Domestic intermodal volumes already elevated compared with a year ago and there are signs that international intermodal is on the upswing too.
Thursday October 1, 2020
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Intermodal Shipping
Intermodal Shipping
News, data and analysis of the various factors that are driving the continued expansion of intermodal shipping activity around the globe.
Steady growth in the number of road freight carriers is leading to greater traffic congestion and costly delays in the delivery of goods to end-users in business and consumer markets. Governments and regulatory bodies are introducing costly, stringent regulations to reduce vehicle emissions. Intermodal infrastructures are improving, along with other advances in technology for managing complex supply chains that operate across various modes of transportation.
All of those factors are compelling many companies to use an intermodal combination of sea, road and railways to transport their goods on longer routes, rather than depend on a single mode of transportation. The cost-reduction benefits are significant for shippers, buyers, freight forwarders and other stakeholders in the supply chain.
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News & Analysis
11 Sep 2020
The surge in domestic intermodal has spread from Los Angeles to Oakland-Lathrop and Union Pacific will raise surcharges on shippers to ensure equipment is available for core customers.
09 Sep 2020
When it comes to the Inland Point Intermodal market, it’s a 40-foot world; thus far in 2020, 40-foot containers comprise just over three out of every four IPI revenue moves.
01 Sep 2020
Third-party logistics provider Transplace looks to expand its shipper customer base through the acquisition of LeanCor, a supply-chain company focused on lean manufacturing.
06 Aug 2020
Intermodal volume, rates, and savings have been on a rollercoaster this year, surging this summer to levels higher than a year ago after steep declines this spring during the height of the pandemic.
29 Jul 2020
The COVID-19 pandemic, hopping from one hotspot to another, is scattering pieces of the supply chain capacity puzzle, leading to “dislocation,” J.B. Hunt’s Shelley Simpson says.
29 Jul 2020
Small shippers will have to pay a $500 surcharge on excess cargo on Union Pacific, as both western US Class I railroads struggle to handle the surge in volume out of Los Angeles.
24 Jul 2020
Union Pacific Railroad blames volatile swings in volume for congestion in Los Angeles in June, but intermodal marketing companies say it remains difficult to find space on trains because of a surge in e-commerce business.
23 Jul 2020
After wild swings in intermodal volume in the second quarter, CSX Transportation and Union Pacific Railroad are cautiously optimistic about peak season volumes, while realizing pandemic disruptions are lurking.
17 Jul 2020
Despite an unexpected uptick in intermodal volume to close the second quarter, J.B. Hunt Transport Services says third-quarter consumer demand remains unpredictable due to the effects of the COVID-19 pandemic.
07 Jul 2020
Intermodal shippers are increasingly putting pressure on 3PLs to waive container fees as a precondition for business amid the coronavirus-linked recession.
09 Jun 2020
Intermodal is not seeing the same rebound in demand as trucking since the economic shutdown owing to the COVID-19 pandemic, and research firm FTR Associates does not believe containerized rail volume will fully recover to 2019 levels until sometime in 2021.
01 Jun 2020
The acquisition of FMIC from Chainalytics helps transform DAT Solutions into a broader freight intelligence business aimed at enabling shippers, brokers, and truckers to understand freight costs and pricing.
21 May 2020
Domestic intermodal volume in April suffered its worst month in eight years because of the COVID-19 pandemic, with intermodal marketing companies saying May might end as poorly, if not worse.
11 May 2020
A refrigerated rail service sold by Union Pacific Railroad to shippers has shut down amid the COVID-19 downturn in volumes and competition from rival BNSF Railway and other large IMCs.
08 May 2020
JOC’s Spot Intermodal Savings Index hit an 14-month low in a preliminary April reading, the first snapshot of how the COVID-19 pandemic has altered the math on how much money intermodal can save a shipper.
29 Apr 2020
Norfolk Southern Railway insists that no matter how far truck rates fall, it will not chase the market down by providing unsustainable rates to shippers, but rather focus on innovative ideas such as mixed trains.
23 Apr 2020
North American intermodal volume may plunge as much as 25 percent in the second quarter, so railroads believe the right strategy is to focus on cost-cutting while providing reliable service.
15 Apr 2020
J.B. Hunt Transport Services acknowledges a rough second quarter is ahead, while there’s much unknown about how severe the impact of the coronavirus disease (COVID-19) on business conditions will be.
09 Apr 2020
Intermodal volume last week was the weakest in a nearly a decade as the coronavirus disease (COVID-19) has wreaked havoc on the railroads, which an industry analyst believes could cost Class I railroads $9 billion dollars.
06 Apr 2020
The 50 largest US trucking operators in the United States saw revenue growth throttle back considerably in 2019, but 2020 is shaping up to be even worse.
01 Apr 2020
Alameda Corridor Transportation Authority this year will feel the declining revenue effects of the economic recession projected to impact Los Angeles and Long Beach and all North American ports.
26 Feb 2020
Domestic intermodal volumes rose in January year on year, but there is little else for intermodal marketing companies (IMCs) to feel good about right now.
13 Feb 2020
Non-asset intermodal providers want railroads to be more lenient on container charges and late fees when bidding for shipper business in order to become more competitive with the likes of J.B. Hunt Transport Services.
11 Feb 2020
Railroads are more conciliatory in negotiating contract rates than a year ago, hungry to recapture freight lost to trucking. One logistics executive called the railroads’ stance “a complete 180 from last year.”
06 Feb 2020
There are no positives to be found in the Intermodal Association of North America’s latest market report, which shows year-over-year volume fell 7.4 percent in the fourth quarter of 2019 and 4.1 percent for the full year, with declines in all types of containers.
05 Feb 2020
Amid weak intermodal volumes in 2019, the JOC Domestic Intermodal Savings Index shows spot and contract savings are lower than historical averages, although the year closed stronger for shipper savings on the spot market.
29 Jan 2020
Railroads and intermodal providers say there will be more volume in 2020 than last year, although shipper demand will not fully recover until the second half of this year.
28 Jan 2020
Union Pacific Railroad will resume service on nearly 60 previously eliminated lanes beginning Feb. 1, a move it linked to its precision scheduled railroading operation, but others said was designed to win back lost market share.
27 Jan 2020
Despite stiff truck competition, East Coast ports have taken aggressive steps to capture more intermodal cargo and spend significant capital to build out rail infrastructure.
21 Jan 2020
The migration of North American import cargo from west to east has been accelerating, a trend that could have negative implications for Inland Point Intermodal (IPI).
17 Jan 2020
Dedicated contract carriage, final-mile service, and a digital marketplace helped carry J.B. Hunt through a tough fourth-quarter intermodal and trucking market.
10 Jan 2020
The intermodal picture at the start of 2020 is lackluster because the trucking market isn’t on the verge of a major rebound unless there is an economic catalyst.
07 Jan 2020
The US-Mexico-Canada Agreement may speed the processing of goods at US borders, but won’t necessarily speed transportation at the congested Mexican border, experts warn. That will require further investment in infrastructure and technology.
02 Jan 2020
Union Pacific Railroad has been suffering technical issues with its gates at Chicago’s Global 4 terminal, causing major congestion and delays in cargo deliveries.
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Commentary
Industry 4.0 — the next supply chain revolution