Industry Indicators: September 18 – 25

Industry Indicators
Written By Jennifer Joslyn
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Industry Indicators: September 18 – 25

iLevel Logistics presents intriguing data that offers a snapshot of notable industry changes and events during the weeks of September 18th through the 25th.

Vaccine mandate impacts, West-coast bottlenecks, Global electric vehicle sales, Natural gas prices, Port real estate, Diesel prices, Predictive data, Load-to-truck ratios, Container ship charter prices 

Workers likely impacted by Biden’s vaccine mandates

Source:  CNN Business

Notice, nearly 80% of transportation and warehousing employee will be affected – having 100 employee or more.  

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West Coast bottlenecks reaching new heights

Source:  Bloomberg

This week the number of container ships waiting off the California coast reached an all-time high of 65 vessels.  The average wait time lengthened to nearly 9 days compared to 6 days in mid-August.  

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Door-to-door transpacific traffic time China to U.S. – now at 71.5 days

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Global sales of electric vehicles increase notably in 2021 – but U.S. lags China and EU

Source:  Power Technology

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National gas prices soaring

Source:  Investing.com

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Real estate near ports in high demand

Source:  SupplyChainDive

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Diesel fuel up overall – 1.3 cents.  Third increase in last 4 weeks

Source:  eia

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Key areas for logistics companies – survey results comparing today v. 2030

Source:  DCVelocity

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Uses of predictive data analytics

Source:  SupplyChainDive

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Load-to-Truck Ratio in 2021 compared to four previous years

Source:  C.H. Robinson

A ratio of 3:1 is considered a balanced market – a larger ratio means capacity stretched which keeps spot rates up. 

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Charter a ship?  Ship charter rates spike 

Source:  SupplyChainDive

That’s all for this week.  Thanks for reading.  

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While the Trump and Biden presidencies differ greatly on various issues, such as climate change and foreign policy, when it comes to foreign trade and protectionism, there is more continuity than difference. Former President Trump implemented extensi
Chevron is a leading global integrated energy company operating in over 180 countries. Its activities span various sectors including oil and gas exploration, production, refining, marketing, and transportation, as well as renewable energy sources suc
New York-based startup Amogy has raised more than $139m from investors, including those in Saudi Arabia, to fund research and development into ammonia as a potential fuel source for container ships. CEO Seonghoon Woo told Yahoo! Finance that ammonia
US diesel demand and prices have weakened due to a decrease in freight and industrial activity, which has slowed down amidst falling consumer demand for goods and higher interest rates. As inflation remains an issue, some refiners are already seeing
The alliance of California ports has joined forces to establish a shared data system, solving visibility issues and unifying currently siloed data, which was a major reason for supply chain disruptions at U.S. West Coast ports two years ago. The $27
Jennifer Joslyn
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Industry Indicators: September 12 – 18