Long-awaited US inventory drawdown spotted
Industry analysts say strong truck and steady intermodal traffic in May suggest US retailers are finally drawing down their inventories after two years of a higher-than-average inventory-to-sales ratio, a welcome sign for container lines to trucking companies but a warning that breakneck warehousing demand may slow.
While May’s inventory-to-sales ratio, the…
Long-awaited US inventory drawdown spotted
Journal of Commerce