Third-Quarter Intermodal Rate Shows Growth, IANA Says
ntermodal growth rose 5.6% in the third quarter, making it the 14th straight quarter of growth, the Intermodal Association of North America said Friday.
Overall intermodal growth increased during the quarter as ongoing double-digit international gains were supported by a modest domestic container turnaround, the group said in a statement.
Trailer volume fell 2.1%, but domestic containers rose 1.2%, international containers jumped 10.2% and domestic equipment fell 0.3%, IANA said.
Trailer volume declined for a third straight quarter, with volume off in seven of IANA’s nine regions, but the rate of decline slowed. This, combined with renewed domestic container growth, resulted in a slight overall domestic decline.
Hurricanes Katrina and Rita only modestly affected intermodal volumes during the quarter, IANA said.