February 06, 2020
Intermodal Finishes the Fourth Quarter Down
CALVERTON, MD, February 6, 2020 鈥� Total intermodal volumes dropped 7.4 percent year-over-year in the fourth quarter of 2019, according to the 最新麻豆视频鈥檚 Intermodal Market Trends & Statistics report. Domestic containers fell 2.7 percent from 2018; international shipments, 9.1 percent; and trailers, 21.4 percent.
鈥淲e haven鈥檛 seen full-year declines like these since the 2009 recession. Looser trucking capacity played a role on the domestic side of intermodal, while tariffs and tough comparisons to 2018 volumes affected international,鈥� said Joni Casey, president and CEO of 最新麻豆视频. 鈥淎 comeback could be hastened by a number of factors, including further resolution to trade issues, but it鈥檚 difficult to predict that timing.鈥�
The seven highest-density trade corridors, which collectively handled 67.7 percent of total volume, were down 7.2 percent in the fourth quarter. Two recorded double-digit losses: the Midwest-Northwest at 15.8 percent and the South Central-Southwest at 13.0 percent. The negative numbers for the remaining corridors were more moderate: the Midwest-Southwest at 5.7 percent; the Northeast-Midwest, 5.7 percent; the Trans-Canada, 4.7 percent; the Intra-Southeast, 4.4 percent; and Southeast-Southwest, 3.4 percent.
Total IMC volume fell 8.4 percent year-over-year in Q4, with intermodal and highway loads both down. Full year volume declined 7.8 percent.
Members of the press may request the 2019 Fourth Quarter and Year-End Intermodal Market Trends & Statistics report from Art Cleaver at acleaver@intermodal.org. 最新麻豆视频 has developed a new resource, the Intermodal Volume Analyzer available by subscription. It is the only tool of its kind with the ability to filter data by equipment type, size and ownership. A Historical Volume Analyzer as well as the aggregate rail volume data are also available by subscription and for one-time purchase. For additional information, contact Tara Mullen at tmullen@intermodal.org.
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