Trade and Transportation by the Numbers

New record in Zeebrugge: Maiden call OOCL United Kingdom

AJOT | May 22, 2019 | Ports & Terminals | Ports | By The Numbers

With the maiden call of ms OOCL United Kingdom at Cosco Shipping Ports Terminal Zeebrugge in the early morning of May 18, a new record was set in the port of Zeebrugge.

Con Edison limits natural gas service due to pipeline constraints into New York City area

AJOT | May 22, 2019 | Energy | By The Numbers

In January 2019, Consolidated Edison, Inc., (Con Edison)—the largest utility provider in the New York City area, serving 10 million customers—announced a moratorium on new natural gas connections in most of Westchester County, effective March 16.

Offshore field sanctioning nears peak

AJOT | May 22, 2019 | Energy | By The Numbers

The annual growth rate in the global offshore oilfield services market will likely be halved after 2022, according to Rystad Energy.

ATA Truck Tonnage Index Jumped 7.4% in April

AJOT | May 21, 2019 | Intermodal | Trucking | By The Numbers

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index surged 7.4% in April after decreasing 2% in March. In April, the index equaled 121.8 (2015=100) compared with 113.4 in March.

FIS Air Freight Report May 21, 2019

AJOT | May 21, 2019 | By The Numbers

Reacting in line with the tariff-driven boost to Asia-US prices last week, prices this week into the US have retracted to base levels reflecting a settling of the market. Interestingly there is a convergence between annual contract rates and the spot market, diminishing the benefit of fixed annual BSAs.

Memorial Day Weekend Cargo Theft Trends Infographic and Security Tips

AJOT | May 21, 2019 | Logistics | By The Numbers

Holiday periods are known for increased risk of cargo theft because cargo thieves look to exploit an abundance of unattended trucks and closed warehouse facilities.

US shale on track to 16% oil growth in 2019

AJOT | May 21, 2019 | Energy | By The Numbers

US shale operators are on course to increase oil production significantly in 2019. The growth in US onshore production from the first quarter through the fourth quarter could come in at around 1.1-1.2 million barrels per day (bpd), or 16% for the full year, according to Rystad Energy.

Venezuelan crude oil production falls to lowest level since January 2003

AJOT | May 20, 2019 | Energy | By The Numbers

In April 2019, Venezuela's crude oil production averaged 830,000 barrels per day (b/d), down from 1.2 million b/d at the beginning of the year, according to EIA’s May 2019 Short-Term Energy Outlook.

FTR Reports April Preliminary Trailer Orders Remain Subdued as OEM’s Fill Order Boards for 2019

AJOT | May 20, 2019 | Intermodal | Trucking | By The Numbers

FTR reports preliminary trailer orders for April 2019 remained subdued for the second consecutive month coming in at 13,200 units, which is 40% below the same month in 2018.

Coal stockpiles at U.S. coal power plants were at their lowest point in over a decade

AJOT | May 17, 2019 | Energy | By The Numbers

U.S. coal stockpiles decreased to 98.7 million tons in February 2019, their lowest value in more than a decade. Total U.S. coal stockpiles have fallen as more coal plants have retired.

FIS Air Freight Report May 14, 2019

AJOT | May 14, 2019 | By The Numbers

A spike in recorded air freight prices from Asia to US immediately following tariff increases, reflects a quicker-than-expected reaction by the market to escalated trade tensions.

Oil price risks rise to precarious levels

AJOT | May 13, 2019 | Energy | By The Numbers

Supply disruptions in the Middle East on top of an already tight crude market could send oil prices violently upward, according to Rystad Energy.

2018 was likely the most profitable year for U.S. oil producers since 2013

AJOT | May 10, 2019 | Energy | By The Numbers

Net income for 43 U.S. oil producers totaled $28 billion in 2018, a five-year high. Based on net income, 2018 was the most profitable year for these U.S. oil producers since 2013, despite crude oil prices that were lower in 2018 than in 2013 on an annual average basis.