Intermodal has not been immune to the freight slump weighing the whole freight sector, but the numbers could be surprising. Year-to-date, intermodal volume has grown 3.8%, on top of 8.5% growth in 2024. The fourth quarter will be the most challenging of 2025, but full year projections are in positive territory.
The longer-term outlook, however, remains unclear. Globalization is being tested by tariffs and other trade barriers as the current administration seeks to reshore manufacturing — notwithstanding the China détente at the time of writing. Around 60% of intermodal traffic is import-driven. How will the industry adapt?
Fortunately, it is resilient. As the current trade policy has disrupted imports, the railroads have focused on interline synergies, doubling down on regional and international connections; as a result, the railroads are running well. Ocean liners have adjusted their fleets in the face of port fees that were about to go into effect. While some drayage carriers have suffered the general slowdown, others have seen opportunity.
Likewise, the 3PLs and suppliers that support the carriers have responded with innovation, including a steady stream of visibility solutions. A walk through this year’s Intermodal EXPO exhibit floor brought this to life: TMS-integrated tracking devices, AI-enabled scanning platforms and a roadside camera network were among the products enhancing monitoring and delivery.
As an association, IANA is stepping up to highlight with lawmakers the importance of the industry. A Surface Transportation Reauthorization bill that meets intermodal’s infrastructure needs and reforms bureaucratic permitting processes is just one of our priorities. Legislative action on the growing threat of cargo theft is another, along with protections for independent contractors in the drayage space.
Intermodal may be surviving the freight slump, but we want it to thrive. A ten-year look back shows growth that trails GDP, and the headwinds it faces are challenging. Regaining market share will be key to our efforts as we look to 2026 and beyond.