■ Weekly year-over-year percent change through June 20, 2009.
Intermodal Cargo
Trailers have been in weekly year-over-year decline exceeding 30 percent since late February and plummeting more than 35 percent since mid-April. In the week ending on June 20, trailers declined 39 percent, containers declined 12 percent, and intermodal overall fell 17. 8 percent over the same week last year. In the first 24 weeks of the year, intermodal cargoes were off 16. 9 percent, with trailers declining 33. 9 percent and containers down 12. 2 percent from the same period in 2008.
0%
–5%
–10%
–15%
–20%
–25%
–30%
Trailers
Containers
–35%
–40%
5/2/09 4/4/09 3/7/09 2/7/09 1/3/09 12/27/08
Carloads
Carloadings declined 17. 7 percent in the week ending June 20 from the same week last year, with metallic ores, metals, and motor vehicles plummeting 65.4 percent, 59.4 percent and 51.6 percent, respectively. Carloadings declined 19. 4 percent in the first 24 weeks of 2009 from the same period a year ago.
–10%
6/6/09
6/20/09
–15%
–20%
–25%
1/3/09 12/27/08
2/7/09
4/4/09
–30%
5/2/09
Source: Association of American Railroads,
“Weekly Traffic of Major U.S. Railroads,” www.aar.org
3/7/09
6/6/09
6/20/09
U.S. DIESEL PRICES
■ The average U.S. diesel price per gallon was $2.608 on June 29, retreating from the prior week’s 2009 peak price of $2.616. Although $2.037 less than a year ago, the price has increased $0.591 in the last 15 weeks from its 2009 nadir at $2.017 on March 16.
$2.20 $2.40 $2.60 $2.80 $3.00 $3.20 $3.40 $3.60 $3.80 $4.00 $4.20 $4.40 $4.60 $4.80
Source: U.S. Department of Energy, Energy Information Administration, www.doe.eia.gov
National Price 2008-2009
Price per gallon
June 30, 2008 June 29, 2009 $1.80 $2.00
National & Regional Averages: June 29, 2009
$2.61
$2.63
$2.58
$2.57
$2.63
$2.71
$2.00 $2.20 $2.40 $2.60 $2.80 $3.00
West Coast
Rocky Mountain
Gulf Coast
Midwest
East Coast
U.S.
TOP 20 INTERNATIONAL CARGO AIRPORTS
■ Ranked by first-quarter metric tons
In a sign that global trade may be bouncing off the bottom, the 22. 5 percent decline in March international freight represented an improvement over the first quarter’s 24. 4 percent plunge. Regionally, the Middle East was the top performer, underscored by Dubai’s 0.1 percent increase in first–quarter freight and a strong
3. 2 percent jump in March.
AIRPORT
Hong Kong
FIRST QUARTER 2009
METRIC TONS CHANGE 676,000 – 22.8%
Incheon 486,159 – 20.9%
Dubai 404,992 0.1%
Frankfurt 372,770 – 24.7%
Singapore 361,748 – 22.5%
Tokyo 353,581 – 33.4%
Shanghai 323,241 – 26.8%
Miami 305,321 – 23.7%
Amsterdam 290,795 – 27.6%
London 286,419 – 14.6%
Taipei 238,978 – 39.8%
Anchorage* 229,876 – 36.7%
Bangkok 208,989 – 31.3%
New York – JFK 181,408 – 36.4%
Los Angeles 164,504 – 24.4%
Luxembourg 151,317 – 25.7%
Chicago 150,395 – 34.6%
Beijing 130,644 – 10.2%
Cologne 123,495 – 9.8%
Kuala Lumpur 110,465 – 30.0%
*Anchorage includes transit freight.
Source: Airports Council International, “ACI Annual Traffic Statistics Collection,” www.airports.org
METRIC TONS 268,000
187,723
152,764
140,565
132,369
136,229
132,841
107,655
105,079
102,916
94,860
75,566
79,450
65,854
62,346
56,199
53,895
56,656
44,766
41,049
MARCH 2009
CHANGE – 19.8%
– 16.4%
3.2%
– 23.0%
– 21.9%
– 31.0%
– 26.4%
– 23.2%
– 28.5%
– 13.7%
– 36.4%
– 45.9%
– 27.5%
– 36.5%
– 23.5%
– 22.7%
– 34.6%
– 9.3%
– 4.8%
References:
Archives