US Supply Chains Are Straining Like It’s 2022 Again
Transport costs are rising as US diesel prices soar amid five weeks of war in the Mideast
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US supply chains are flashing the clearest signs of tightness since the one-two punch of Covid and the Russia-Ukraine war disrupted global shipping almost four years ago.
The Logistics Manager’s Index rose in March to 65.7, the third straight monthly increase and the highest level since May 2022, according to a report released Tuesday. Costs for transportation, warehousing and inventories all increased, according the monthly gauge released from Colorado State University in Fort Collins.