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Rail News Home Intermodal

10/31/2024



Rail News: Intermodal

IANA: International volume gained momentum in Q3


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Total intermodal volume rose 9.8% to 4,627,631 units year-over-year in third-quarter 2024, according to the Intermodal Association of North America.

International containers in Q3 climbed 15.4% to 2,317,879 units and domestic containers rose 6% to 2,167,091. However, trailers fell 11% to 142,661 units, IANA officials said in a press release.

"International volume continued to be the growth engine in the third quarter,” said IANA President and CEO Joni Casey. “We expect this strength to drive overall traffic through the end of the year.”

All the seven highest-density trade corridors, which collectively handled more than 60% of total volume, were up. The Southeast-Southwest climbed 25.9%, followed by the South Central-Southwest at 23.8%. The Midwest-Northwest rallied 23.2%, while the Midwest-Southwest, the highest volume corridor, advanced 17% percent.

The Trans-Canada came in at 7.4%, and the Intra-Southeast registered 2.7%. The Northeast-Midwest eked out 0.4%.