APL Logistics said it is outperforming the U.S. intermodal market since its reentry into the business last year after a decade-long absence.
U.S. trailer/container volumes moving by road grew 7.8 percent year-over-year in the first half of 2011, but APL Logistics President Jim McAdam said his division is experiencing “double-digit growth.“
“It has been strong this year and we have seen some exciting growth as we rebuild APL intermodal rail solutions,” he said. “Part of this has been because of market growth, and part of it has been because we’ve been able to procure customers.”
Wolfe Trahan research group said U.S. shippers during the second quarter shifted freight from all-truck modes to intermodal at the fastest pace in eight years.
McAdam predicted further intermodal growth as more cargo moved from road to rail due to truck driving recruiting difficulties, environmental concerns and the high price of fuel.
“It was harder than we thought to get all the equipment,” he said. “Even though we started working on our reentry into the domestic intermodal segment last year, we could only take delivery of our first order of domestic 53-foot boxes only middle of this year.
Now, APL has the equipment and is working with all major railroads.
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