The March Logistics Managers’ Index (LMI) came in at 51.1, down -3.6 from February and the lowest reading for the overall index in the 6.5-year history of the LMI. The March result is driven by an all-time low in Transportation Prices, down (-5.0) to 31.1. The LMI score combines eight unique components of the logistics…
On a recent DAT Freight & Analytics show, we interviewed Zac Rogers, Associate Professor, and discussed the latest results of the Logistics Managers Index. Here’s an excerpt from the interview. Ken Adamo (KA): It’s looking like we might be in for a bit of a slower year than expected. What are you seeing? Zac Rogers…
According to the nation’s supply chain executives in the latest Institute for Supply Management (ISM) Manufacturing Purchasing Managers Index (PMI), economic activity in manufacturing contracted in March for the fifth consecutive month following a 28-month period of growth. At 46.3%, the March Manufacturing PMI is at its lowest level since May 2020, when it registered…
One of the more critical dates on the annual produce calendar is the Vidalia onion “pack date,” signaling the start of the produce shipping season. Each year Vidalia onion devotees eagerly await the announcement of the pack date or time shoppers will soon be able to purchase the product, which is only available for a…