Media Kit » Try RailPrime™ Today! »
Progressive Railroading
Newsletter Sign Up
Stay updated on news, articles and information for the rail industry



This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.




railPrime
View Current Digital Issue »


RAIL EMPLOYMENT & NOTICES



Rail News Home Intermodal

11/8/2011



Rail News: Intermodal

IANA: Domestic container volumes jump, trailer volumes dip in 3Q


advertisement

Domestic container volume posted its strongest growth of the year in the third quarter and, despite a stagnant economy and falling diesel prices, overall intermodal volume still rose for the seventh-straight quarter, according to the Intermodal Association of North America’s (IANA) quarterly Intermodal Market Trends and Statistics report released yesterday.

Domestic container shipments jumped 9 percent year over year to 1.3 million units, slightly above the 8.8 percent and 8.6 percent upticks recorded in the first and second quarters of 2011, respectively. All domestic equipment volume rose 6.3 percent to 1.7 million units.

However, trailer volumes dipped 0.8 percent to 424,987 units compared with third-quarter 2010, possibly due to lower diesel prices, according to the report. International volume dropped as well, by 2.6 percent to 1.96 million units, as many ports posted declines in import volumes. International units handled by rail did not mirror that decline, though, “suggesting that international volume may have gained share from highway movements,” IANA said.

Total intermodal volume increased 1.4 percent year over year to 3.65 million units, a smaller growth rate than anticipated, due to “the economy’s fluctuations and very difficult comparisons to last year’s early peak, which was in August,” the report stated.