Commodities

Traders and brokers are seizing on arbitrage opportunities.

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Top commodity by value shipped out of each state

Transborder freight between the U.S. and North American countries (Canada and Mexico) in January 2022

Top commodities by weight and value

Vessels get the green light after a portion of the Mississippi River near Memphis was closed to traffic for a few days. Inspectors found damage to the bridge above it.

Are oil and diesel prices leading other commodity prices, or are they lagging?

Author Tom James delves into the staggering wealth of resources in commodities beyond Earth and how to harness them during the SpaceWaves virtual conference.

Innovation in the maritime industry relies on top-down mandates that are complicated by multilayered regulatory regimes and compliance requirements.

Total TransBorder Freight: $107.1B of TransBorder freight moved by all modes of transportation, down 3.3% compared to October 2018 Most-used mode: Trucks moved $68.2 billion of freight, down 2.7% compared to October 2018

From tiny flaws great economic disasters are born. One such tiny flaw nearly led to an economic disaster in far north Australia. It was only high quality seamanship that averted a months-long salvage at, and blockage of, the Port of Weipa.

The world’s biggest coal port moves forward with US$500 million plans to import LNG into Australia… which is the world’s biggest LNG export nation.

Genesee & Wyoming, Inc. reported adjusted earnings per share of $0.78 for the first quarter of 2019, which were 11 percent better year-over-year, but less than NASDAQ’s consensus estimate of $0.83.

Genesee & Wyoming, Inc. reported adjusted earnings per share of $0.78 for the first quarter of 2019, which were 11.4 percent better year-over-year, but less than the consensus estimate of $0.83.

Canadian National Railway Company reported adjusted earnings per share of C$1.17 per share for the first quarter 2019, 17 percent better than the same period a year ago.

Australian miner Rio Tinto generated over US$12 billion (all figures in U.S. dollars) from its bauxite, alumina and aluminum production in 2018. It predicts about 67 million tonnes production of bauxite, alumina and aluminum this year. These minor bulk commodities are significant seaborne cargoes.

Access to data has improved market transparency, and recent spikes in volatility make the case that transportation costs must be hedged and de-risked.

This morning at MarketWaves18 in Grapevine, Texas, FreightWaves CEO Craig Fuller announced that freight futures will begin trading on March 29, 2018.

We spoke with Mark Haraburda about FreightWaves’ new data and content partnership with Barchart, a leading digital provider of commodities and futures data.

FreightWaves adds improves mapping and watchlist features while adding rail data.

Hurricane Michael’s forecasted track will take it right over the primary cotton producing region in Georgia and South Carolina, and heavy rain could threaten the harvest of the crop, now in its most vulnerable phase.

Exactly three months after truck drivers in Brazil shut down highways for across the country in protest, its impact continues to be felt.

As schools are back in session this month, students across the country are stocking up on easy, cheap, dorm-friendly foods. Most notably, instant ramen noodles. They’re certainly a hot commodity this time of year—so hot, in fact, that thousands of dollars worth of ramen has gone missing outside of Atlanta. 

Global sugar prices fall over record production and decreasing demand; oil squeeze looks to be inevitable; Walmart’s size might not help much if prices keep increasing and trucking market remains tight.

The price for cartons of lemons (sizes 95-115) at wholesale was $36 to $39 on June 1 and as of last Friday was $52 to $55.

Procter & Gamble prices to increase; The end of Uber’s self-driving truck program; Unilever takes a hit from Brazil truck strike; Gap innovates distribution following a 2016 warehouse fire, and more in Today’s Pickup.

“We’re still in a little bit of wait and see mode in terms of detail, but I think the outcome is pretty positive in my mind,” said Clive McDonnell, the Singapore-based head of emerging market equity strategy at Standard Chartered Bank.