Shipping imports slipping while companies are ‘burning off’ inventories
A measure of logistics-sector activity, the Logistics Managers Index, reached the lowest level in the history of the survey.
The Logistics Managers Index is a leading indicator that Professor of Logistics and Supply Chain Management Dale Rogers started with faculty from other universities such as Colorado State University, Rutgers University, University of Nevada, and Rochester Institute of Technology.
In this article published Nov. 6, 2019, in The Wall Street Journal:
A measure of logistics-sector activity, the Logistics Managers Index, slowed last month to the lowest level in the three years of the survey, although it still showed business activity increasing. 'Inventory seems to be growing more slowly than we would normally anticipate for this time of the year as firms prepare for the holiday shopping season,' the report said.
– Dale Rogers, professor of logistics and supply chain management
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