Logistics Confidence Index Again on the Increase

Transport Intelligence Press Release
Friday, January 18, 2013

Stifel Nicolaus Logistics Confidence Index suggests the current market remains weak, however the outlook is increasingly positive.

The Stifel Nicolaus Logistics Confidence Index increased for the third consecutive month in January 2013, according to the latest industry study undertaken by Transport Intelligence. The overall index, an average of the current and expected situation, increased 0.8 points to 48.8 from 48.0 in the last month of 2012.

Increased sentiment among sea forwarders drove the overall increase. In terms of the current logistics situation, the sea freight index increased 1.8 points to 46.6 in the first month of 2013. Meanwhile, air freight continued to lag, down 0.8 points to 39.7. At below the 50.0 mark, both indices indicate weaker volumes relative to the time of year.

Lucy Palmer, Economist at Ti commented: “While the sea freight index has recorded steady increases over the last three months, developments in the index for air freight have been less consistent. Economic uncertainty continues to weigh more heavily on air freight volumes as shippers switch to ocean freight.”"

In terms of the outlook for the next six months, volumes are expected to improve relative to the time of year. In January 2013, both sea and air forwarders expressed slightly more optimism surrounding the six-month outlook compared with December. For air freight, the logistics expectations index increased 0.4 points to 52.0, while for sea freight the index was up 1.7 points to 56.9.

In this month’s unique question, we asked survey respondents whether or not they experienced a peak shipping season in 2012. Some 56% of respondents indicated that they had not experienced a seasonal increase in volumes in 2012, while the remaining 44% had recorded a seasonal increase.

The Stifel Nicolaus Logistics Confidence Index is generated from an extensive survey of global logistics professionals, asked to provide their views on current levels of volumes in the industry and their expectations for six months’ time. An index value of 50 indicates no change in the volumes currently being experienced for the time of year; above 50 indicates higher volumes, while below 50 indicates lower volumes.

To download a full copy of the January 2013 results click here.



 



 

 

Maritime Reporter July 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Missing Person Rescued Near Brackettville

On July 31, Border Patrol Search Trauma and Rescue (BORSTAR) agents and CBP Office of Air and Marine rescued a man who was reported missing the previous morning.

Ross is Fleet Manager, Heidmar

Heidmar announced the promotion of Duncan Ross to Fleet Manager. Duncan joined Heidmar’s London office in 2012 as vessel manager.  Prior to joining Heidmar,

Fire Aboard USS Mount Whitney

A fire broke out on board USS Mount Whitney (LCC 20) while the ship was in Viktor Lenac Shipyard (Rijeka, Croatia) July 31, 2015. There were no personnel injuries in the fire,

Logistics

Optimized Tug-Barge System Designs by Robert Allan

Optimized Tug-Barge System Designs by Robert Allan Ltd. by David R. Connand Robert G. Allan, P.Eng. Some veteran Mississippi pushboats and barges have been

WKCTC to Host Open House for ILM Institute

West Kentucky Community and Technical College will host an open house and ribbon cutting for the Inland Logistics and Marine Institute August 10 from 4 ­– 6 p.

U.S. Drillers Add Rigs Despite Crude Collapse

U.S. energy firms added 5 oil rigs this week after putting 21 rigs into service last week, the most in over a year, despite a collapse in U.S. crude prices from recent highs in June,

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Pod Propulsion Port Authority Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1482 sec (7 req/sec)