Truck News

News

Inventory-to-shipment ratio falls to a three-year low

OTTAWA, Ont. -- Improved shipments coupled with a small reduction in inventories, contributed to a lower inventory-...


OTTAWA, Ont. — Improved shipments coupled with a small reduction in inventories, contributed to a lower inventory-to-shipment ratio in December.

The ratio fell to 1.40, the lowest level in over three years, Statistics Canada reports. Inventories have been trending down throughout the year.

The finished-product inventory-to-shipment ratio also edged down to 0.44 in December from 0.45 in November.

This ratio is a measure of the time that would be required in order to exhaust finished-products 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Your email address will not be published.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 *

*