INDUSTRY PULSE: The inventory-to-shipment ratio edges higher

Avatar photo

OTTAWA, Ont. — January’s drop in shipments contributed to an up-tick in the inventory-to-shipment ratio.

The ratio edged up to 1.28 from 1.27 in December, although it remained shy of the year high of 1.31 set in July 2005, Statistics Canada reported this week.

The volatility of shipments in recent months has also contributed to some flux in the ratio.

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 Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.

*