Container traffic at West Coast ports declined 3 percent in October compared to the same month last year. Imports were down 4 percent and exports dropped 2 percent.
News & Analysis
An index of U.S. intermodal rates fell more than $100 in the week ending Dec. 2, as all four directional indices decreased. The overall index rate of the top 36 U.S. lanes was down 5.1 percent, or $108, at $2,019, according to data on all-inclusive 53-foot door-to-door spot pricing quoted by railroads and provided by the 3PL IDS. This is the biggest drop in close to a year and the lowest rate since Aug. 19, 2013.