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Stifel Logistics Confidence Index trends downward after brief respite
THE Stifel Logistics Confidence Index suggests that January and February may have been positive blips on an otherwise downward trend, reports the American Journal of Transportation.
The total air freight logistics confidence index gained 0.5 points in March 2016, totalling 48.6.
The index is 9.3 points lower than in March 2015, and 7.3 points lower than in March 2014. Regarding the present situation, the air freight index rose 0.9 points to 45.4.
Continuing on from January, all lanes posted month-to-month growth with the exception of Asia to Europe, which lost 2.5 points to reach 41.4.
Europe to Asia gained 1.3 points, though remained below the 50 point mark, standing at 39.1. US to Europe gained 2.6 points to 49, while Europe to US also gained 2.6 points, and at 53 represented the only lane in positive territory.
In the expected outlook, the total results were flat, as half the lanes saw gains, while the other half saw declines. Europe to US recorded the most significant gain, increasing by 2.6 points to 52.2.
By contrast, US to Europe fell 1.6 points to 53.3. Meanwhile, Europe to Asia fell by 1.6 points to 49.7, while Asia to Europe increased by 0.6 points to 51.8.
The logistics confidence index for sea freight declined by one point to 45.3. Additionally, when compared with the same month in 2015, the index is 11.4 points lower, and it is also 12.7 points lower than in March 2014.
For the present situation, the index gained 0.8 points to 41.5. Half of the lanes noted gains, while half saw declines. The former group was made up of Europe to US and US to Europe, which noted gains of 3.9 points to 49.3 and 0.9 points to 37.9 respectively.
The expected situation index for sea freight saw a 2.8 point decline to 49.1, with contractions in all lanes apart from Europe to US, which gained 0.8 points to 56.0. Meanwhile, US to Europe lost 4.6 points, falling to 46.2. Europe to Asia lost three points, and Asia to Europe declined 4.3 points, with each amounting to 44.1 and 50.5 respectively.
The total air freight logistics confidence index gained 0.5 points in March 2016, totalling 48.6.
The index is 9.3 points lower than in March 2015, and 7.3 points lower than in March 2014. Regarding the present situation, the air freight index rose 0.9 points to 45.4.
Continuing on from January, all lanes posted month-to-month growth with the exception of Asia to Europe, which lost 2.5 points to reach 41.4.
Europe to Asia gained 1.3 points, though remained below the 50 point mark, standing at 39.1. US to Europe gained 2.6 points to 49, while Europe to US also gained 2.6 points, and at 53 represented the only lane in positive territory.
In the expected outlook, the total results were flat, as half the lanes saw gains, while the other half saw declines. Europe to US recorded the most significant gain, increasing by 2.6 points to 52.2.
By contrast, US to Europe fell 1.6 points to 53.3. Meanwhile, Europe to Asia fell by 1.6 points to 49.7, while Asia to Europe increased by 0.6 points to 51.8.
The logistics confidence index for sea freight declined by one point to 45.3. Additionally, when compared with the same month in 2015, the index is 11.4 points lower, and it is also 12.7 points lower than in March 2014.
For the present situation, the index gained 0.8 points to 41.5. Half of the lanes noted gains, while half saw declines. The former group was made up of Europe to US and US to Europe, which noted gains of 3.9 points to 49.3 and 0.9 points to 37.9 respectively.
The expected situation index for sea freight saw a 2.8 point decline to 49.1, with contractions in all lanes apart from Europe to US, which gained 0.8 points to 56.0. Meanwhile, US to Europe lost 4.6 points, falling to 46.2. Europe to Asia lost three points, and Asia to Europe declined 4.3 points, with each amounting to 44.1 and 50.5 respectively.
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