U.S. intermodal rates continue to show mixed changes during the week of March 11, according to weekly data on all-inclusive 53-foot door-to-door spot pricing quoted by railroads and provided by the 3PL IDS.
All-in 53-Foot Door-to-Door Spot Intermodal Rates
East to West Rates
East-west lanes and south-north lanes had rate decreases, north-south lane rates remained the same, and west-east lane rates increased. IDS Executive Vice President Rick LaGore explained that there was a "slight decrease in the index this week as the fuel rates dipped slightly." East-west spot rates fell 1.3 percent or $22.78 to $1,746 per all-in 53-foot move. West-east rates edged up 0.3 percent for a second week in a row to $2,478, an increase of $6.92. North-south rates remained at $1,994 for a second week, and south-north rates dropped 0.9 percent or $15.71 to $1,729.
Rates varied but mostly decreased across lanes this week. The largest decreases were in the lanes going to Los Angeles. The rate for North Kearny, N.J.-Los Angeles, an east-west lane, showed the largest drop for all lanes this week, down 11.4 percent or $215 to $1,665. Atlanta-Los Angeles fell 4.8 percent or $90 to $1,780. The rate from Chicago to Los Angeles was down 5.7 percent or $90 to $1,480. Other east-west lanes dropped less dramatically. Atlanta-Dallas fell 0.3 percent or $5 to $1,680, whilande Chicago-Denver was down 0.2 percent or $5 to $2,655.
LaGore also mentioned that “CSX is pushing the pricing on key cities back to LA, with Chicago to LA, Atlanta to LA and North Kearny to LA seeing some of the biggest decreases this week outside of just the general shift from fuel.”
As for the west-east lanes, Chicago-New Jersey showed the greatest upward movement with a 4.3 percent or $65 increase to $1,585. Los Angeles-Atlanta rose 1.7 percent or $50, raising the rate to $3,000. The other west-east lanes had minimal changes. Los Angeles-Dallas dropped 0.4 percent or $10 to $2,470. Los Angeles-New Jersey was $3,528, down 0.3 percent or $12. Los Angeles-Chicago was up 0.2 percent or $5 to $2,330, and Seattle-Chicago slid down 0.3 percent or $5 to $1,945.
Southbound lanes generally remained flat this week. Chicago-Dallas dropped 0.2 percent or $5 this week to $2,095 after an 8.7 percent decrease last week. New Jersey-Atlanta stayed flat at $995. Northbound lanes showed an overall decrease this week. The rate from Dallas to New Jersey fell 3.1 percent or $70 to $2,200 this week after dropping 9.2 percent last week. The Atlanta-Seattle rate dropped 0.2 percent or $5 to $2,850.