Trade and Transportation by the Numbers

Shifts in consumer demand, shipping patterns lead to decline at Port of Long Beach

AJOT | February 13, 2023 | Ports & Terminals | Ports | By The Numbers

Softened consumer spending, increased prices driven by inflation and a shift in trade routes contributed to a dip in shipments moving through the Port of Long Beach in January.

Mesa Air Group reports first quarter fiscal 2023 results

AJOT | February 10, 2023 | Air Cargo | Airlines | By The Numbers

Mesa Air Group, Inc. (NASDAQ: MESA) today reported first-quarter fiscal 2023 financial and operating results.

WorldACD Air cargo trends for past 5 weeks (wk 5)

AJOT | February 10, 2023 | Air Cargo | By The Numbers

Strong air cargo demand recovery after Lunar New Year

U.S. Transportation sector unemployment rate of 4.7% in January 2023 was same as January 2022

AJOT | February 03, 2023 | International Trade | By The Numbers

The unemployment rate in the U.S. transportation sector was 4.7% (not seasonally adjusted) in January 2023 according to Bureau of Labor Statistics (BLS) data recently updated on the Bureau of Transportation Statistics (BTS) Unemployment in Transportation dashboard.

FTR reports preliminary North American Class 8 net orders drop to 21,600 units in January

AJOT | February 03, 2023 | Trucking | By The Numbers

Preliminary North American Class 8 net orders have declined for the fourth consecutive month after reaching a record high in September 2022, according to FTR. Orders fell to 21,600 units in January, down 25% m/m but up 2% y/y. Class 8 orders came in at 303,000 units for the previous 12 months.

FTR’s Trucking Conditions Index was less negative in November

AJOT | January 16, 2023 | Trucking | By The Numbers

The only positive contribution to the November index was freight volume, but all other index factors were less negative than in October aside from freight rates, which were the most negative since May 2020.

PSA container throughput performance for 2022

AJOT | January 16, 2023 | Ports & Terminals | Ports | By The Numbers

PSA International Pte Ltd (PSA) handled container volumes of 90.9 million Twenty-foot Equivalent Units (TEUs) at its port projects around the world for the year ending 31 December 2022.

Frankfurt Airport doubles passenger numbers as cargo declines

AJOT | January 16, 2023 | Air Cargo | Airports | By The Numbers

Cargo volumes in Frankfurt (comprising airfreight and airmail) noticeably decreased by 13.3 percent year-on-year to around 2.0 million metric tons in 2022 (2019 comparison: down 5.6 percent).

Kremlin revenue under pressure as crude price falls on sanctions

Bloomberg | January 16, 2023 | Energy | Conventional | By The Numbers

The Russian state’s oil revenue came under further pressure as the average crude price the government uses to calculate its taxes dropped to the lowest in more than two years.

U.S. cargo and passenger airlines added 1,036 jobs in November 2022

AJOT | January 13, 2023 | Air Cargo | Airlines | By The Numbers

Employment remains 4.8% above pre-pandemic November 2019

JetASAP releases Q4 2022 & Mid-January 2023 activity report

AJOT | January 13, 2023 | Air Cargo | Charters | By The Numbers

Entering the New Year, JetASAP fliers experienced an overall 4% decrease in charter rates in the first weeks of January as the industry comes out of holiday peak season travel.

The year 2022 closes with a 13.1% drop in the cost of export freight from Valenciaport

AJOT | January 13, 2023 | Ports & Terminals | Ports | By The Numbers

This is the fourth consecutive month of decline in the Index, in a year of ups and downs marked by uncertainty and the ups and downs of the markets

Wheat climbs as deep freeze stokes fear of shrinking us crops

Bloomberg | December 23, 2022 | International Trade | Commodity | By The Numbers

Winter wheat climbed higher for a fourth straight day as a deep freeze across the US grain belt escalates concern about shrinking crops.

Crop prices set for third week of gains as us freeze threatens

Bloomberg | December 23, 2022 | International Trade | Commodity | By The Numbers

Agricultural commodity prices, including wheat, corn and sugar, rose as crops were hit by unfavorable weather.

BlueGrace Logistics Confidence Index offers supply chain insights ahead of 2023

AJOT | December 13, 2022 | Logistics | By The Numbers

Informed by shippers across various industries, BlueGrace’s LCI comprises data related to customers’ expectations and confidence in their organization's financial growth or stagnation, level of inventory and warehouse capacity, as well as unique information on the expansion or contraction of orders for the upcoming quarter.