Data Points to Tightening Trucking Capacity, But Market Flip Still Uncertain
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The LMI transportation capacity and price components suggest a flip in the transportation market is coming.
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The LMI accurately describes domestic transportation conditions and is indicating tighter capacity lately.
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Capacity tightened after Yellow's exit, but it's unclear how much of a role that played.
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Multiple data sources show tightening capacity, but not enough yet for major disruption.
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Predicting a freight market turn is uncertain due to disconnected economic data recently.