By the Numbers
FTR reports preliminary North American Class 8 net orders swell to 40,100 units in October
AJOT | November 04, 2020 | Intermodal | Trucking | By The Numbers
FTR reports preliminary North American Class 8 net orders soared in October to 40,100 units. This is the first 40,000+ unit month for Class 8 orders since October of 2018, adding to the already increased order activity from September. Orders were up 26% m/m and up 83% y/y. Class 8 orders for the past twelve months now stand at 215,000 units.
OPEC members’ net oil export revenue in 2020 expected to drop to lowest level since 2002
AJOT | November 03, 2020 | Energy | Conventional | By The Numbers
The U.S. Energy Information Administration (EIA) forecasts that members of the Organization of the Petroleum Exporting Countries (OPEC) will earn about $323 billion in net oil export revenues in 2020.
Intermodal turns a corner in third quarter
AJOT | November 03, 2020 | Intermodal | By The Numbers
Total intermodal volumes rose 1.2 percent year-over-year in the third quarter of 2020, according to the Intermodal Association of North America’s Intermodal Quarterly report. Domestic containers and trailers both gained 9.8 percent compared to Q3 2019, while international shipments dropped 6.5 percent.
Drilling and fracking accelerate ahead of what could be an industry-changing US election
AJOT | November 02, 2020 | Energy | Conventional | By The Numbers
Ahead of what could be an industry-changing presidential election in the US, a Rystad Energy analysis reveals that drilling and fracking activity has accelerated. North American fracking likely peaked in October at around 780 started jobs, with activity recovering from the trough touched in May and June.
Port of Baltimore shows continued rebound from Covid-19 lows
AJOT | November 02, 2020 | Ports & Terminals | Ports | By The Numbers
Auto volumes top 2019 figures; Container growth reflects consumer confidence
Rystad Energy’s daily market comment from our Senior Oil Markets Analyst Paola Rodriguez-Masiu
AJOT | November 02, 2020 | Energy | Conventional | By The Numbers
The speed of the returning lockdowns now does resemble a wave, and that is essentially the second wave of the Covid-19 pandemic.
US gas production sets new records in Pennsylvania and the Permian, boosting nationwide output
AJOT | November 02, 2020 | Energy | Conventional | By The Numbers
Gross gas production in Pennsylvania and the Permian Basin probably hit all-time highs in August, a Rystad Energy data analysis shows, pushing up total US output and helping reverse a decline in the first half of the year when oil output curtailments reduced associated gas volumes.
Oil has worst month since March after covid surge hurts recovery
Bloomberg | October 30, 2020 | Energy | Conventional | By The Numbers
Oil posted its largest monthly drop since March as renewed lockdown measures to contain the coronavirus threatened to upend a shaky demand recovery.
Rystad Energy’s daily market comment from our Senior Oil Markets Analyst Paola Rodriguez-Masiu
AJOT | October 30, 2020 | Energy | Conventional | By The Numbers
The oil market is swinging from minor losses to minor gains and back this morning as volatility returned in a new price environment that the last couple of days created. Oil prices took quite a beating in the last two days that is causing a monthly back-to-back decline.
Oil poised for worst month since March with growing virus curbs
Bloomberg | October 30, 2020 | Energy | Conventional | By The Numbers
Oil is set for its largest monthly decline since March as a resurgent pandemic forces tighter restrictions, signaling weaker demand for auto and aviation fuel.
September & 1st half October: as second wave rolls, air cargo continues its rollercoaster ride
AJOT | October 26, 2020 | Air Cargo | Freighters | By The Numbers
The month itself seemed to bring some reason for optimism, as the year-over-year (YoY) drop in kilograms worldwide was by far the lowest since April: -12.5% for September against -33% for April. Month-over-month (MoM), September showed a 7% increase, whilst September 2019 was more or less the same as August 2019.
Rystad Energy’s daily market comment from their Head of Oil Markets Bjornar Tonhaugen
AJOT | October 26, 2020 | Energy | Conventional | By The Numbers
It’s a dark Monday in the oil market. Traders are finally pricing in Covid-19’s second wave, as the pandemic’s infections break daily records in many countries across the globe.
North American Freight Data, August 2020
AJOT | October 26, 2020 | Intermodal | By The Numbers
The release summarizes the monthly value of freight transported by truck, rail and other modes between the U.S. and Canada and the U.S. and Mexico with the top states, ports and commodities. Previously, BTS reported that the value of total Transborder freight in July 2020 was $91 billion, up 10.9% compared to June 2020 and up 62.2% from May 2020.
DAT: Spot rates flatten as truckload demand edges downward
AJOT | 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
AJOT | 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
AJOT | 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
AJOT | 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
Bloomberg | 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
AJOT | 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
AJOT | 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.
Upcoming Events
Latest Print Edition:
- Ocean Carrier Review
- Northeast Ports and Trade
- Air Cargo Quarterly
- Latin America Ports and Trade
© Copyright 1999–2024 American Journal of Transportation. All Rights Reserved