Intermodal Volume Rose 4.5% in Second Quarter

The Intermodal Association of North America said that intermodal volume rose 4.5 percent to nearly 4.5 million units in the second quarter of 2017 when compared with the same period of last year.

In a news release, IANA said the increase marked the strongest growth in nearly three years.

International intermodal traffic — which surged 5.6 percent to 2.2 million units the second quarter of this year — was the primary driver of the overall increase.

The shipment of domestic containers increased 3.2 percent to nearly 1.9 million units, while trailer volumes jumped 3.9 percent to 302,372 units in the quarter compared with the same period a year ago.

“Growth in Q2 indicates that economic conditions continue to improve for all segments of the intermodal market,” said IANA President and CEO Joni Casey. “Year-to-date performance is a healthy 3.3 percent, notwithstanding a weak year-over-year comparison for the second quarter.”

The seven highest density trade corridors accounted for 63.4 percent of total intermodal volume. Collectively, volume in those trade corridors rose 4 percent in the quarter over the year-ago period.

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