Stifel Logistics Confidence Index Saw Recovery in January
The January edition of the Stifel Logistics Confidence Index saw a recovery during the month of January with a score of 45.9.
Three of the four trade lanes covered by Stifel performed well, with the Asia-to-Europe trade showing a significant monthly improvement. But the Europe-to-U.S. trade lane recorded declines across all categories—air and sea, present and expected situations–reversing recent performance gains.
The air freight logistics confidence Index gained 0.6 points in January, standing at 47.2. That number is 9.4 points lower than January 2015, and 9.3 points lower than January 2014.
Addressing the present situation, the air freight index rose 0.4 points to 44.2. All lanes showed monthly growth with the exception of the Europe-to-U.S. lane, which lost 5.6 points to reach 51.8. US. to Europe, Asia to Europe, and Europe to Asia all gained, by 3.1, 1.8, and 2.1 points respectively.
A similar situation prevailed in the expected outlook. Europe to US fell against on a monthly basis while the other trades gained.
The logistics confidence index for sea freight improved by 0.3 points to 44.6, but stood 13.4 points lower than in January 2015 and 12.2 points lower than in January 2014.
The index measuring the present situation continued to fall, losing 1.1 points to 39.6. The Europe-to-U.S. lane performed the poorest of those measured, losing 6.3 points to 48.7. US to Europe also lost ground while the Asia-Europe trades gained.
The index for future expectations gained 1.6 points to 49.5, thanks to increases in three of the four lanes measured, the exception being Europe to U.S. which lost ground.
Need a Logistics Provider?
Compare over 100 Instantly