AJOT | June 18, 2019 | Intermodal News | Road | By The Numbers
Jun 10 - 16 - Trucks returned to the highways last week after the annual Roadcheck inspection blitz put a squeeze on capacity in the previous week. That pushed load-to-truck ratios lower for each trailer type, and many lanes that saw major rate increases during Roadcheck had declines last week. Still, national average rates for vans and reefers remain the highest they’ve been since January.
AJOT | June 18, 2019 | Energy News | By The Numbers
The OPEC+ countries will not be able to increase their collective oil production levels in the second half of 2019 without having a detrimental effect on oil prices. However, the production cuts required by OPEC+ in order to support prices need not be as much as 1.5 million barrels per day (bpd), according to Rystad Energy.
AJOT | June 11, 2019 | Air Cargo News | Airlines | By The Numbers | FIS Market Data
After sinking in the previous weeks, rates have rebounded slightly reflecting an on-going turbulent market. Forward markets and the current spot market show a year on year prospective decline on both China to Europe and US lanes of 3 to 4% annually.
AJOT | June 03, 2019 | Energy News | By The Numbers
In 2018, Saudi Arabia reported burning an average of 0.4 million barrels per day (b/d) of crude oil for power generation, the lowest amount since at least 2009, the earliest year that data are available from the Joint Organizations Data Initiative (JODI).
AJOT | June 03, 2019 | Maritime News | Liner Shipping | By The Numbers
Manning costs have risen moderately over the past 12 months, checked by easing officer supply shortage, and are forecast to rise at a similar pace over the next five years, according to the latest Manning Annual Review and Forecast report published by global shipping consultancy Drewry.
AJOT | May 31, 2019 | Energy News | By The Numbers
Brazil is the second-largest producer of hydroelectric power in the world, after only China, and hydropower accounted for more than 70% of the country’s electricity generation in 2018. Brazil’s latest 10-year energy plan seeks to maintain this level of hydro generation while increasing the share of nonhydro renewables, particularly solar.
AJOT | May 29, 2019 | Air Cargo News | By The Numbers | FIS Market Data
Spot markets continue to act erratically, largely positive price moves have been weighted down by a weakening of rates into Frankfurt. Carriers are looking to redress the supply/demand balance by limiting schedules and parking aircraft over the summer season.
AJOT | May 22, 2019 | Energy News | By The Numbers
In January 2019, Consolidated Edison, Inc., (Con Edison)—the largest utility provider in the New York City area, serving 10 million customers—announced a moratorium on new natural gas connections in most of Westchester County, effective March 16.
AJOT | May 21, 2019 | Intermodal News | Road | By The Numbers
American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index surged 7.4% in April after decreasing 2% in March. In April, the index equaled 121.8 (2015=100) compared with 113.4 in March.
AJOT | May 21, 2019 | By The Numbers | FIS Market Data
Reacting in line with the tariff-driven boost to Asia-US prices last week, prices this week into the US have retracted to base levels reflecting a settling of the market. Interestingly there is a convergence between annual contract rates and the spot market, diminishing the benefit of fixed annual BSAs.