06/03/2026
The U.S. Logistics Managers’ Index recorded a transportation pricing reading of 96 out of 100 for May, the fastest growth rate in the index’s 10-year history. The report was direct in its assessment: “This is the hottest that the transportation market has been in over four years.”
Capacity continued to contract, tender rejections are at multi-year highs, and spot rates are climbing, driven by the fuel shock from the Strait of Hormuz and the ongoing removal of non-compliant drivers following the FMCSA’s enforcement actions.
To learn more, the LMI’s findings are covered in detail in this FreightWaves article: https://www.freightwaves.com/news/transportation-pricing-index-logs-record-growth-rate-in-may