By the Numbers
ATA Truck Tonnage Index fell 0.3% in October
AJOT | November 20, 2019 | Intermodal | Trucking | By The Numbers
American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index declined 0.3% in October after rising 1% in September. In October, the index equaled 118.1 (2015=100) compared with 118.5 in September.
September 2019 North American transborder freight numbers
AJOT | November 20, 2019 | Intermodal | By The Numbers
Transborder freight between the U.S. and other North American countries (Canada and Mexico) in September 2019
Petrobras set to become world’s largest oil producer
AJOT | November 19, 2019 | Energy | By The Numbers
Brazil’s Petrobras is on track to become the world’s largest oil producer among publicly listed companies by 2030, based on Rystad Energy’s latest data and forecasts.
Freight volumes build ahead of Thanksgiving
AJOT | November 19, 2019 | Intermodal | Trucking | By The Numbers
Van and reefer load-to-truck ratios got a big boost last week, rising more than 20%. Vans are moving retail products in preparation for Black Friday and reefers are hauling fresh food ahead of Thanksgiving. Rates, however, have remained fairly stable. Van and reefer rates saw a slight increase, while flatbed rates declined. For more info, read the Rate Trend of the Week. The charts below show the national average rates for the month to date, including fuel surcharges.
Majors’ global selling spree could fetch $27 billion
AJOT | November 18, 2019 | Energy | By The Numbers
Global giants of the oil and gas industry – the so-called supermajors – are looking to sell assets that could fetch a total $27.5 billion, according to Rystad Energy’s latest assessment.
A merger of Saipem and Subsea 7 would create a subsea giant
AJOT | November 15, 2019 | Energy | By The Numbers
Such a merger would create the fourth-largest oilfield service company, after Schlumberger, Halliburton and Baker Hughes.
Coming up for air
AJOT | November 11, 2019 | Maritime | Liner Shipping | By The Numbers
The container spot freight market rebounds amid a growing number of idle ships and new bunker surcharges.
Second-best October for Long Beach cargo
AJOT | November 11, 2019 | Ports & Terminals | Ports | By The Numbers
Although tariffs continued to impact cargo volumes, the Port of Long Beach last month had the second-busiest October in its 108-year history.
Drewry World Container Index Nov 7th
AJOT | November 07, 2019 | Maritime | Liner Shipping | By The Numbers
The World Container Index assessed by Drewry, a composite of container freight rates on 8 major routes to/from the US, Europe and Asia is up by 3% to $1,447.82 per 40ft container (updated Thursday, 7 November 2019). Two-year spot freight rate trend for the World Container Index:
Rates improve as holiday freight starts to move
AJOT | November 05, 2019 | Intermodal | Trucking | By The Numbers
Oct 28 - Nov 3 - More loads left the West Coast ports, heading toward retail distribution centers in advance of the holiday shopping season. The additional volume shored up van rates at the end of the month. Volume rose for reefers and flatbeds, as well, driving up load-to-truck ratios in major markets across the country. For more info, read the Rate Trend of the Week.
Permian gas flaring reaches yet another high
AJOT | November 05, 2019 | Energy | By The Numbers
Flaring and venting of natural gas in the Permian Basin in Texas and New Mexico reached a new all-time high in the third quarter of 2019, averaging more than 750 million cubic feet per day (MMcfd), according to a preliminary analysis conducted by Rystad Energy.
Intermodal downturn continues in Q3
AJOT | November 01, 2019 | Intermodal | By The Numbers
Total intermodal volumes dropped 3.7 percent year-over-year in the third quarter of 2019, according to the Intermodal Association of North America's Intermodal Market Trends & Statistics report. International shipments nudged down 0.8 percent from 2018, while domestic containers and trailers fell 4.9 percent and 17.6 percent, respectively.
EIA projects that natural gas consumption in Asia will continue to outpace supply
AJOT | October 28, 2019 | Energy | By The Numbers
According to the U.S. Energy Information Administration’s (EIA) latest International Energy Outlook 2019 (IEO2019) Reference case, future growth in natural gas consumption is concentrated in developing nations—those outside of the Organization for Economic Cooperation and Development (OECD)—especially in non-OECD Asian countries.
China adds incentives for domestic natural gas production as imports increase
AJOT | October 23, 2019 | Energy | By The Numbers
Rapid growth in China’s natural gas consumption has outpaced growth in its domestic natural gas production in recent years.
ATA Truck Tonnage Index rose 0.2% in September
AJOT | October 23, 2019 | Intermodal | Trucking | By The Numbers
American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 0.2% in September after falling 4% in August.
S.C. Ports makes a $63.4 billion annual economic impact on S.C.
AJOT | October 23, 2019 | Ports & Terminals | Ports | By The Numbers
South Carolina Ports Authority has long been a powerful economic engine for South Carolina, and as container volumes have doubled over the past decade, the Port’s positive economic impact on the state has significantly increased.
The United States now exports crude oil to more destinations than it imports from
AJOT | October 22, 2019 | Energy | By The Numbers
As U.S. crude oil export volumes have increased to an average of 2.8 million barrels per day (b/d) in the first seven months of 2019, the number of destinations (which includes countries, territories, autonomous regions, and other administrative regions) that receive U.S. exports has also increased.
Report finds $1.1 trillion in energy savings due to U.S. natural gas production
AJOT | October 22, 2019 | Energy | By The Numbers
Natural gas end-users, which include American households, businesses, manufacturers, and power generators, have realized $1.1 trillion in savings since 2008 as a result of increased natural gas production in the Shale Crescent USA region (Ohio, Pennsylvania and West Virginia), according to a new economic analysis released this week.
FTR reports a rebound in trailer orders in September
AJOT | October 21, 2019 | Intermodal | Trucking | By The Numbers
Trailer order activity rebounded from the recent doldrums as some fleets began placing orders for 2020.
Global energy consumption driven by more electricity in residential, commercial buildings
AJOT | October 21, 2019 | Energy | By The Numbers
Energy used in the buildings sector—which includes residential and commercial structures—accounted for 20% of global delivered energy consumption in 2018.
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