The Logistics Manager’s Index (LMI) has shown consistent growth for 12 consecutive months, with a November 2024 score of 58.4, slightly down from October’s 58.9. This score reflects various components in the logistics sector, including inventory levels, warehousing, and transportation. Notably, inventory levels have decreased by 3.3%, while warehousing and transportation capacities have increased. The report emphasizes that inventory movement through supply chains remains steady, indicating a return to normal seasonal patterns in 2024, contrasting with the previous year’s freight recession driven by high inflation and excess inventory.

Source: https://www.logisticsmgmt.com/article/november_logistics_managers_index_shows_continued_growth_reflecting_consistent_expansion_in_logistics_sector/