Materials handling: CEMA report says booked orders were down in August, but shipments were up


October 14, 2010 - LM Editorial

By Lorie King Rogers, Associate Editor

In its latest monthly report, the Conveyor Equipment Manufacturers Association (CEMA) reported that its August 2010 Booked Orders Index was 126. Index in August is down 5 points or 4% from July 2010’s Index of 131. The August 2010 Index represents an increase of 25% from the August 2009 Index of 101.

CEMA’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.  Figures above 100 indicate growth; while anything less indicates a contraction in the industry.

The Twelve-Month Index for Booked Orders was 123 in August. Index in August represents an increase of 3% from July 2010’s Twelve-Month Index of 120.
The CEMA Billed Sales (shipments) Index was 161 in August. Index in August represents an increase of 13% from July 2010’s Index of 142. The August 2010 Index represents an increase of 55% from the August 2009 Index of 104.

The Twelve-Month Index for Billed Sales was 118 in August. Index in August represents an increase of 4% from July 2010’s Twelve-Month Index of 113.

While the booked orders were down slightly in August for the second consecutive month, shipments posted a solid increase.  What does this say about the current state of the conveyor industry?  In an interview with Modern, Bob Reinfried, CEMA’s executive vice president, said, that the word throughout the industry is that there was a little slow down at the end of summer, but the hope is that things will pick up. 

“Overall,” said Reinfried, “our bookings are better than billed sales for the year and shipments are up again this month, so this report may be an indication that there’s a bit of catching up on shipments side and bookings will remain steady.”

Comparing 2010 to 2009, Reinfried said the first eight months of 2010 are up quite a bit over last year and he still thinks it’s going to be a good year for the North American conveyor industry this year.  “I think we’re tracking right along with our forecast of 2% to 10% annual growth for the industry,” Reinfried said.



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!

Recent Entries

While it feels somewhat hard to fathom, the stage is set for the Council of Supply Chain Management Professionals (CSCMP) Annual Conference in San Antonio, Texas.

Carload volumes were up 1.4 percent at 300,388, and intermodal volume for the week ending September 13 was up 5 percent at 279,052 trailers and containers.

Company says the Cloud offering allows customers to respond more quickly to new business opportunities, without significant upfront cost and implementation times.

As e-commerce continues to take a bigger piece of the holiday package delivery pie, it stands to reason that companies need to be proactive and prepared in order to deliver premium service during the busiest time of year, which is rapidly approaching. And that is exactly what transportation giants UPS and FedEx are doing this year. How are they doing it exactly? The primary step they are taking is to up their numbers of seasonal staffers.

A recent hearing of the Subcommittee on Coast Guard and Maritime Transportation suggests that the U.S. Merchant Marine industry may be poised for a major comeback.

Article Topics

News · Conveyors · Materials Handling · CEMA · All topics

About the Author

Jeff Berman, News Editor
Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. Contact Jeff Berman.

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA