Drilling Deep: Collapsing volumes of ocean freight

Also on the podcast: A key agency report doesn’t see much relief for diesel markets

Photo: Jim Allen/FreightWaves

FreightWaves’ Henry Byers created a bit of a storm recently when he wrote an article with a provocative title: U.S. import demand is dropping off a cliff.

In this week’s edition of Drilling Deep, Byers sits down with host John Kington to talk about the methodology used to reach that conclusion and what it means for the larger issue of backed-up supply chains.

Also on the podcast, Kingston looks at what a just-released oil market report says about the diesel market and why it continues to outperform crude oil and gasoline in such a dramatic way.

More articles by John Kingston

Drilling Deep: FourKites prepared for the post-pandemic future

Drilling Deep: Getting into the business as a dispatcher

Drilling Deep: Cutting off cellphone use while driving

John Kingston

John has an almost 50-year career as a journalist, most of them covering commodities and markets. The largest part of his career was spent at Platts, now part of S&P Global Energy. He created the Dated Brent benchmark, now the world’s most important crude oil marker. He was Director of Oil, Director of News, the editor in chief of Platts Oilgram News and the “talking head” for Platts on numerous media outlets, including CNBC, Fox Business and Canada’s BNN. He covered metals before joining Platts and then spent a year running Platts’ metals business as well. He was awarded the International Association of Energy Economics Award for Excellence in Written Journalism in 2015. In 2010, he won two Corporate Achievement Awards from McGraw-Hill, an extremely rare accomplishment. He was awarded the 2020 Abdullah Bin Hamad Al-Attiyah International Energy Award for Lifetime Achievement for the Advancement of International Energy Journalism.