also, shippers are holding on to chassis for longer than normal because containers have nowhere else to go due to a lack of warehousing space. source: Logistics Managers' Index
Lmi Logistics Managers Index Current in the United States averaged 64.41 points from 2016 until 2021, reaching an all time high of 75 points in June of 2021 and a record low of 51.31 points in April of 2020. This page provides - United States LMI Logistics Managers Index Current- actual values, historical data, forecast, chart, statistics, economic calendar and news. United States LMI Logistics Managers Index Current - values, historical data and charts - was last updated on October of 2021.