Trade and Transportation by the Numbers

Oil down on Saudi price trimming - Rystad

AJOT | September 07, 2021 | Energy News | Conventional | By The Numbers

It’s no surprise that oil prices took a hit today as the market got a clear price direction from one of the industry’s pricing leaders, Saudi Aramco.

WorldACD: Trends for the past 5 weeks (wk 34)

AJOT | September 07, 2021 | Air Cargo News | Freighters | By The Numbers

In week 34, worldwide volume increased by +1% compared with the previous week. Worldwide capacity also increased by +1% week-over-week.

Pre-Labor Day retail gasoline prices at highest level since 2014

AJOT | September 03, 2021 | Energy News | Conventional | By The Numbers

On August 30, 2021, the Monday before Labor Day weekend, the U.S. retail price of regular gasoline averaged $3.15 per gallon (gal), an increase of 92 cents/gal (42%) compared with the same time in 2020, according to our Gasoline and Diesel Fuel Update. Pre-Labor Day gasoline prices have increased to their highest levels since 2014.

Oil inches up on positive market sentiment - Rystad

AJOT | September 03, 2021 | Energy News | Conventional | By The Numbers

As the main market movers of the week are already behind us, Friday is not a day that is expected to move prices much.

Port of Auckland: A tough year, impacted by COVID, safety issues

AJOT | September 03, 2021 | Ports & Terminals | Ports | By The Numbers

Ports of Auckland released its results for the 2020/21 financial year

U.S. goods-trade gap shrinks as imports fall from record high

Bloomberg | August 27, 2021 | International Trade | By The Numbers

The U.S. merchandise-trade deficit narrowed to the smallest in three months in July as imports fell from the highest on record.

WorldACD: Trends for the past 5 weeks (wk 33)

AJOT | August 27, 2021 | Air Cargo News | Freighters | By The Numbers

WorldACD's latest views on air cargo market developments, covering each of the last 5 weeks up till Sunday 22 August.

68% of U.S. coal fleet retirements since 2011 were plants fueled by bituminous coal

AJOT | August 27, 2021 | Energy News | Conventional | By The Numbers

In 2011, the United States had 317.6 gigawatts (GW) of coal-fired electric generation capacity. About 88.7 GW of that capacity was retired in the decade that followed. Units fired by bituminous coal accounted for the largest share of retired capacity, at 68%.

Fitch rates Cheniere Corpus Christi Holdings, LLC’s notes ‘BBB-’; Outlook stable

AJOT | August 27, 2021 | Energy News | Conventional | By The Numbers

Fitch Ratings has assigned a final rating of 'BBB-' to Cheniere Corpus Christi Holdings, LLC's (CCH) $750,000,000 2039 series notes. The Rating Outlook is Stable.

USTR announces fiscal year 2021 allocation of additional tariff-rate quota volume for raw cane sugar

AJOT | August 27, 2021 | International Trade | Commodity | By The Numbers

The Office of the U.S. Trade Representative today announced country-specific in-quota additional allocations under the tariff-rate quota (TRQ) on imported raw cane sugar for Fiscal Year (FY) 2021 (October 1, 2020 through September 30, 2021).

China ports container volume rises 11.3% from January to July 2021, Ningbo Containerized Freight Index rises in August

AJOT | August 27, 2021 | Ports & Terminals | Ports | By The Numbers

From January to July 2021, the cargo volume of China ports was 8911.1million tons, a year-on-year increase of 11.3%

Record cargo movements at L.A. and Long Beach ports threatened by worsening inland congestion

AJOT | August 27, 2021 | Logistics | By The Numbers

Land rail and road capacity are also at max capacity, slowing the rate of container movement through ports while Chinese COVID could still disrupt peak holiday shopping season

Great Lakes-St. Lawrence Seaway System continues to be strong supply chain for wind energy

Ports of Erie, Burns Harbor, and Duluth see wind energy cargo on eight ships from five countries

EIA: OPEC petroleum production forecast revised down for 2021

AJOT | August 18, 2021 | Energy News | Conventional | By The Numbers

The change is driven mostly by forecast changes to petroleum production from OPEC and Russia as a result of the most recent OPEC+ agreement.

ZIM reports record financial results for the second quarter of 2021

AJOT | August 18, 2021 | Maritime News | Liner Shipping | By The Numbers

Generates highest ever quarterly net income of $888 million and adjusted EBITDA of $1.34 billion

Halifax Port Authority outlook revised to Positive from Stable by S&P Global Ratings; Credit rating of ‘A+’ affirmed

AJOT | August 18, 2021 | Ports & Terminals | Ports | By The Numbers

S&P Global Ratings revised HPA’s Outlook to Positive from Stable and affirmed HPA’s investment-grade credit rating of A+.

Terminal Operations at Ningbo-Zhoushan may Partially Resume after no new COVID cases detected

AJOT | August 17, 2021 | Ports & Terminals | Ports | By The Numbers

Operations at Ningbo Meishan port terminal were suspended on August 11th, 2021, after a single case of COVID-19 was reported among the Ningbo Meidong Container Terminal staff.

U.S. Airlines June 2021 Passengers Increased 304% from June 2020 but Still Declined 21% from Pre-Pandemic June 2019 (Preliminary)

AJOT | August 17, 2021 | Air Cargo News | Airlines | By The Numbers

U.S. airlines carried 304% more scheduled service passengers in June 2021 than in June 2020 (preliminary), according to data filed with the Bureau of Transportation Statistics (BTS) by 21 airlines that carry more than 90% of passengers.

Port of Virginia moves ahead on infrastructure projects while handling record volumes in July