Intermodal is containing the truckload market
Could intermodal be capping the truckload market’s potential breakout?
Could intermodal be capping the truckload market’s potential breakout?
U.S. intermodal volumes actually grew in September, according to the Association of American Railroads. And with the harvest season in full swing in the fourth quarter, expect rising grain volumes.
U.S. freight railroads moved fewer volumes in 2022 than 2021 amid declines in intermodal traffic, according to recent industry data.
The pace of U.S. rail volume growth slowed in July, according to Association of American Railroad data. But still expect intermodal growth through 2021 in North America, the Intermodal Association of North America said.
U.S. rail carloads showed strength in 19 of 20 commodity categories in June. Second-quarter intermodal traffic climbed 22% even with network congestion and equipment shortages as the backdrop.