US Transport Gauge Inverts in Early Hint of Slump: Supply Lines

A little-known indicator of the US cargo transport market is flashing hints of a slowdown during what’s usually a busy time of year.

And while it’s too early to call it the start of a freight recession, two statistical lines just crossed each other that bear watching.

Those are among the takeaways from the latest Logistics Manager’s Index compiled by Zac Rogers, an associate professor at Colorado State University. The August figures released Tuesday showed notable drops in transportation prices and utilization, while available capacity rose.

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For logistics chart watchers, such an alignment ...