The US Logistics Managers’ Index increased to 70.2 in September 2026 from 66.6 in August. It is the second-highest reading in four years, behind only June’s reading of 71.1. A faster increase was seen for Inventory Levels (58.9 vs 52.8) and Inventory Costs (79.9 vs 78.6) which is also having a significant effect on the warehousing market. Warehousing Capacity shrank the most since March 2022 (39.3 vs 53.5), potentially due to the fact that firms, particularly retailers, had run inventory down a bit and are not rushing goods in now ahead of potential holiday sales. The reduction in available storage capacity has boosted Warehousing Utilization (64.3 vs 59.6) and is likely behind the consistently robust expansion of Warehousing Prices (73.5 vs 75). There are similar dynamics in Transportation Capacity (34.4 vs 40) while Transportation Utilization continues expanding but at a slower rate (66.1 vs 70.6). Finally, Transportation Prices continue to surge (92.7 vs 90). source: Logistics Managers' Index

LMI Logistics Managers Index in the United States increased to 70.20 points in September from 66.60 points in August of 2026. LMI Logistics Managers Index in the United States averaged 62.13 points from 2016 until 2026, reaching an all time high of 76.20 points in March of 2022 and a record low of 45.40 points in July of 2023. This page provides - United States LMI Logistics Managers Index Current- actual values, historical data, forecast, chart, statistics, economic calendar and news. United States LMI Logistics Managers Index - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-01 10:00 AM
LMI Logistics Managers Index
Aug 66.6 68.9
2026-10-06 10:00 AM
LMI Logistics Managers Index
Sep 70.2 66.6
2026-11-03 11:00 AM
LMI Logistics Managers Index
Oct 70.2



Components Last Previous Unit Reference
LMI Inventory Costs 79.90 78.60 points Sep 2026
LMI Logistics Managers Index Future 68.60 69.60 points Sep 2026
LMI Transportation Prices 92.70 90.00 points Sep 2026
LMI Warehouse Prices 73.50 75.00 points Sep 2026

Related Last Previous Unit Reference
Average Equipment Rate 2.97 2.63 $/mile Mar 2026
Dry-Van Rate 2.50 2.31 $/mile Mar 2026
LMI Logistics Managers Index 70.20 66.60 points Sep 2026


United States LMI Logistics Managers Index
The Logistics Managers Survey is a monthly study aimed a revealing the status of US logistics activity. The LMI score is a combination of eight unique components that make up the logistics industry, including: inventory levels and costs, warehousing capacity, utilization, and prices, and transportation capacity, utilization, and prices. The LMI is calculated using a diffusion index, in which any reading above 50 percent indicates that logistics is expanding; a reading below 50 percent is indicative of a shrinking logistics industry.
Actual Previous Highest Lowest Dates Unit Frequency
70.20 66.60 76.20 45.40 2016 - 2026 points Monthly

News Stream
US Logistics Growth 2nd-Highest in 4 Years
The US Logistics Managers’ Index increased to 70.2 in September 2026 from 66.6 in August. It is the second-highest reading in four years, behind only June’s reading of 71.1. A faster increase was seen for Inventory Levels (58.9 vs 52.8) and Inventory Costs (79.9 vs 78.6) which is also having a significant effect on the warehousing market. Warehousing Capacity shrank the most since March 2022 (39.3 vs 53.5), potentially due to the fact that firms, particularly retailers, had run inventory down a bit and are not rushing goods in now ahead of potential holiday sales. The reduction in available storage capacity has boosted Warehousing Utilization (64.3 vs 59.6) and is likely behind the consistently robust expansion of Warehousing Prices (73.5 vs 75). There are similar dynamics in Transportation Capacity (34.4 vs 40) while Transportation Utilization continues expanding but at a slower rate (66.1 vs 70.6). Finally, Transportation Prices continue to surge (92.7 vs 90).
2026-10-06
US Logistics Sector Slows for 2nd Straight Month in August
The US Logistics Managers’ Index fell for a second consecutive month to 66.6 in August 2026, from 68.9 in July, pointing to the slowest growth in the logistics sector in six months. The decline was driven by a slowdown in inventory expansion, while logistics costs continued to rise at a high pace. Inventory Levels eased (-2.2 to 52.8), primarily driven by Upstream. However, expansion in Inventory Costs continue apace (+1.6 to 78.6), which is their second-fastest rate of expansion in 12 months. There were similar dynamics in warehousing and transportation. Warehousing Capacity moved up (+7.2 to 53.5), its fastest rate of expansion all year, while Warehousing Prices remained elevated (-0.5 to 75). Transportation Capacity is still contracting (+11.6 to 40) but Transportation Price expansion is up (+3.1 to 90). Essentially, the August report paints a picture of logistics costs that seem to be rapidly increasing no matter what the underlying situation is.
2026-09-01
US Logistics Expansion Cools as Inventory Growth Slows
The US Logistics Managers' Index eased to 68.9 in July 2026, down from 71.1 in June, which marked the fastest pace of expansion since March 2022. Although growth moderated, July's reading remains higher than any monthly reading recorded between 2023 and 2025, indicating continued strength in the logistics sector. The slowdown was driven primarily by Inventory Levels, which fell 5.5 points to 55.0 after firms pulled inventory forward ahead of July tariff increases. The decline was most pronounced among Downstream retailers, where Inventory Levels dropped from 66.0 to 46.3, suggesting that inventories built ahead of the holiday season are now concentrated Upstream at the wholesale level. Meanwhile, Inventory Costs continued to rise, increasing 1.1 points to 77.0. At 22.0 points above Inventory Levels, the gap underscores persistent cost pressures from tariffs and ongoing geopolitical conflict.
2026-08-04