Shippers report increased confidence about prospectsPost by David Elliott on 27th April 2012 in Industry news, Shipping Confidence among transport and logistics operators is expected to return to a positive balance in the second half of this year. The projection was made by the compilers of the quarterly Stifel Nicolaus Logistics Confidence Index, published yesterday. On the basis of their current volumes, the confidence index of air freight forwarders rose from 42.2 in March to 44.7 this month, in an index where a score of 50.1 or higher represents a majority of respondents expressing positive sentiments about their future outlook. On the same scale, optimism about prospects for the participants' own companies was higher than in the previous month, at 60.0 from 58.7. There was also a steady rise in sea freight shippers' sentiment, which extended to all European trade routes. From a reading of 43.8 in March, it hit 46.0 this month. The proportion expressing confidence about the six-month picture was almost identical to that among air carriers, at 59.9, an increase of 2.7 percentage points in the past month.
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