The logistics industry expanded in July, but transportation remains stagnant. The Logistics Managers’ Index showed a 52.6 reading for transportation capacity. Despite modest growth, transportation utilization and prices increased. Truckload carriers are optimizing equipment. Inventory levels fell, with smaller firms driving supply chain activity. Warehouse capacity expanded, but utilization decreased. Prologis predicts rent increases.

Read more at Yahoo Finance: Freight market’s ‘holding pattern’ continues in July