Industry Indicators: March 21st – April 1st
Industry Indicators: March 21st – April 1st
iLevel Logistics presents intriguing data that offers a snapshot of notable industry changes and events during the weeks of March 21st through April 1st.
What’s on the docket this week?
Profit margins, War and projected GDP, nation’s most pressing concern, what’s to blame for inflation, top websites, Walmart in Mexico, YouTube on rising, Africa and Russian wheat, U.S. strategic petroleum reserves, average container delays, monthly import growth, container shipping supply, predicting container freight rates, inflation expectations, and oil prices, Russian oil in demand, a survey of manufacturers rank supply chain challenges first, truck tonnage for February, ACT drive availability index, capacity factors for energy sources, Americans want Biden to be tougher on Russia, Gas tops inflation concerns, Consumer sentiment falls, Job opening remains elevated, truck trailers and chassis prices keep climbing, elevated shipping rates are here to stay, retailer inventories cannot keep pace with sales, & sources of gasoline prices.
Best profit margin since 1950
Source: Bloomberg
2021 most profitable year for Corporations since 1950. Strong household demand driven by large government cash transfers is responsible.
War lowers GDP projections
Source:twitter: Bruce Mehlman
Most important problem facing the nation – inflation rises to heights not seen since 1985
Source: Gallup
Whose to blame for inflation?
Source: NBC News
Top 50 websites
Source: visual capitalist
Walmart owns most supermarkets in Mexico
Source: visual capitalist
YouTube on the rise
Source: Pew Research Center
A looming crisis – dependence on Wheat from Russia and Ukraine
Source: UNCTAD
US strategic petroleum reserve on the way down
Source: Bloomberg
Disruption in container logistics
Source: McKinsey
Inflations expectations worth watching – highly correlated with oil prices
Source: full-stack economics
Oil prices since 2000
Source: Yahoo finance
Russian oil in demand – second biggest exporter in world
Source: supply chain brain
Survey of manufacturers rank supply chain challenges first
Source: SC Digest
Trucking tonnage remains flat in February
Source: CCJ
Are you better off today than a year ago?
Source: Tipp Poll
ACT driver availability index improving
Source: MH&L
Capacity factors – how much energy is produced relative to the power source's theoretical maximum
Source: AIER
Nuclear best, wind and solar significantly lower.
From capacity factors, experts can examine the annual energy production of a hypothetical 1-gigawatt power plant of different sources.
Conclusion: The cost of building out weather-dependent renewables is tremendous: “To reach 5,000 GWh of energy production from a natural gas facility, we need only a 1-gigawatt plant. To reach the same amount of energy production from an onshore wind facility we need to build a 1.6-gigawatt facility. For solar we’d need to build over 2 gigawatts of production, doubling the actual price.”
Americans want Biden to be tougher on Russia
Source: AP news
Gas tops the list of inflation concerns
Source: AP news
Consumer sentiment falls in March – remains near recessionary levels
Source: AIER
Job openings remain near all-time highs
Source: CNN
Prices for truck trailers and chassis maintain a steep rise
Source: TruckingInfo
Will shipping costs ever return to pre-pandemic levels?
Source: Supply chain brain
Retailer inventories cannot keep pace
Source: WSJ
Average annual components of a gallon of regular retail gasoline.
Job quits are still historically high
Source: AIER
Quits are higher in most sectors – including Transportation (in green), than average quit rates prior to the pandemic (horizontal line at 2.14%).
That’s all for this week. Thanks for reading.
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The Workday Dash is an aggregation of articles regarding the transportation logistics, trucking, and supply chain industries for November 1, 2024, from iLevel Logistics Inc.