U.S. intermodal rates fell slightly in the week of Sept. 9, slipping from a 90-day high last week, according to data on all-inclusive 53-foot door-to-door spot pricing quoted by railroads and provided by the 3PL IDS. The overall rate declined $2 this week to $2,032, after climbing $25 during the prior two weeks.
The top 12 and top 18 combined lanes, which include those serving Los Angeles, Chicago, New York, Dallas, Atlanta and Seattle, saw decreases as well, although the top 12 index’s fall was steeper. The top 18 index inched down $2 to $1,937, while the top 12 fell $8 to $2,100.
East-west rates edged down 0.7 percent, or $12, to $1,772 in the week of Sept. 9. Five of the past eight weeks have seen drops in this lane. The current rate is 0.4 percent below the rate seen in the first week of 2013. Westbound lanes saw mostly slight increases, but a 8.9 percent or $185 tumble in the New Jersey-Los Angeles lane pulled down the whole directional index. This individual lane now stands at a rate of $1,905.
West-east spot rates rose this week, climbing 0.5 percent or $11 from the week of Sept. 2, to $2,403. The current rate is 4.1 percent lower than at the beginning of the year. Los Angeles-Houston had the largest increase: 2.3 percent, or $50, to $2,245.
North-south rates slipped 0.6 percent, or $11, to $1,889 in the week of Sept. 9. The current index remains 5.2 percent below the rate at the beginning of 2013. Most individual southbound trade lanes edged up minimally, but large drops in outbound New Jersey lanes brought the index down: New Jersey to Dallas fell 5.1 percent or $100 to $1,845, and New Jersey to Atlanta dropped 4.3 percent or $40 to $885.
Rates for south-north lanes dipped 0.2 percent or $4 this week. The index stood $1,836, up 4.9 percent from the first week of 2013. Los Angeles to Tacoma tumbled 16.6 percent, or $490, to $2,460; all other south-north lanes increased or remained unchanged from the week prior.