The LoDI Index

National LoDI Index

Greater Louisville LoDI Index

The National LoDI Index for December remains at 58. All of the traffic volumes in recent months have minor fluctuations; though crude oil price has increased slightly, the index value keeps the same. The value for December 2017 remains the highest index value for the year, and is also the highest value seen for the month of December in recent years.
The Louisville LoDI Index for December 2017 is 68, which is a slight decrease from November’s index value. The river traffic volume in the Great Louisville Area has dropped in recent months, which combined with increasing crude oil prices in Kentucky, made the index value decrease. This index value is the is the highest value for the month of December in recent years.

The LoDI Index was developed at the Logistics and Distribution Institute (LoDI) at the University of Louisville and launched in early 2012. The index comes in two varieties; one specific to the Greater Louisville area, and another pertaining to the United States as a whole. Each index has the same purpose for its target area; to predict the level of logistics and distribution activity for the upcoming month. As a predictive indicator, the LoDI index can help organizations related to the field of logistics and distribution in making educated decisions related to projects, expenditures, and other associated activities, ahead of the curve.

The index utilizes regression analysis forecasting techniques. Multiple factors relating to the field are incorporated into the index’s calculations. Data includes factors relating to four main methods of transit: air, trucking, railway, and barge; as well as other economic factors. The indices are reported as a number between 1 and 100. The higher the index value, the higher the level of predicted activity. An index of 50 represents a level of activity equivalent to the established base year levels.

Future research is planned to incorporate additional indices related to the field of logistics and distribution into the LoDI Index family. Updates to the original Greater Louisville index have recently be completed in an effort to maintain as much predictive power as possible. Stay tuned for our upcoming work!

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