National Logistics and Distribution Index Hits a Healthy 51
Oct. 31, 2013
The University of Louisville and Oklahoma State University National Logistics and Distribution (LoDI) Index for November is 51. Although this shows a slight decrease in the index from last month, it is the highest November value since 2009 which shows that the industry has maintained a certain level of growth over the last few years.
The LoDI Index uses linear regression analysis to combine cargo volume data from rail, barge, air and truck transit, along with various economic factors. The resulting indicator is designed to predict upcoming changes in the level of logistics and distribution activity in the U.S. and is represented by a value between 1 and 100. An index at or above 50 represents a healthy level of activity in the industry
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