The North American intermodal market this year will likely be downright predictable compared to the volatility facing other transportation modes, particularly ocean shipping and air cargo. That’s less-than-thrilling news for investors, but a dose of much-needed certainty for shippers tired of wild rate fluctuations and sporadic service from other modes.
2014 Annual Review & Outlook - Rail & Intermodal
Despite the economic uncertainty the U.S. has experienced since 2008, domestic intermodal traffic in North America is growing robustly. Overall year-over-year volume growth through August 2013 was a healthy 6.8 percent. Domestic containers continue to see conversion from trailers in rail service — growing 9.7 percent, while trailer volumes shrank 2.9 percent, according to the Intermodal Association of North America, Yusen Logistics estimates and TTX fleet size data.