ื๎ะยย้ถนสำฦต

Intermodal Holds Strong in Third Quarter

October 31, 2018

Intermodal Holds Strong in Third Quarter

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CALVERTON, MD, October 31, 2018 โ€“ Despite tough year-over-year comparisons, intermodal managed 4.7 percent growth in the three months through September, according to the ื๎ะยย้ถนสำฦตโ€™s Intermodal Market Trends & Statistics Report. International intermodal volumes increased 4.4 percent, domestic containers 3.9 percent, and trailers led overall at 12.1 percent.

โ€œWe saw some trail off in growth during the third quarter, relative to the first half of the year, but intermodalโ€™s market expansion was still respectable. Trailers again performed especially well at the margins. The industry is in a strong position going into the fourth quarter,โ€ said Joni Casey, president and CEO of ื๎ะยย้ถนสำฦต.

The seven highest-density trade corridors accounted for 62.4 percent of total volumes and were collectively up 3.9 percent. The intra-Southeast performed the best of the seven with volumes gaining 12.0 percent. The Midwest-Northwest, Northeast-Midwest, and South Central-Southwest lanes had growth of 8.4 percent, 7.7 percent and 6.6 percent respectively. The trans-Canada and Southeast-Southwest recorded losses on international performance of 1.1 percent and 3.7 percent, and the Midwest-Southwest eked out 0.2 percent growth.

IMC growth slowed in Q3 compared to the first half of 2018. Total loads rose 4.6 percent after climbing over 10 percent in the second quarter. Combined highway-intermodal revenue remained in the double digits, however, growing 22.9 percent after posting 28.6 percent in Q2.

Intermodal Market Trends & Statistics is published quarterly by ื๎ะยย้ถนสำฦต for its members and is available on a subscription and individual copy basis for non-members. Members of the press may request a sample copy of the third quarter Intermodal Modal Market Trends & Statistics Report from Art Cleaver at acleaver@intermodal.org. The report features detailed analyses and reproducible graphical representations of Q3 2018 results.

ื๎ะยย้ถนสำฦตโ€™s roster of more than 1,000 corporate members includes railroads, ocean carriers, ports, intermodal truckers and over-the-road highway carriers, intermodal marketing and logistic companies, and suppliers to the industry. This roster gives ื๎ะยย้ถนสำฦต a unique position within the intermodal community, one which is authoritative, holistic and able to affect change that benefits everyone. ื๎ะยย้ถนสำฦต consistently supports the shared needs, interests, and goals of its diverse members โ€“ regardless of mode or function โ€“ with business solutions, education, and networking opportunities.

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