The Journal of Commerce - July 13, 2009

■ Weekly year-over-year percent change through June 27, 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 June 27, trailers declined 39. 6 percent, containers declined 11. 8 percent and intermodal overall declined 17. 9 percent over the same week last year. In the first 25 weeks of the year, intermodal cargoes fell 17 percent with trailers declining 34. 2 percent and containers off 12. 2 percent from the same period in 2008.

–5%

$2.60

$2.61

$2.57

$2.55

$2.65

$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.

–10%

■ The average U.S. diesel price per gallon was $2.594 on July 6 retreating from the prior week price of $2.608. Although $2.133 less than a year ago, the price has increased $0.577 in the last 16 weeks from its 2009 nadir of $2.017 on March 16.

Source: U.S. Department of Energy, Energy Information Administration, www.doe.eia.gov
July 6, 2009 July 7, 2008
National Price 2008-2009
National & Regional Averages: July 6, 2009

Price per gallon

$1.80 $2.00 $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

–15%

CONTAINERIZED OCEAN TRADE: PORT METRO VANCOUVER, BRITISH COLUMBIA

–20%

–25%

Trailers

Containers

–30%

2008

89,548

CHANGE –0.1%

–35%

–40%

1/3/09

2/7/09

3/7/09

4/4/09

5/2/09

6/27/09 6/6/09

In January 2008, the Vancouver Fraser Port Authority was formed under the Port Metro Vancouver branding and amalgamated Vancouver Port Authority, Fraser River Port Authority and North Fraser Port Authority. It is Canada’s highest volume container port.

EXPORTS January-May May

In laden TEUs 2008 2009 CHANGE 2009

411,535 371,830 – 9.6% 89,495

■ Monthly laden TEU volumes, January 2008-May 2009.

Port Metro Vancouver’s May 2009 exports results were only 0.1 percent off results for May 2008 and the best export TEU volume month last year. Through May this year, exports made up 49. 2 percent of the trade. Last year, exports totaled 42. 5 percent of the trade and fell 1.9 percent over 2007 results.

100,000

80,000

–10%

Carloads

Carloadings declined 22. 3 percent in the week ending June 27 from the same week last year, with metals, metallic ores and motor vehicle categories plummeting 59 percent, 58.7 percent and 51. 5 percent, respectively.

60,000

40,000

20,000

0 5/09 4/09 3/09 2/09 1/09 12/08 11/08 10/08 9/08 8/08 7/08 6/08 5/08 4/08 3/08 2/08 1/08

–15%

100,000

120,000

January-May 2008 2009

502,607 383,583

■ Monthly laden TEU volumes, January 2008-May 2009.

Although Port Metro Vancouver’s May 2009 import TEU volume fell 24. 9 percent over May 2008 and deeper than the 23. 7 percent decline of January through May 2009 from a year earlier, in comparison to April 2009 May imports were essentially stable. Last year, imports declined 1.9 percent year-over-year from 2007 and made up 57.5 percent of the trade.

IMPORTS In laden TEUs

CHANGE – 23.7%

2008 102,278

May 2009

76,860

CHANGE – 24.9%