By the Numbers

EIA: U.S. crude oil exports reached record levels in 2020 and remain high in 2021

AJOT | July 20, 2021 | Energy | Conventional | By The Numbers

Despite volatility in global oil markets, U.S. crude oil exports reached a record high in 2020. So far this year (as of July 9, 2021), U.S. crude oil exports have averaged 3.00 million barrels per day (b/d).

Port of Virginia sets new fiscal year volume record, processes more than 3M TEUs in FY21
Port of Virginia sets new fiscal year volume record, processes more than 3M TEUs in FY21

AJOT | July 19, 2021 | Ports & Terminals | Ports | By The Numbers

Breaks volume records for 10 consecutive months while maintaining efficiency

United States continued to lead global petroleum and natural gas production in 2020
United States continued to lead global petroleum and natural gas production in 2020

AJOT | July 19, 2021 | Energy | Conventional | By The Numbers

More petroleum and natural gas was produced in the United States than in any other country during 2020 (a trend that began in 2014), despite year-on-year declines from the record-high production in 2019.

WorldACD: Trends for the past 5 weeks (wk 27)
WorldACD: Trends for the past 5 weeks (wk 27)

AJOT | July 19, 2021 | Air Cargo | Freighters | By The Numbers

In week 27, worldwide volume decreased by 5% compared with the previous week. Worldwide capacity increased by 2%.

Increased demand for softwood lumber in the US and Asia will change the global trade flows of wood in the coming decade
Increased demand for softwood lumber in the US and Asia will change the global trade flows of wood in the coming decade

AJOT | July 19, 2021 | International Trade | Commodity | By The Numbers

Softwood lumber has been in high demand in the US and Europe throughout 2021.

Normalized demand, not regulation, will solve supply chain delays
Normalized demand, not regulation, will solve supply chain delays

AJOT | July 09, 2021 | Logistics | By The Numbers

The Covid-19 cargo congestion brought on by extreme demand in combination with operational disruptions is very real and felt across supply chains globally.

Oil ticks up on US inventory draws but market more cautious than a week ago

AJOT | July 09, 2021 | Energy | Conventional | By The Numbers

Oil prices are making wobbly upward moves, but are unlikely to finish the week at the highs of last Friday, when traders rushed to price in the prospect of OPEC+ keeping oil supply flat in August.

US shale gets tempted by high prices but boosting output to tap OPEC+ inaction would take months
US shale gets tempted by high prices but boosting output to tap OPEC+ inaction would take months

AJOT | July 09, 2021 | Energy | Conventional | By The Numbers

Following a deadlock in OPEC+ negotiations at the July 2021 meeting, oil prices briefly rose above $75 per barrel at the prospect of the alliance keeping output stable from August onwards, with producers in theory honoring their commitment to the original deal until a new way forward is agreed.

Port of Long Beach maintains steady cargo flow in June
Port of Long Beach maintains steady cargo flow in June

AJOT | July 09, 2021 | Ports & Terminals | Ports | By The Numbers

Cargo moving through the Port of Long Beach remained strong in June as retail spending cooled down while consumers warmed up to summertime recreation and entertainment.

Oil prices on waiting mode in anticipation of OPEC+ crucial policy call

AJOT | July 02, 2021 | Energy | Conventional | By The Numbers

Oil prices are edging slightly lower today as the market waits for a decision by OPEC+ on production policy from August, a crucial call that will draw the price direction for coming months.

Growth in global LNG trade was flat in 2020

AJOT | July 02, 2021 | Energy | Conventional | By The Numbers

A small annual increase in LNG trade occurred despite the COVID-19 pandemic that reduced global natural gas demand.

EIA’s updated liquids pipeline database shows 19 projects moving toward completion in 2021
EIA’s updated liquids pipeline database shows 19 projects moving toward completion in 2021

AJOT | June 25, 2021 | Project / Heavy Lift | By The Numbers

So far in 2021, 2 petroleum liquids pipeline projects have been completed, and 17 more projects have been announced or are currently under construction, according to updated data in our Liquids Pipeline Projects Database.

Oil falls on profit taking ahead of bearish signs

AJOT | June 25, 2021 | Energy | Conventional | By The Numbers

Rystad Energy’s daily market comment from our Oil Markets Analyst Louise Dickson

FedEx sinks on higher spending, labor costs amid parcel boom

Bloomberg | June 24, 2021 | Logistics | Integrators | By The Numbers

FedEx Corp. fell as cost pressures tied to surging package deliveries threatened the gusher of profits Wall Street is expecting from the courier.

Rail Traffic for the Week Ending June 12, 2021

AJOT | June 16, 2021 | Intermodal | Rail | By The Numbers

For this week, total U.S. weekly rail traffic was 529,635 carloads and intermodal units, up 17.9 percent compared with the same week last year.

FTR Reports Final Trailer Orders Weak in May at 9,500 Units

AJOT | June 16, 2021 | Intermodal | Trucking | By The Numbers

FTR reports that final net trailer orders sank in May to 9,500 units, 42% below April. Y/Y comparisons were still up 112% versus COVID-impacted 2020 order activity.

Oil rises again on US crude stocks build projections - Rystad Energy comments

AJOT | June 16, 2021 | Energy | Conventional | By The Numbers

Rystad Energy’s daily market comment from our Oil Markets Analyst Louise Dickson

Port Houston has the best May on record with double-digit TEU increases
Port Houston has the best May on record with double-digit TEU increases

AJOT | June 16, 2021 | Ports & Terminals | Ports | By The Numbers

Port Houston continues to make waves with another month of double-digit container cargo increases through the Houston Ship Channel and its best May ever for container TEUs.

EIA: Growing global production limits crude oil price increases in the most recent forecast
EIA: Growing global production limits crude oil price increases in the most recent forecast

AJOT | June 15, 2021 | Energy | Conventional | By The Numbers

In the June Short-Term Energy Outlook (STEO), we forecast that rising global production of petroleum and other liquid fuels (driven by OPEC, Russia, and the United States) will limit price increases for global crude oil benchmarks Brent and West Texas Intermediate (WTI).

Valenciaport already moves more than 100,000 export containers in May
Valenciaport already moves more than 100,000 export containers in May

AJOT | June 15, 2021 | Ports & Terminals | Ports | By The Numbers

In this month, 480,019 TEUs (standard 20-foot containers) were handled, of which 100,048 were for cargo (export). The latter grew by 50% compared to last year (the most complicated month of COVID-19) and by 12.26% compared to 2019 (year without pandemic)

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