AJOT | December 16, 2024 | Air Cargo | General | By The Numbers
Global air cargo average spot rates rose by a further +4% in the first full week of December to a 2024 high of US$3.30 per kilo, driven by a +8% surge from Asia Pacific origins, as the sector’s strong but relatively stable fourth-quarter (Q4) peak season approaches its zenith.
AJOT | December 12, 2024 | Air Cargo | General | By The Numbers
U.S. airlines carried 77.5 million systemwide (domestic and international) scheduled service passengers in September 2024, according to the Bureau of Transportation Statistics (BTS). When adjusted for seasonality, September enplanements are down 0.4% from August and down 1.7% from the all-time high reached in June 2024.
AJOT | December 12, 2024 | Air Cargo | General | By The Numbers
IBA expects that the aviation industry will face a balancing act in 2025 as it navigates a complex global landscape shaped by modest economic growth, easing production bottlenecks, and rising operational costs. Global GDP is projected to grow at 3-3.2%, with advanced economies at 1.8% and emerging markets like India and China leading at 6.5% and 4.5%, respectively.
AJOT | December 12, 2024 | Air Cargo | General | By The Numbers
Cargo throughput in Frankfurt grew by 2.4 percent year-on-year to 178,355 metric tons in the month under review. In contrast, the number of aircraft movements decreased by 1.4 percent to 34,828 takeoffs and landings. Total maximum takeoff weights (or MTOWs) dropped by 0.6 percent to approximately 2.2 million metric tons.
AJOT | December 11, 2024 | Intermodal | Rail | By The Numbers
Total carloads for the week ending December 7 were 224,899 carloads, down 1.8 percent compared with the same week in 2023, while U.S. weekly intermodal volume was 295,995 containers and trailers, up 9.7 percent compared to 2023.
AJOT | December 11, 2024 | Trucking | By The Numbers
The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, rose 0.2% in October from September, rising after a one-month decline, according to the U.S. Department of Transportation Bureau of Transportation Statistics (BTS). From October 2023 to October 2024, the index rose 0.7% (Tables 1, 2, and 2A).
AJOT | December 11, 2024 | Ports & Terminals | Ports | By The Numbers
Cargo a Big Jobs GeneratorThe statewide economic value of cargo operations at public and private marine terminals on Galveston Harbor totaled $6.5 billion in 2023. These operations generated 19,000 Texas jobs, $1.6 billion in personal income, $5.5 billion in business revenue and output, $210 million in local purchases, and $123 million in state and local taxes.
AJOT | December 11, 2024 | International Trade | By The Numbers
Landstar System, Inc. (NASDAQ-LSTR), a technology-enabled, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation logistics services, announced that on December 9, 2024, its Boar
AJOT | December 09, 2024 | Air Cargo | General | By The Numbers
Rates rise to a 2024 high in November, despite dip in tonnages...
AJOT | December 09, 2024 | International Trade | By The Numbers
Shareholders have been able to elect to receive their dividends in US dollars, euros or pounds sterling. Holders of ordinary shares who have validly submitted US dollars, euros or pounds sterling currency elections by November 29, 2024 will be entitled to a dividend of US$0.344, €0.3262 or 27.03p per ordinary share, respectively.
AJOT | December 06, 2024 | International Trade | By The Numbers
California’s export trade recorded a strong 5.3% annual gain in the latest numbers, causing the state's share of the nation's export trade to shoot up to 9.3%. Equally remarkable was that exports from Texas fell 6.9% year-over-year while overseas shipments from Florida declined by 4.2%. U.S. exports overall slipped by 0.7%.
AJOT | November 25, 2024 | Maritime | Breakbulk News | By The Numbers
Despite the expectation that 2024 break bulk volumes will be lower than 2023, Washington state ports have a positive outlook for break bulk in the next few years.
AJOT | November 25, 2024 | Air Cargo | General | By The Numbers
A sharp rise in air cargo spot rates from Europe origins, particularly to the Americas, has helped to further drive up average worldwide spot prices in the second full week of November, with rates to Brazil rising...
AJOT | November 20, 2024 | Intermodal | Rail | By The Numbers
For this week, total U.S. weekly rail traffic was 516,886 carloads and intermodal units, up 3.2 percent compared with the same week last year.
AJOT | November 20, 2024 | Trucking | By The Numbers
FTR’s Trucking Conditions Index declined in September to -2.47 from -1.39 in August as weakness in the principal freight dynamics – freight rates, utilization, and volume – offset lower fuel costs and slightly less unfavorable financing costs.
AJOT | November 20, 2024 | Maritime | By The Numbers
ZIM Integrated Shipping Services Ltd. (NYSE: ZIM), (“ZIM” or the “Company”) a global container liner shipping company, announced today its consolidated results for the three and nine months ended September 30, 2024.
AJOT | November 19, 2024 | By The Numbers
VesselBot, a pioneer company in supply chain sustainability technology, today released a new report titled “Optimizing Supply Chain Networks: VesselBot's Precise Analytics in Action.” The study, analyzing over 126,500 shipments in USA, reveals significant opportunities for emissions reduction and cost savings in supply chain operations.
AJOT | November 12, 2024 | Air Cargo | General | By The Numbers
Rising air cargo rates from Asia Pacific and Europe helped to raise average worldwide prices in the first week of the airline sector’s (northern) winter 2024-25 timetable from 27 October, according to the latest weekly figures and analysis from WorldACD Market Data.
AJOT | November 08, 2024 | Maritime | By The Numbers
Sector heading for record-breaking year fueled by high charter rates and post-covid container boom
AJOT | November 04, 2024 | Air Cargo | General | By The Numbers
Average worldwide air cargo spot rates rose by a further +5% in the last full week of October, thanks to week-on-week (WoW) increases in spot prices from Asia Pacific (+3%), Europe (+7%), and Central & South America (CSA, +8%), while global tonnages remained broadly flat, WoW, at around +4% above last year’s levels, according to the latest weekly figures and analysis from WorldACD Market Data.
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