Truck News

News

INDUSTRY PULSE: Inventory-to-shipment ratio falls

OTTAWA, Ont. -- The inventory-to-shipment ratio decreased from its recent high of 1.31 to 1.28 in June, due to the ...


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.


Truck News

Truck News

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.
All posts by

Print this page
Related Articles
TruckNews
TodaysTrucking


Have your say:

Your email address will not be published. Required fields are marked *

*