Market archivos - Page 15 of 17

$5 billion cost of winter weather: snowstorms disrupt Florida and U.S. transport

Winter weather conditions affect the U.S. market as Florida breaks records with 7.6 inches of snowfall. The northwest of Florida experienced an unusual weather event this Tuesday: Pensacola turned into an unexpected winter wonderland, breaking a 100-year-old record by receiving 7.6 inches (19.3 cm) of snow. The previous record, 3 inches, dated back to 1895. […]

Potential strike threatens U.S. ports over automation concerns

A labor conflict that could severely affect the U.S. economy is looming. 45,000 workers from East Coast and Gulf ports have threatened to strike just as elected President Donald Trump returns to the White House. The dispute centers around port automation, which could jeopardize thousands of jobs by replacing human labor with machines. If carried […]

Uncertainty for U.S. freight industry amid tariff plans

The potential impact of these measures could be severe for a sector already undergoing a recession. The U.S. freight transportation industry, valued at $1.7 trillion, faces an uncertain future if the plans of President-elect Donald Trump to impose tariffs on its key trade partners—China, Mexico, and Canada—come to fruition. According to industry experts, these measures […]

The impact of Halloween on the U.S. Economy

Halloween is more than just a celebration; it is an economic engine that generates billions in spending. In the United States, Halloween is one of the most anticipated celebrations of the fall season, and like any celebration, shopping plays a key role. This holiday has become a significant economic phenomenon at the national level. Local […]

UPS and FedEx at risk: consumers choose affordable ground shipping to save money

While speed remains important in some cases, cost and sustainability have gained ground when it comes to deliveries. A new trend has started to gain momentum in the parcel delivery industry: more and more people are opting for slower delivery options to save money. As a result, major shipping companies like FedEx Corp. and UPS […]

Sunny outlook: optimism for the transportation market this summer

The Outbound Tender Volume Index shows an increase of over 7.1% The Outbound Tender Volume Index (OTVI) serves as a record of electronic requests from shippers to carriers, primarily in long-term contracts. This index has shown an increase between May 26th and June 3rd, of over 7.1%, highlighting one of the largest increases in demand […]

Hurricane season: disruptions to refinery operations

Between 17 and 25 storms are expected and could result in significant disruptions to oil production Current reports indicate a downward trend in fuel prices, with a national average below $4 per gallon. However, projections of an active hurricane season could trigger a shift in this dynamic. According to the National Oceanic and Atmospheric Administration […]

A look at the declining diesel prices in the US

Despite conflicts in the Middle East and navigation diversions in the Red Sea, oil prices remain unaffected The average diesel price has decreased for the fifth consecutive week. According to the Energy Information Administration (EIA), this week’s average retail diesel price dropped by 4.6 cents, reaching $3.848 per gallon. Over the past five declines, the […]

Low distillate consumption in the United States: factors and trends

Distillate consumption in the U.S. has remained at low levels, reflecting economic and energy factors According to the Energy Information Administration (EIA), distillate consumption in the United States has remained at low levels during the current year, reflecting various factors impacting both economic activity and energy preferences. In its Weekly Petroleum Status Report (WPSR), average […]

Deterioration in the global diesel market

Diesel sales decline as drivers switch to other alternatives The global diesel landscape shows concerning signs of deterioration, causing unease among oil sector investors. Across Europe, the United States, and Asia, a noticeable decrease in markets has been observed, characterized by the absence of premiums in short-term prices. This phenomenon is commonly interpreted as an […]