By the Numbers
Growth in India’s LNG imports will depend on completion of connecting pipelines
AJOT | May 08, 2020 | Energy | Conventional | By The Numbers
India has been the world’s fourth-largest importer of liquefied natural gas (LNG) since 2011, gradually increasing LNG imports as the country’s domestic natural gas production declined and domestic consumption increased.
FTR Reports North American Class 8 Orders Plunge to the Lowest Level in Modern Era at 4,000 Units
AJOT | May 05, 2020 | Intermodal | Trucking | By The Numbers
FTR reports preliminary North American Class 8 orders plunged for the second month in a row to an unprecedented level of 4,000 units. April order activity was the lowest in the modern era (1996), 44% below March, and 73% less than a year ago. Class 8 orders for the last twelve months now total just 160,000 units.
Low transportation fuel demand and low profitability drive refinery run declines
AJOT | May 04, 2020 | Energy | Conventional | By The Numbers
Transportation fuel demand has decreased since early March 2020 as a result of reduced economic activity and stay-at-home orders aimed at slowing the spread of the 2019 novel coronavirus disease (COVID-19).
Intermodal Falls in the First Quarter COVID-19 Takes Toll on Volumes
AJOT | May 04, 2020 | Intermodal | Trucking | By The Numbers
Total intermodal volumes declined 6.7 percent year-over-year in the first quarter of 2020, according to the Intermodal Association of North America's Intermodal Quarterly report. While domestic containers gained 2.2 percent from 2019, international shipments dropped 11.3 percent and trailers, 23.3 percent. Intermodal_Quarterly_Graph_5.1.20_500X333_1545438.png "The coronavirus is the obvious headwind going into Q2, on top of existing trade issues, and no market segment is immune," said Joni Casey, president and CEO of IANA. "We don't know how long volumes will remain where they are, and recovery will bring its own set of challenges." The seven highest-density trade corridors, which collectively handled 63.0 percent of total volume, were down 7.7 percent in the first quarter. Two recorded double-digit losses: the Midwest-Northwest at 15.1 percent and the South Central-Southwest at 14.7 percent. The negative numbers for the remaining corridors were more moderate: the Midwest-Southwest at 7.7 percent; the Trans-Canada, 7.7 percent; the Southeast-Southwest, 5.4 percent; the Intra-Southeast, 4.7 percent; and the Northeast-Midwest, 2.1 percent. Combined IMC volumes improved over the same period in 2019 with a total 1.6 percent increase. Highway loads were up 2.9 percent, notwithstanding a 0.3 percent loss on intermodal.
WPSP COVID19 Port Economic Impact Barometer for Week 18 reports stabilization or slight improvements
AJOT | May 01, 2020 | Ports & Terminals | Ports | By The Numbers
Upcoming reports will deep dive into regional results, commencing with Europe next week
Shipping demand predicted sharp decline and recovery in the stock markets
AJOT | May 01, 2020 | Maritime | Bulk | By The Numbers
As we all know, March 2020 was a poor month for the stock markets. This was driven by a global sell off in equities due to the expected reduced economic activity from the effects of COVID-19. April 2020 was a great month, with the global markets pricing in a quick recovery.
New Trucking Index Tracks Recovery From COVID-19 Shutdowns, Shows Volumes Bottomed
AJOT | May 01, 2020 | Intermodal | Trucking | By The Numbers
A new index provides visibility on the state of the trucking market as anticipation of an economic restart grows. The COVID-19 Truck Freight Recovery Index shows a sharp mid-March drop that has remained stable for the past two weeks, indicating a bottoming out in the spot market.
Containership Operators’ US Import Totals by TEU
AJOT | April 27, 2020 | Maritime | Liner Shipping | By The Numbers
Top Containership Operators by US Import TUE Totals
Vessels On Order For Select Container Lines
AJOT | April 27, 2020 | Maritime | Liner Shipping | By The Numbers
Listing of Ocean Container Lines by Vessels On Order according to data provided by Alphaliner
Top 75 Ocean Container Lines
AJOT | April 27, 2020 | Maritime | Liner Shipping | By The Numbers
Top Ocean Container Lines by Total TUE based on data supplied by Alphaliner
Low liquidity and limited available storage pushed WTI crude oil futures prices below zero
AJOT | April 27, 2020 | Energy | Conventional | By The Numbers
On Monday, April 20, 2020, West Texas Intermediate (WTI) crude oil front-month futures traded on the New York Mercantile Exchange (NYMEX) were priced in negative dollars per barrel (b) for the first time since trading began in 1983. At about 2:30 p.m. ET, WTI traded as low as -$40.32/b; prices remained below zero for part of the following trading day.
US dumps coal much quicker than it thought
AJOT | April 27, 2020 | Energy | Conventional | By The Numbers
The decline in coal use for energy in the United States has been much quicker than what the country has anticipated for several years, with its use for electricity generation always landing lower than projections, a Rystad Energy analysis reveals.
U.S. Airline Cargo Data (Preliminary), February 2020
AJOT | April 27, 2020 | Air Cargo | Freighters | By The Numbers
U.S. airlines carried 0.4% less cargo by weight in February 2020 than in February 2019, data filed by 15 of the leading cargo airlines. The 15 airlines carry more than 95% of the total cargo by weight on U.S. airlines. Cargo data consists of freight and mail carried within the U.S. and between the U.S. and foreign points.
Drewry Port Throughput Indices
AJOT | April 24, 2020 | Maritime | Liner Shipping | By The Numbers
The Drewry Container Port Throughput Indices are a series of volume growth/decline indices based on monthly throughput data for a sample of over 220 ports worldwide, representing over 75% of global volumes. The base point for the indices is January 2012 = 100.
Gasoline, the refiner’s favorite child, is the key fuel behind the global oil demand doom
AJOT | April 24, 2020 | Energy | Conventional | By The Numbers
As the global population puts the breaks on ground transportation thanks to lockdowns, road fuels – which make up about half of the world’s oil demand – has become the segment most impacted by the Covid-19 pandemic.
COVID-19 mitigation efforts result in the lowest U.S. petroleum consumption in decades
AJOT | April 23, 2020 | Energy | Conventional | By The Numbers
U.S. consumption of petroleum products has fallen to its lowest level in decades because of measures that limit travel and because of the general economic slowdown induced by mitigation efforts for the coronavirus disease 2019 (COVID-19).
East/West head haul capacity down 17% YoY in May, reveals eeSea data
AJOT | April 23, 2020 | Maritime | Liner Shipping | By The Numbers
New analysis conducted by maritime intelligence company eeSea has revealed the extent of the impact of COVID-19 on global container shipping capacity.
US fracking set for the biggest monthly decline in history as oil prices collapse
AJOT | April 23, 2020 | Energy | Conventional | By The Numbers
The Covid-19 pandemic has ravaged global oil demand and, coupled with the extremely low price levels brought on by the wide supply surplus, is likely to cause the largest monthly drop in fracking activity ever recorded in the US, a Rystad Energy analysis shows.
Global OCTG demand to decline by 15% in 2020 and prices set to fall; US to take the biggest hit
AJOT | April 22, 2020 | Energy | Conventional | By The Numbers
The energy metals sector is bracing for a major backlash, as the Covid-19 pandemic and low oil prices are taking a heavy toll on global demand for OCTG (oil country tubular goods).
ATA Truck Tonnage Index Rose 1.2% in March
AJOT | April 22, 2020 | Intermodal | Trucking | By The Numbers
American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index rose 1.2% in March after increasing 1.8% in February. In March, the index equaled 120.4 (2015=100) compared with 119 in February.
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