By the Numbers
Boeing CEO Message and Third Quarter Results
AJOT | October 23, 2024 | Air Cargo | General | By The Numbers
The Boeing Company recorded third-quarter revenue of $17.8 billion, GAAP loss per share of ($9.97) and core loss per share (non-GAAP)* of ($10.44) (Table 1) primarily reflecting impacts of the IAM work stoppage and previously announced charges on commercial and defense programs. Boeing reported an operating cash flow of ($1.3) billion and a free cash flow of ($2.0) billion (non-GAAP)*.
Old Dominion Freight Line Reports Third Quarter Earnings Per Diluted Share of $1.43 2024
AJOT | October 23, 2024 | Trucking | By The Numbers
Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced financial results for the three-month and nine-month periods that ended September 30, 2024. All prior-period share and per-share data in this release have been adjusted to reflect the Company's March 2024 two-for-one stock split.
Port of Rotterdam: Container throughput is the strongest climber in third quarter of 2024
AJOT | October 23, 2024 | Ports & Terminals | Ports | By The Numbers
The throughput in the port of Rotterdam decreased by 0.4% in the first three quarters of this year. The total throughput therefore equaled 328.6 million tonnes compared to 329.9 million tonnes in the same period of the previous year. However, the Rotterdam container sector saw growth: there was an increase in terms of weight (3.0%) and containers (2.2%). Iron ore and scrap also increased by 2.3 million tonnes (11.1%). The decline in total throughput is mainly due to a lower throughput of coal and crude oil.
Norfolk Southern reports strong third quarter 2024 results
AJOT | October 22, 2024 | Intermodal | Rail | By The Numbers
Norfolk Southern Corporation (NYSE: NSC) announced Tuesday its third quarter 2024 financial results. For the quarter, income from railway operations was $1.6 billion, the operating ratio was 47.7%, and diluted earnings per share were $4.85.
Cathay Pacific releases traffic figures for September 2024
AJOT | October 22, 2024 | Air Cargo | General | By The Numbers
Cathay Pacific today released its traffic figures for September 2024. In the first nine months of 2024, Cathay Pacific and HK Express together surpassed the 20 million mark for passengers carried, having carried a combined total of over 21 million passengers during the period.
worldsteel Association: September 2024 crude steel production
AJOT | October 22, 2024 | International Trade | Commodity | By The Numbers
World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 143.6 million tonnes (Mt) in September 2024, a 4.7% decrease compared to September 2023.
WorldACD Weekly Air Cargo Trends (week 41) - 2024
AJOT | October 21, 2024 | Air Cargo | General | By The Numbers
Worldwide and Asia Pacific air cargo tonnages have only partially recovered from the effects of China’s Golden Week holiday in early October, according to the latest weekly figures and analysis from WorldACD Market Data, with traffic from China to the USA showing little sign of rebounding at all in the first week since the major Chinese holiday.
WorldACD Air Cargo Trends: September 2024
AJOT | October 21, 2024 | Air Cargo | General | By The Numbers
Europe and Americas record air cargo sales declines in 2024, while Asia, Middle East and Africa see strong growth
Women In Trucking Association releases 2024-25 WIT Index Data
AJOT | October 21, 2024 | Trucking | By The Numbers
From August 2023 through April 2024, WIT conducted a survey of organizations of all sizes in transportation to gather percentages of women in their workforce. The respondents were asked to report data that included demographics, the status of the company’s diversity and inclusion policy, and percentages of females in various roles within the company.
Port of Long Beach: Gene Seroka announces historic third quarter
AJOT | October 21, 2024 | Ports & Terminals | Ports | By The Numbers
The Port of Los Angeles handled a record 954,706 Twenty-Foot Equivalent Units (TEUs) in September, a 27% increase over the previous year. It marked the close of the busiest quarter ever at the Port, which processed 2,854,904 TEUs in the last three months.
DAT: September ‘firmly into a new truckload freight cycle’
AJOT | October 18, 2024 | Trucking | By The Numbers
DAT Freight & Analytics, which operates the DAT One freight marketplace and DAT iQ data analytics service, said truckload freight volumes and rates in September signaled that the usual cyclical demand for truckload capacity is on the upswing.
Port of Oakland container volume continues to grow anticipating strong 4th quarter
AJOT | October 14, 2024 | Ports & Terminals | Ports | By The Numbers
The Port of Oakland is the preferred export gateway for much of California’s agricultural products, due in part to its proximity to the Central Valley farming region. The Port ranks number one by TEU volume in refrigerated export trade among United States ports.
worldsteel Short Range Outlook October 2024
AJOT | October 14, 2024 | International Trade | By The Numbers
worldsteel forecasts that this year global steel demand will drop further by 0.9% to 1,751 Mt. After three years of decline, we expect to see a broad-based recovery in the world excluding China in 2025. Global steel demand is forecast to finally rebound by 1.2% in 2025 to reach 1,772 Mt.
Fraport Traffic Figures – September 2024: Continued Growth for Passenger Numbers and Cargo Volumes
AJOT | October 14, 2024 | Air Cargo | General | By The Numbers
Frankfurt Airport welcomes 5.8 million passengers in September / Growth of 4.9 percent compared to the first nine months of 2023 / A total of 19.4 million passengers in September...
WorldACD Weekly Air Cargo Trends (week 39) - 2024
AJOT | October 07, 2024 | Air Cargo | General | By The Numbers
Rates and demand rise further in September as strong peak looms
Tanker - Weekly Market Monitor Week 40 - 2024
AJOT | October 04, 2024 | Maritime | By The Numbers
This week’s chart highlights a notable decline in the quarterly vessel count for dirty tanker transits through the Red Sea, underscoring growing concerns over the region’s shipping activity.
WorldACD Weekly Air Cargo Trends (week 38) - 2024
AJOT | September 30, 2024 | Air Cargo | General | By The Numbers
Autumn festivals cause mid-September dip in tonnages from Asia Pacific
Air Travel Consumer Report: July 2024 Numbers
AJOT | September 27, 2024 | Air Cargo | General | By The Numbers
The U.S. Department of Transportation (DOT) today released its Air Travel Consumer Report (ATCR) on airline operational data compiled for July 2024 for on-time performance, mishandled baggage, and mishandled wheelchairs and scooters. The ATCR is designed to assist consumers with information on the quality of services provided by airlines...
US Airlines gain $3.8 billion in second quarter 2024, a decrease from second quarter 2023
AJOT | September 20, 2024 | Air Cargo | General | By The Numbers
U.S. airline financial reports are filed quarterly with the Bureau of Transportation Statistics (BTS). See the tables that accompany this release on the BTS website for additional second-quarter (Tables 1-6) financial results.
FTR’s Trucking Conditions Index falls in July but improvement lies ahead
AJOT | September 20, 2024 | Trucking | By The Numbers
FTR’s Trucking Conditions Index for July fell to a -5.59 reading from +0.95 in June as freight rates were the least favorable for trucking companies since April and most other factors were weaker than they had been in June...
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