INDUSTRY PULSE: Big shipment gains pulls down the inventory-to-shipment ratio

Avatar photo

OTTAWA, Ont. — January’s strong rebound in shipments largely contributed to the downward movement of the inventory-to-shipment ratio to 1.24 from December’s recent high of 1.26.

This marks the lowest ratio since September (1.23), according to Statistics Canada. The ratio began to trend upwards in the second half of 2004 as the manufacturing sector showed signs of weakening.

The inventory-to-shipment ratio is a key measure of the time, in months, that would be required in order 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 Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.

*