INDUSTRY PULSE: Inventory-to-shipment ratio edges up

Avatar photo

OTTAWA, Ont. — Weak shipments and a build-up in inventories contributed to a rise in the inventory-to-shipment ratio in December.

The ratio shifted up to 1.25 from 1.24 in November.

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 Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.