By the Numbers
Tanker - Weekly Market Monitor Week 7 - 2025
| February 14, 2025 | Trucking | By The Numbers
By early 2025, net supply has declined significantly from the peaks seen in 2023 and early 2024, reinforcing the inverse correlation between supply levels and TD3 rates. The sharp drop in net supply has driven a notable spike in TD3 rates, validating the fundamental supply-demand pricing mechanism in the VLCC market.
Transportation Producer Price Index – January 2025
| February 14, 2025 | Intermodal | By The Numbers
Transportation equipment PPI indicates the changes in transportation equipment prices faced by transportation providers, and any increase, increases the providers' costs. The PPI shows that prices increased for freight transportation and equipment 1.5% in January 2025 from January 2024.
CSX announces increase to quarterly dividend
| February 13, 2025 | Intermodal | Rail | By The Numbers
CSX Corp. (NASDAQ: CSX) announced that the Company’s Board of Directors approved an eight percent increase in its quarterly dividend, from $0.12 to $0.13 per share. The new $0.13 quarterly dividend is payable on March 14, 2025, to shareholders of record at the close of business on February 28, 2025.
November 2024 U.S. airline traffic data down 0.8% from same month last year
| February 13, 2025 | Air Cargo | General | By The Numbers
U.S. airlines carried 77.1 million systemwide (domestic and international) scheduled service passengers in November 2024, according to the Bureau of Transportation Statistics (BTS). When adjusted for seasonality, November enplanements are up 2.4% from October and down 0.2% from the all-time high reached in June 2024.
DAT: Uncertainty looms despite a steady January for truckload freight
| February 13, 2025 | Trucking | By The Numbers
Spot truckload freight volumes increased in January as shippers replenished inventories after the holidays, pulled forward imports ahead of potential tariffs, and sought more flexible, short-term capacity on the spot market to cope with disruptive winter weather, said DAT Freight & Analytics, which operates the DAT One freight marketplace and DAT iQ data analytics service.
Port of Long Beach sees strong start for 2025
| February 13, 2025 | Ports & Terminals | Ports | By The Numbers
Dockworkers and terminal operators moved 952,733 twenty-foot equivalent units in January, up 41.4% from the same month last year and surpassing the previous record, set in January 2022, by 18.9%. Imports jumped 45% to 471,649 TEUs and exports rose 14% to 98,655 TEUs. Empty containers moving through the Port climbed 45.9% to 382,430 TEUs.
Mullen Group Ltd.: 2024 fourth quarter financial results and filing of disclosure documents
| February 13, 2025 | Logistics | By The Numbers
Mullen Group Ltd. (“Mullen Group“, “We“, “Our” and/or the “Corporation“), one of Canada’s largest logistics providers today reported its financial and operating results for the quarter and year ended December 31, 2024, with comparisons to the same period last year.
Fraport Traffic Figures – January 2025 shows a decrease at Frankfurt Airport
| February 13, 2025 | Air Cargo | General | By The Numbers
3.9 million passengers at FRA / Decrease of 3.1 percent from 2024 / Total passenger numbers across the Group increase to 9.0 million
U.S. Bureau of Labor Statistics employment situation - January 2025
| February 07, 2025 | International Trade | By The Numbers
Total nonfarm payroll employment rose by 143,000 in January, and the unemployment rate edged down to 4.0 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care, retail trade, and social assistance. Employment declined in the mining, quarrying, and oil and gas extraction industry.
Tanker - Weekly Market Monitor Week 6 - 2025
| February 07, 2025 | Trucking | By The Numbers
The crude oil freight market remains highly volatile, with recent spikes in VLCC rates on the MEG-China route. While tonne-day demand growth has yet to show signs of recovery, market sentiment appears to be firming, driven by uncertainty surrounding oil price fluctuations and China's crude oil demand. Additionally, the impending implementation of U.S. tariffs on the energy sector adds to the instability.
WorldACD Weekly Air Cargo Trends (week 5) - 2025
| February 07, 2025 | Air Cargo | General | By The Numbers
Worldwide air cargo recorded a +2% year-on-year (YoY) tonnage increase in January, well below the +11% average growth last year, facing tougher comparison figures, moderating e-commerce volumes, and an earlier-than-last-year slowdown ahead of Lunar New Year (LNY) holidays in East Asia.
WorldACD Weekly Air Cargo Trends (week 4) - 2025
| February 03, 2025 | Air Cargo | General | By The Numbers
Average global air cargo rates have edged back upwards in the final full week before Lunar New Year, with average full-market worldwide prices gaining +4% in week 4 (20 to 26 January) to US$2.52 per kilo, around +11% higher than this time last year, according to the latest figures and analysis by WorldACD Market Data.
Ocean freight rates to drop in February after ceasefire
| January 31, 2025 | Maritime | By The Numbers
Latest data from Xeneta – the leading ocean and air freight intelligence platform – shows average spot rates from the Far East stand at USD 3 795 per FEU (40ft container) into North Europe and USD 5 085 per FEU into the Mediterranean – down 22% and 13% respectively since 1 January.
Moody’s Ratings upgrades Canaveral Port Authority’s revenue bonds to A2, ‘stable’ outlook
| January 31, 2025 | Ports & Terminals | Ports | By The Numbers
Moody’s Ratings has upgraded the Canaveral Port Authority’s revenue bonds to A2 and stable outlook as part of its annual Credit Opinion, noting that “the credit profile of Port Canaveral benefits from the Port’s position as the second busiest cruise port in the world and the strong cruise demand.”
Port of Oakland records 2.26 million TEUs last year
| January 31, 2025 | Ports & Terminals | Ports | By The Numbers
Data shows resilience, growth; loaded containers up 15 percent from previous year
WorldACD Weekly Air Cargo Trends (week 3) - 2025
| January 27, 2025 | Air Cargo | General | By The Numbers
Worldwide air cargo tonnages continued to rebuild in the third week of 2025 following their seasonal drop in the final days of December and the start of this year, although spot rates continue to edge downwards.
New Research: 88% of high-growth companies look to tech to tackle trade challenges
| January 24, 2025 | Logistics | Supply Chain | By The Numbers
Descartes Systems Group, released findings from its study What Companies are Doing to Tackle Escalating Global Supply Chain Challenges. The study shows that 74% of the supply chain and logistics leaders surveyed view technology as fundamental or highly important to their organization’s growth strategy in the face of rising global trade challenges, such as tariffs and trade barriers, supply chain disruptions and geopolitical instability.
Matson announces quarterly dividend of $0.34 per share
| January 24, 2025 | Maritime | By The Numbers
The Board of Directors of Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific, today declared a first quarter dividend of $0.34 per common share. The dividend will be paid on March 6, 2025 to all shareholders of record as of the close of business on February 6, 2025.
Alaska Air Group reports fourth quarter and full year 2024 results
| January 23, 2025 | Air Cargo | General | By The Numbers
Air Group completed 2024 on a high note, with record revenues of $11.7 billion and a GAAP pretax margin of 4.6%. On an adjusted basis, the full year pretax margin of 7.1% is expected to be amongst the best in the industry despite the completed acquisition of Hawaiian Airlines and fleet grounding in the first quarter of the year.
American Airlines reports fourth-quarter and full-year 2024 financial results
| January 23, 2025 | Air Cargo | General | By The Numbers
American produced record fourth-quarter and full-year revenue of $13.7 billion and $54.2 billion, respectively. This revenue performance was driven by the actions the airline took to adjust capacity, combined with continued demand strength. Total unit revenue inflected positive in the quarter, up 2.0% versus 2023. In the fourth quarter, American’s year-over-year Domestic, Atlantic, Pacific and total passenger unit revenue results led U.S. network carriers.
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