The Stifel Logistics Confidence Index saw a marginal month-on-month improvement in air freight confidence in its May results with Index gained 0.4 points for a total index score of 50.0. This result is 9.5 points below that for May 2015, and 5.7 points lower than in May 2014. The present situation results rose by 1.2 points to 47.2. This was chiefly derived from a 3.2 point gain in the Europe to Asia lane, which was nonetheless the poorest performing of the lanes at 42.1. Two of the other … [Read more...] about Stifel Logistics Confidence Index shows tiny gain in May
Stifel Logistics Confidence Index
Stifel Logistics Index: Positive blips in a downward trend
Despite improved results in January and February, the March edition of the Stifel Logistics Confidence Index suggests that these months may have merely amounted to positive blips within a downward trend, according to the Index’s authors at Transport Intelligence (Ti). The release of February trade volume figures for China showed that the country has experienced significant declines in both imports and exports, with the latter contracting 25.4 per cent year-on-year; the steepest decline since … [Read more...] about Stifel Logistics Index: Positive blips in a downward trend
Stifel Logistics Confidence Index lowest in three years
For the sixth successive month, the Stifel Logistics Confidence Index has declined again in November, falling to the lowest registered in three years. The monthly decline registered in air freight was more moderate than that witnessed in sea freight, however, with the former was down by 0.4 points to 48.9, while sea freight dropped 2.8 points, amounting to 46.1. The continuation of negative macroeconomic trends at the global level, primarily a result of the lethargic Chinese economy, … [Read more...] about Stifel Logistics Confidence Index lowest in three years
Stifel Logistics Confidence Index sinks to a 26-month low
The Stifel Logistics Confidence Index saw a fourth consecutive month of decline in September. While the Index, at 51.5, remains above the neutral 50 mark, times may be gloomier that the numbers alone suggest, according to the Index's authors. Not only has the Index reached its lowest point in some 26 months, it also recorded its fastest pace of decline since June 2014, a 2.6 point loss against the 54.1 recorded in August. September's most concerning figure comes from the Logistics Situation … [Read more...] about Stifel Logistics Confidence Index sinks to a 26-month low
Stifel Logistics Confidence Index down again
July’s Stifel Logistics Confidence Index, compiled by Transport Intelligence (Ti) slipped for a second consecutive month to 56.4. While it still remains higher than the same periods for 2013 and 2014, concerns over what the six month outlook may bring appears to be weighing on the market. Ti noted that demand appears to be easing off as the IATA director general and CEO noted in a recent IATA press release that business confidence is flat and export orders are in decline. He further noted the … [Read more...] about Stifel Logistics Confidence Index down again
Forwarders more upbeat about airfreight than sea
The Stifel Logistics Confidence Index for May indicated some improvements from April’s decline. In particular, the six-month outlook appears bright as airfreight gained 2.8 points to 63.4 and sea freight increased 2.1 points to 62.9. Overall, the total index increased 1.1 points to 57.4. Even though this is down 0.6 points from one year ago, it is still 6.7 points higher than May 2013. Airfreight continues to lead the optimism for both the six-month outlook as well as for the … [Read more...] about Forwarders more upbeat about airfreight than sea
