Mar sees fastest growth of US logistics managers’ index since May 2022

The March US logistics manager’s index was 65.7, up by 4.2 points from February—the fastest expansion since May 2022’s reading of 67.1.
Growth is rising at an increasing rate for inventory levels and costs; warehousing prices; and transportation utilisation and prices.
Growth is increasing at a decreasing rate for warehousing utilisation. Warehousing capacity and transportation capacity are contracting.