By the Numbers
China tariffs failed to rejuvenate US solar PV makers as imports set for new records by the end of 2021 - Rystad Energy
AJOT | December 10, 2021 | Energy | Alternative | By The Numbers
Although the tariffs have indeed decimated direct shipments from China, they have been unsuccessful in decreasing overall US dependency on imports, which are set to hit a new annual record in 2021.
The Brent crude oil price decline on November 26 was among the largest in years
AJOT | December 10, 2021 | Energy | Conventional | By The Numbers
The front-month futures price for Brent crude oil decreased by $9.50 per barrel, or nearly 12%, on November 26 after the World Health Organization designated the SARS-CoV-2 Omicron variant as a variant of concern. Daily Brent crude oil prices have fallen by at least 10% on only 8 days since 2000.
Historically tight vacancies, steeply rising rents likely to induce sticker shock for U.S. warehouse users
AJOT | December 06, 2021 | Logistics | By The Numbers
Average U.S. market rents 25% higher than rents at lease expiration; Northeast and California see increases of more than 60%
U.S. airlines’ net profit in 3rd quarter 2021 nearly triples 2nd quarter
AJOT | December 06, 2021 | Air Cargo | Airlines | By The Numbers
Second consecutive quarterly profit during COVID-19 pandemic
Oil rises on Omicron’s mild symptoms, Saudi Aramco’s January pricing - Rystad Energy
AJOT | December 06, 2021 | Energy | Conventional | By The Numbers
Oil prices are increasing today as traders recalibrate their assumptions on Omicron’s market effect, while Saudi Aramco also increased selling prices for January.
Brazil was the only South American country to increase crude oil production in 2020
AJOT | December 06, 2021 | Energy | Conventional | By The Numbers
Brazil was the only oil-producing country in South America to report an increase in crude oil and condensate production in 2020 compared with 2019, according to our Country Analysis Brief: Brazil, which we updated this summer.
FTR reports preliminary North American Class 8 net orders drop in November to 9,500
AJOT | December 06, 2021 | Intermodal | Trucking | By The Numbers
FTR reports preliminary North American Class 8 net orders dropped in November to 9,500 units, down 41% from October and down 82% y/y. Orders were the lowest for the month of November since 1995.
WorldACD: Trends for the past 5 weeks (wk 47)
AJOT | December 03, 2021 | Air Cargo | Freighters | By The Numbers
WorldACD's latest views on air cargo market developments, covering each of the last 5 weeks up till Sunday 28 November.
Tanker Market Outlook: Why not yet and why now
AJOT | December 03, 2021 | Maritime | Bulk | By The Numbers
We are now in December and the tanker market remains surprisingly weak. At the time of writing, rates in the MR segment are around USD 8,000 per day – double the level earlier this autumn, certainly, but still some way below what an MR vessel requires in order to break even. The same applies to crude oil tankers like the Suezmax vessels.
More OPEC production and higher global natural gas prices widen crude oil price spreads
AJOT | December 03, 2021 | Energy | Conventional | By The Numbers
Rising crude oil exports from OPEC members that produce mostly medium-sulfur or high-sulfur crude oils, also called sour crude oils, and higher natural gas prices have contributed to lower prices for sour crude oils relative to low-sulfur (sweet) crude oils.
Oil rises as the market downplays the Omicron threat and brushes off bearish OPEC+ outcome - Rystad Energy
AJOT | December 03, 2021 | Energy | Conventional | By The Numbers
Oil prices are rising today, continuing their positive vaccine news euphoria, as the market downplays – for now – the Omicron threat and bushes off the otherwise bearish outcome of the OPEC+ meeting.
Valencia Containerised Freight Index (VCFI) reaches 3,902.15 points
AJOT | December 03, 2021 | Ports & Terminals | Ports | By The Numbers
Since August the increases in the VCFI have been lower than in previous months, especially between March and June when the increases in these periods were in double digits
Southern Calif. will continue to see an uneven recovery through 2022
AJOT | December 03, 2021 | International Trade | Commodity | By The Numbers
SCAG Economic Summit offers a promising, but cautious forecast as labor shortages and supply chain disruptions continue to impact the regional economy
Oil prices at a crossroad ahead of OPEC+ meeting as Omicron looms - Rystad Energy
AJOT | December 02, 2021 | Energy | Conventional | By The Numbers
Oil prices are at a crossroad today as the OPEC+ meeting is seen by traders as the only likely force to change the bearish environment that the Omicron variant has introduced.
In 2020, the value of energy trade between the United States and Canada declined
AJOT | December 02, 2021 | Energy | Conventional | By The Numbers
In 2020, the value of U.S. energy imports from Canada totaled $58 billion—accounting for more than one-fifth of the value of all U.S. imports from Canada. The value of U.S. energy imports from Canada fell by 31% in 2020 compared with 2019, and the value of U.S. energy exports to Canada fell 34%, according to data from the U.S. Census Bureau.
Drewry World Container Index - 02 Dec
AJOT | December 02, 2021 | Maritime | Liner Shipping | By The Numbers
Drewry’s composite World Container index decreased by 1.5% to $9,050.77 per 40ft container this week.
Triggering more lockdowns, Omicron could cost oil demand almost 3 million bpd in early 2022
AJOT | December 02, 2021 | Energy | Conventional | By The Numbers
The new Omicron variant of Covid-19 could cost the global oil market as much as 2.9 million barrels per day (bpd) of demand in the first quarter of 2022, bringing total expected demand down from 98.6 million bpd to 95.7 million bpd, if it triggers more lockdowns or restrictions, Rystad Energy projects.
Descartes announces Fiscal 2022 Third Quarter Financial Results
AJOT | December 02, 2021 | Shipping Technology | By The Numbers
The Descartes Systems Group Inc. announced its financial results for its fiscal 2022 third quarter (Q3FY22). All financial results referenced are in United States (US) currency and, unless otherwise indicated, are determined in accordance with US Generally Accepted Accounting Principles (GAAP).
U.S. pork exports to Mexico show promise
AJOT | December 02, 2021 | International Trade | Commodity | By The Numbers
Mexico is the third-largest pork importer in the world and traditionally the largest U.S. market for pork exports by volume. Over the past few years, shipments to this important market have faced headwinds.
US shale spending set to shake off uncertainty and jump 19% in 2022
AJOT | December 02, 2021 | Energy | Conventional | By The Numbers
US shale expenditure is projected to surge 19.4% next year, leaping from an expected $69.8 billion in 2021 to $83.4 billion, the highest level since the onset of the Covid-19 pandemic and signaling the industry’s emergence from a prolonged period of uncertainty and volatility, according to a Rystad Energy report.
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