Shippers Gain Confidence
Tags: June 2023, Supply Chain
What can shippers expect next quarter? BlueGrace Logistics’ Q3 Logistics Confidence Index finds these key highlights:
- Anticipated revenue maintained a positive trend, decreasing by only 4% across all shippers surveyed.
- Inventory levels measured highest at neutral and therefore are not expected to expand or contract for Q3.
- Order volume (sentiment) increased by 5%. That suggests order volumes must be increased to maintain the same levels of projected revenue.
- Consensus data underscores the shift from modest growth in the previous quarter to relatively stagnant or neutral growth in the current quarter.