INDUSTRY PULSE: Inventory-to-shipment ratio falls

Avatar photo

OTTAWA, Ont. — The inventory-to-shipment ratio decreased from its recent high of 1.31 to 1.28 in June, due to the increase in the value of shipments and the decline in inventories, according to Statistics Canada records.

However, the overall trend for the ratio, which had remained relatively stable last year, has been on the rise in 2006 as shipment activity strains under several factors including the strong Canadian dollar and soaring input costs.

The inventory-to-shipment ratio is a key measure of the time, in months, that would be required to exhaust inventories if shipments were to remain at their current level.

Avatar photo

Truck News is Canada's leading trucking newspaper - news and information for trucking companies, owner/operators, truck drivers and logistics professionals working in the Canadian trucking industry.


Have your say


This is a moderated forum. Comments will no longer be published unless they are accompanied by a first and last name and a verifiable email address. (Today's Trucking will not publish or share the email address.) Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.

*