Conveyor industry: CEMA report says booked orders jumped 27% in June

The Conveyor Equipment Manufacturers Association monthly report show booked orders in June 2010 were up 27% over May 2010 and up 53% over the same time period last year

By ·

In its latest monthly report, the Conveyor Equipment Manufacturers Association (CEMA) reported that its June 2010 Booked Orders Index was 167. That index in June is up 36 points or 27% from May 2010’s index of 131 (1990=100). The June 2010 index represents an increase of 53% from the June 2009 index of 109.

The organization’s baseline calculation uses the year 1990 as a comparison.  Numbers to the right of the equation show the current state of the conveyor industry as compared to 1990.  Therefore, anything above 100 indicates growth, while anything less indicates a contraction in the industry.

Does this mean that the conveyor industry is out of the economic woods and on a steady incline? In an interview with Modern, Bob Reinfried, CEMA’s executive vice president, said he was very pleased with the recent report, and cautiously optimistic about the future. “Obviously [these numbers] show a great improvement,” he said, “but I don’t have a good feel for lies ahead of us right now.”

While Reinfried admitted CEMA saw good numbers in June, he also explained that it’s too early to tell if we should expect the numbers to continue to climb.

The 12-month Index for Booked Orders was 117 in June. The index in June represents an increase of 4% from May 2010’s 12-month index of 112.

The CEMA Billed Sales (shipments) index was 134 in June. The index in June represents an increase of 14% from May 2010’s Index of 117. The June 2010 index represents an increase of 10% from the June 2009 index of 122.

The 12-month Index for Billed Sales was 111 in June. That index in June represents an increase of 1% from May 2010’s 12-month index of 110.

Like the temporary census workers skewing the national employment figures, was there something happening in the conveyor industry that caused the June spike?  Reinfried says it’s too early to tell.

“Next month will tell us whether this is a trend or whether there was something that caused a bump in the numbers,” said Reinfried. 

Not only will the organization have another set of monthly numbers on hand, but CEMA will host its Fall Meeting and hear reports from each member company.  Reinfried believes these reports will give a better sense of whether or not the industry is experiencing true growth. 

Last month Reinfried told Modern that CEMA is forecasting an increase of 2% to 3% for the overall North American conveyor market in 2010.  This month’s report certainly supports an increase.  Next month’s reports will add clarity.

CEMA’s Fall Meeting is in Chicago in September.


Subscribe to Logistics Management Magazine!

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!

Article Topics

All Topics
Latest Whitepaper
Private Fleet vs. Dedicated: Which one is right for you?
Having the right fleet for your business can give you an advantage over the competition and lower transportation costs.
Download Today!
From the April 2017 Issue
While adoption rates have remained relatively flat, yard management systems (YMS) are helping logistics operations turn that important space between the loading dock and the gate into a vital link in the supply chain.
Information Management: Wearables come in for a refit
2017 Air Cargo Roundtable: Positive Outlook Driven by New Demand
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
Maximize Your LTL Driver Adherence with Real-time Feedback
This webinar shows how companies are using real-time performance data to optimize the scheduling of their city fleets, as well as the routing of their standard, accelerated and time-critical shipments.
Register Today!
EDITORS' PICKS
2017 Salary Survey: Fresh Voices Express Optimism
Our “33rd Annual Salary Survey” reflects more diversity entering the logistics management...
LM Exclusive: Major Modes Join E-commerce Mix
While last mile carriers receive much of the attention, the traditional modal heavyweights are in...

ASEAN Logistics: Building Collectively
While most of the world withdraws inward, Southeast Asia is practicing effective cooperation between...
2017 Rate Outlook: Will the pieces fall into place?
Trade and transport analysts see a turnaround in last year’s negative market outlook, but as...