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2/1/2022
Total intermodal volume fell 9.8% year over year in fourth-quarter 2021, according to the Intermodal Association of North America's (IANA) Intermodal Quarterly report.
All market segments showed year-over-year declines: international containers fell 16.2% to 2,013,879 units; trailers fell 10.9% to 306,344 units; and domestic containers fell 2.4% to 2,076,790 units.
However, total intermodal traffic rose 3.6% to 18,435,249 units for all of 2021 compared with 2020.
"Although Q4 volumes were down, intermodal loads grew during 2021, albeit at a much slower rate than the previous year," said Joni Casey, president and CEO of IANA, in a press release. "Performance continues to be affected by the virus, as well as network congestion and the intermittent scarcity of equipment and labor."
The seven highest-density trade corridors, which collectively handled more than 60% of total volume, were all down in Q4 2021. The Trans-Canada corridor, with a 21% deficit, led the losses, followed by the South Central-Southwest, Midwest-Southwest and Intra-Southeast at 14.7%, 13.3% and 11.1%, respectively.
The Southeast-Southwest dropped 9.9%; the Northeast-Midwest fell 3.8%, and the Midwest-Northwest held losses to 1.4%.