By the Numbers
Ratios fall but national rates hold steady
AJOT | June 18, 2019 | Intermodal | Trucking | 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.
Rystad Energy update: OPEC meeting preview
AJOT | June 18, 2019 | Energy | 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.
Global Cargo Theft Intelligence Report for 2018 Issued
AJOT | June 17, 2019 | International Trade | By The Numbers
TT Club and BSI have issued the second edition of their report on global cargo theft, the first to cover a full year.
FIS Air Freight Report June 11, 2019
AJOT | June 11, 2019 | Air Cargo | Airlines | By The Numbers
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.
Dreary: Trade diversion
AJOT | June 10, 2019 | Maritime | Liner Shipping | By The Numbers
Global supply chains are being redesigned as the US attacks free trade, but are there really any safe harbours?
Chinese Exporters Dodge Tariffs With Fake Made-in-Vietnam Labels
Bloomberg | June 10, 2019 | International Trade | By The Numbers
Some Chinese exporters are going to extreme lengths to avoid the hit from Donald Trump’s tariffs.
FTR Reports North American Class 8 Orders for May at a Chilly 10,400 Units
AJOT | June 05, 2019 | Intermodal | Trucking | By The Numbers
FTR reports preliminary North American Class 8 orders for May scraped the bottom of the order cycle, coming it a lowly 10,400 units, or 29% below the slow April activity.
Saudi Arabia used less crude oil for power generation in 2018
AJOT | June 03, 2019 | Energy | 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).
Dreary: Manning costs to rise below inflation on easing officer supply shortfall
AJOT | June 03, 2019 | Maritime | 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.
WorldACD: Markets eroding further as uncertainty grows
AJOT | May 31, 2019 | Air Cargo | General | By The Numbers
For quite a while now, reading about world trade has not been an undivided pleasure for people working in air cargo.
Brazil plans to add more solar to its hydro-dominated electricity generation mix
AJOT | May 31, 2019 | Energy | 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.
FIS Air Freight Report May 29, 2019
AJOT | May 29, 2019 | Air Cargo | By The Numbers
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.
Rate Rise Remarkably In the South America Route, with Composite Index Rising
AJOT | May 28, 2019 | Maritime | By The Numbers
In the week ending May-24, Ningbo Containerized Freight Index 1200 (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 618.2 points, slightly up by 1.8% against last week.
New record in Zeebrugge: Maiden call OOCL United Kingdom
AJOT | May 22, 2019 | Ports & Terminals | Ports | By The Numbers
With the maiden call of ms OOCL United Kingdom at Cosco Shipping Ports Terminal Zeebrugge in the early morning of May 18, a new record was set in the port of Zeebrugge.
Con Edison limits natural gas service due to pipeline constraints into New York City area
AJOT | May 22, 2019 | Energy | 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.
Offshore field sanctioning nears peak
AJOT | May 22, 2019 | Energy | By The Numbers
The annual growth rate in the global offshore oilfield services market will likely be halved after 2022, according to Rystad Energy.
ATA Truck Tonnage Index Jumped 7.4% in April
AJOT | May 21, 2019 | Intermodal | Trucking | 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.
FIS Air Freight Report May 21, 2019
AJOT | May 21, 2019 | By The Numbers
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.
Memorial Day Weekend Cargo Theft Trends Infographic and Security Tips
AJOT | May 21, 2019 | Logistics | By The Numbers
Holiday periods are known for increased risk of cargo theft because cargo thieves look to exploit an abundance of unattended trucks and closed warehouse facilities.
US shale on track to 16% oil growth in 2019
AJOT | May 21, 2019 | Energy | By The Numbers
US shale operators are on course to increase oil production significantly in 2019. The growth in US onshore production from the first quarter through the fourth quarter could come in at around 1.1-1.2 million barrels per day (bpd), or 16% for the full year, according to Rystad Energy.
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