| December 09, 2024 | International Trade | By The Numbers
Shareholders have been able to elect to receive their dividends in US dollars, euros or pounds sterling. Holders of ordinary shares who have validly submitted US dollars, euros or pounds sterling currency elections by November 29, 2024 will be entitled to a dividend of US$0.344, €0.3262 or 27.03p per ordinary share, respectively.
| December 06, 2024 | International Trade | By The Numbers
California’s export trade recorded a strong 5.3% annual gain in the latest numbers, causing the state's share of the nation's export trade to shoot up to 9.3%. Equally remarkable was that exports from Texas fell 6.9% year-over-year while overseas shipments from Florida declined by 4.2%. U.S. exports overall slipped by 0.7%.
| November 25, 2024 | Maritime | Breakbulk News | By The Numbers
Despite the expectation that 2024 break bulk volumes will be lower than 2023, Washington state ports have a positive outlook for break bulk in the next few years.
| November 25, 2024 | Air Cargo | General | By The Numbers
A sharp rise in air cargo spot rates from Europe origins, particularly to the Americas, has helped to further drive up average worldwide spot prices in the second full week of November, with rates to Brazil rising...
| November 20, 2024 | Intermodal | Rail | By The Numbers
For this week, total U.S. weekly rail traffic was 516,886 carloads and intermodal units, up 3.2 percent compared with the same week last year.
| November 20, 2024 | Trucking | By The Numbers
FTR’s Trucking Conditions Index declined in September to -2.47 from -1.39 in August as weakness in the principal freight dynamics – freight rates, utilization, and volume – offset lower fuel costs and slightly less unfavorable financing costs.
| November 20, 2024 | Maritime | By The Numbers
ZIM Integrated Shipping Services Ltd. (NYSE: ZIM), (“ZIM” or the “Company”) a global container liner shipping company, announced today its consolidated results for the three and nine months ended September 30, 2024.
| November 19, 2024 | By The Numbers
VesselBot, a pioneer company in supply chain sustainability technology, today released a new report titled “Optimizing Supply Chain Networks: VesselBot's Precise Analytics in Action.” The study, analyzing over 126,500 shipments in USA, reveals significant opportunities for emissions reduction and cost savings in supply chain operations.
| November 12, 2024 | Air Cargo | General | By The Numbers
Rising air cargo rates from Asia Pacific and Europe helped to raise average worldwide prices in the first week of the airline sector’s (northern) winter 2024-25 timetable from 27 October, according to the latest weekly figures and analysis from WorldACD Market Data.
| November 08, 2024 | Maritime | By The Numbers
Sector heading for record-breaking year fueled by high charter rates and post-covid container boom
| November 04, 2024 | Air Cargo | General | By The Numbers
Average worldwide air cargo spot rates rose by a further +5% in the last full week of October, thanks to week-on-week (WoW) increases in spot prices from Asia Pacific (+3%), Europe (+7%), and Central & South America (CSA, +8%), while global tonnages remained broadly flat, WoW, at around +4% above last year’s levels, according to the latest weekly figures and analysis from WorldACD Market Data.
| November 01, 2024 | Air Cargo | General | By The Numbers
Air Group closed out a strong third quarter, generating GAAP pretax margins of 10.7% and earnings per share (EPS) of $1.84. On an adjusted basis, our pretax margin of 13.0% will lead the industry. Given Air Group’s completed acquisition of Hawaiian Airlines on September 18, 2024, quarterly financial statements include approximately 13 days of Hawaiian Airlines results.
| October 28, 2024 | Air Cargo | General | By The Numbers
Air cargo tonnages from China to Europe have broadly recovered to their levels prior to China’s Golden Week holiday at the start of October, while tonnages from Hong Kong to Europe have risen further in the last six weeks to their highest level this year, indicative of a possible ramping up of e-commerce and wider demand from this key origin market in the final months of the year.
| October 25, 2024 | Trucking | By The Numbers
This week’s focus highlights a decrease in vessel congestion at the port of Ras Tanura for dirty tankers, including VLCCs and Suezmax vessels. Port congestion metrics show a 25% decline on both a weekly and monthly basis.
| October 24, 2024 | Ports & Terminals | Ports | By The Numbers
August was a strong month for the Port of New York and New Jersey, ending with a nearly 20 percent jump in total volume from the previous year. A total of 790,891 TEUs (431,782 containers) moved through the port in August compared to 662,740 TEUs (366,339 containers) in 2023.
| October 24, 2024 | Logistics | By The Numbers
"An excellent quarter for our group even though the economy remains in neutral. Acquisitions continue to drive growth, however, I was really pleased with the performance of our Business Units, where the real difficult work is handled. All of our teams did a great job navigating the difficult market and controlling costs. As a result, we generated record revenues and near record operating profitability," commented Mr. Murray K. Mullen, Chair and Senior Executive Officer.
| October 24, 2024 | Logistics | By The Numbers
The Company's net sales for the third quarter of 2024 were $464.0 million, reflecting a 26.7% decrease compared to the same quarter of the previous year. The Company achieved consolidated gross profit of $56.0 million, equivalent to 12.1% of sales.
| October 24, 2024 | Air Cargo | General | By The Numbers
“The American Airlines team continues to focus on running a reliable operation and managing costs across the airline,” said American’s CEO Robert Isom. “We have taken aggressive action to reset our sales and distribution strategy and reengage the business travel community, which we’re confident will improve our revenue performance over time
| October 23, 2024 | Intermodal | Rail | By The Numbers
“Our scheduled operating plan demonstrated its resilience in the third quarter, allowing us to adapt our operations to challenges posed by wildfires and prolonged labor issues. Our operations recovered quickly and the railroad is running well. As we close 2024, we will continue to focus on recovering volumes, growth, and ensuring our resources are aligned to demand.”
| October 23, 2024 | Logistics | By The Numbers
From January to September 2024, the Kuehne+Nagel Group achieved net turnover of CHF 18.0 billion, EBIT of CHF 1.2 billion and earnings of CHF 915 million. In the third quarter of 2024, key indicators developed in a positive manner. For the first time since the end of the pandemic, EBIT and profit in the third quarter of 2024 both increased quarter-on-quarter and year-on-year.
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