AJOT | May 22, 2020 | Energy | Conventional | By The Numbers
Actions to mitigate the 2019 novel coronavirus disease (COVID-19) have caused daily weekday electricity demand in New York City to decrease by 16% in April compared with expected demand, after accounting for seasonal temperature changes.
AJOT | May 22, 2020 | Energy | Conventional | By The Numbers
Rystad Energy’s weekly comprehensive Covid-19 report calculates the effect of the novel coronavirus on our lives and offers updated estimates for global fuel markets.
AJOT | May 22, 2020 | Ports & Terminals | Ports | By The Numbers
IAPH-WPSP Port Economic Impact Barometer for week 21 also confirms global trend towards decreasing capacity utilization of liquid and dry bulk storage at ports
AJOT | May 21, 2020 | Air Cargo | Freighters | By The Numbers
U.S. airlines carried 1.4% less cargo by weight in March 2020 than in March 2019, according to preliminary data filed with the Bureau of Transportation Statistics (BTS) by 15 of the leading cargo airlines.
AJOT | May 19, 2020 | Energy | Conventional | By The Numbers
The Covid-19 pandemic has forced oil and gas producers to slash budgets and reduce drilling activity, which in the US always affects future hydrocarbon output as existing fields naturally decline.
AJOT | May 18, 2020 | Energy | Conventional | By The Numbers
Commercial and industrial demand for natural gas is declining as most countries around the world impose lockdowns to limit the spread of the Covid-19 pandemic. Rystad Energy estimates global natural gas demand to fall by almost 2% this year as a result of the lower activity.
AJOT | May 15, 2020 | Energy | Conventional | By The Numbers
Rystad Energy’s weekly comprehensive Covid-19 report calculates the effect of the novel coronavirus on our lives and offers updated estimates for global fuel markets.
AJOT | May 15, 2020 | Energy | Conventional | By The Numbers
EIA expects U.S. marketed natural gas production to average 94.3 billion cubic feet per day (Bcf/d) in 2020, down from 99.2 Bcf/d in 2019.
AJOT | May 15, 2020 | Intermodal | Trucking | By The Numbers
FTR reports preliminary net trailer orders for April sunk to the lowest level in the modern era (since 1990) coming in at just 300 units. April order activity was -95% m/m and -98% y/y. Trailer orders for the past twelve months now total 162,000 units.
AJOT | May 12, 2020 | Energy | Conventional | By The Numbers
U.S. delivered coal costs, which reflect commodity and transportation costs, have declined steadily since 2010 (in constant 2017 dollars per ton). In 2019, the average transportation cost of coal was $15.03 per ton, down from $16.07 per ton in 2018. Transportation costs accounted for about 40% of the total delivered cost of coal in 2019, down 1% compared with the previous year. In the past 10 years, coal commodity costs have fallen faster than transportation costs. As a result, transportation's share of the total delivered cost of coal has increased since 2008, when transportation accounted for about one-third of the total cost.
AJOT | May 12, 2020 | Energy | By The Numbers
The Haynesville gas basin, arguably the most important basin for liquefied natural gas (LNG) exports in the US due to its proximity to existing and planned terminals, is set for a 20% decline in output towards 2023 if Henry Hub prices average at $1.80-$1.90 per million British thermal unit (MMBtu), a Rystad Energy analysis reveals.
AJOT | May 11, 2020 | Maritime | By The Numbers
ReCAAP Information Sharing Centre today issued its April 2020 Report on the situation of piracy and armed robbery against ships in Asia. A summary is appended.
AJOT | May 08, 2020 | Energy | Conventional | By The Numbers
There are no hard numbers yet to illustrate the extent to which the Covid-19 pandemic has affected the oil and gas industry’s digitization. However, a Rystad Energy analysis of service companies’ earnings calls reveals a clear growth in cost-saving remote work technologies.
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.
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.
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).
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.
AJOT | May 01, 2020 | Ports & Terminals | Ports | By The Numbers
Upcoming reports will deep dive into regional results, commencing with Europe next week
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.
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.
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