Truck News

News

Inventories continue to edge down after peaking at the end of 2006

OTTAWA, Ont. -- Inventories continued to be drawn down following the end of the rail strike in February, according ...


OTTAWA, Ont. — Inventories continued to be drawn down following the end of the rail strike in February, according to Statistics Canada records.

Total inventories for manufacturers fell 0.2% to $62.7 billion in March on the heels of a similar decline in February.

Inventories hovered at near record levels for several months near the end of 2006 before easing slightly in the new year.

Overall, 11 of 21 industries decreased their inventories in March, with most of the decrease coming from motor vehicle parts (-4.9%), aerospace products and parts (-1.8%), and the primary metal sectors (-1.2%). The one major exception to inventory declines came from petroleum and coal product manufacturers, who gained 2.7%.


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Your email address will not be published.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 *

*