By the Numbers
DAT: Spot rates flatten as truckload demand edges downward
| October 21, 2020 | Intermodal | Trucking | By The Numbers
After rallying from May through September, spot truckload rates have plateaued as demand for trucks cooled during the week ending Oct. 18, said DAT Freight & Analytics, which operates the industry’s largest load board network.
Rystad Energy’s daily market comment from our Senior Oil Markets Analyst Paola Rodriguez-Masiu
| October 21, 2020 | Energy | Conventional | By The Numbers
There are two takeaways from today’s oil price move and both are equally interesting.
FBX Weekly Ocean rates stable and SMBs getting resilient as eCommerce surges
| October 20, 2020 | Maritime | Liner Shipping | By The Numbers
China-US ocean rates have now gone unchanged for a month, following complaints and scrutiny of already sky-high prices. Ocean carriers cancelled any planned mid-month rate increases, with some announcing that GRIs would be postponed until mid-November despite very full ships.
ATA Truck Tonnage Index Jumped 6.7% in September
| October 20, 2020 | Intermodal | Trucking | By The Numbers
American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 6.7% in September after declining 5.3% in August. In September, the index equaled 115.1 (2015=100) compared with 107.9 in August.
Oil slips with renewed virus restrictions sapping demand rebound
| October 20, 2020 | Energy | Conventional | By The Numbers
Oil slipped as nations reimposed tighter lockdown restrictions in hopes of containing a resurgent pandemic that is depressing demand.
Rystad Energy’s daily market comment from our Head of Oil Markets Bjornar Tonhaugen
| October 20, 2020 | Energy | Conventional | By The Numbers
Tuesday found oil traders struggling to make up their minds on how to interpret the result of the previous day’s OPEC+ meeting.
Port Houston monthly container volumes rise
| October 20, 2020 | Ports & Terminals | Ports | By The Numbers
Port Houston’s container activity in September surpassed the record level of TEUs for the same month last year, despite the negative impacts of the COVID-19 pandemic, which has slowed global commerce this year. This is the first turn toward growth since the effects of the pandemic in March.
Rystad: Asia-Pacific’s renewable energy capacity set for 50% growth over five years, driven by solar
| October 20, 2020 | Energy | Alternative | By The Numbers
Installed capacity of renewable energy in the Asia-Pacific region is set for a major boost in the next five years, to 754 gigawatts (GW) in 2025 from 497 GW this year, a Rystad Energy analysis shows.
Rystad Energy’s daily market comment from our Head of Oil Markets Bjornar Tonhaugen
| October 19, 2020 | Energy | Conventional | By The Numbers
Despite today’s mild decline, thinking that oil prices are still managing to keep their 40+ dollar levels in a market that is getting a daily bearish beating, we have to admit that oil has been resilient lately.
Japan’s exports fall at much slower pace as trade improves
| October 18, 2020 | International Trade | By The Numbers
Japan’s exports fell by the smallest margin in seven months in September in another sign that the pandemic’s hit on global trade is easing.
Once coal’s future haven, Bangladesh is now set to leave developers and importers in hot water
| October 08, 2020 | Energy | Conventional | By The Numbers
Bangladesh’s 2016 energy plan showed some 20 gigawatts (GW) of coal power capacity to be developed in the next two decades.
Green hydrogen plans already top 60 GW, but less than half is likely to operate by 2035 as costs bite
| October 08, 2020 | Energy | Alternative | By The Numbers
Proposed green hydrogen projects are surging across the globe as governments seize opportunities afforded by post-pandemic green stimulus packages.
Rail Traffic for September and the Week Ending October 3, 2020
| October 07, 2020 | Intermodal | Rail | By The Numbers
U.S. railroads originated 1,119,546 carloads in September 2020, down 9.7 percent, or 119,909 carloads, from September 2019. U.S. railroads also originated 1,423,883 containers and trailers in September 2020, up 7.1 percent, or 94,351 units, from the same month last year.
U.S. Airlines August 2020 Fuel Use Up 5% from July
| October 07, 2020 | Air Cargo | Airlines | By The Numbers
The Department of Transportation’s Bureau of Transportation Statistics (BTS) today released U.S. airlines’ August Fuel Cost and Consumption numbers.
China-US rates steady, but strong demand expected to return [FBX Weekly]
| October 07, 2020 | Maritime | Liner Shipping | By The Numbers
Breathe a sigh of relief. China-US ocean rates went unchanged this week, marking only the second time since the end of May that a scheduled General Rate Increase (GRI) was not introduced. But record levels of capacity into November indicate that carriers expect demand to be strong post-Golden Week.
DAT Freight Trends on the Spot Market – Sept 28-Oct 4, 2020
| October 07, 2020 | Intermodal | By The Numbers
The national average spot van rate hit a record high of $2.46 per mile during the week ending Oct. 4 and the overall number of available loads increased 5% compared to the previous week as supply chain disruptions push freight to the spot market, according to DAT Freight & Analytics, which operates the industry’s largest load board network.
‘Boring is good’ as global air cargo market takes another step to recovery in September
| October 07, 2020 | Air Cargo | Freighters | By The Numbers
A record ‘dynamic loadfactor’ and high airfreight rates on the world’s premier trade lanes in September showed the global air cargo market edging towards a sustainable recovery at the start of the traditional peak season, say leading industry analysts CLIVE Data Services and TAC Index.
Rystad Energy’s daily market comment from our Head of Oil Markets Bjornar Tonhaugen
| October 07, 2020 | Energy | Conventional | By The Numbers
Today’s oil price move has Donald Trump’s name written all over it. And it’s a bizarre day as Donald-Trump-related news sit on both sides of the scale.
U.S. Trade Deficit Widened in August to Largest Since 2006
| October 06, 2020 | International Trade | By The Numbers
The U.S. trade deficit widened in August to the largest since 2006 as the nation imported a record amount of consumer goods amid a pickup in demand ahead of the holiday-shopping season.
U.S. natural gas production, consumption, and exports set new records in 2019
| October 05, 2020 | Energy | Conventional | By The Numbers
The U.S. Energy Information Administration’s (EIA) Natural Gas Annual shows that the United States set new records in natural gas production, consumption, and gross exports in 2019.
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