International freight drives Q3 intermodal gains

Total intermodal volume in the third quarter increased 9.8% year over year as international containers gained 15.4% and domestic containers were 6% better.

Trailers fell 11%, according to the Intermodal Association of North America.

“International volume continued to be the growth engine in the third quarter,” said Joni Casey, president and chief executive of IANA, in a release. “We expect this strength to drive overall traffic through the end of the year.”

The seven highest-density trade corridors, which collectively handled more than 60% of total volume, were higher in the quarter. The Southeast-Southwest led all gainers, up 25.9%, followed by the South Central-Southwest, 23.8%, Midwest-Northwest, 23.2%, and the highest-volume Midwest-Southwest corridor, 17%.

Trans-Canada traffic was ahead by 7.4% percent, trailed by the Intra-Southeast, 2.7%, and the Northeast-Midwest, 0.4%.

Total intermodal marketing company volume grew by 2.8% from third quarter 2023 on intermodal traffic better by 9.5% and highway loads off 5.8%.

Find more articles by Stuart Chirls here.

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