Stifel Nicolaus Logistics Confidence News

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.