Intermodal traffic posted strong gains in the last quarter of 2017 and throughout the year as a whole the Intermodal Association of North America reported.
IANA attributed the traffic gains to strong flows of international containers.
During the fourth quarter, international container volume grew 7.7 percent year over year to 2,288,756 units, contributing to a 5.8 percent gain in total intermodal volume, which reached 4,607,656 units in the period
Also in the quarter, total domestic equipment volume rose 4 percent to 2,318,900 units, the domestic container count increased 2.5 percent to 1,946,313 units and trailer traffic jumped 12.2 percent to 372,587 units compared with fourth-quarter 2016 figures.
IANA said the seven highest-density trade corridors accounted for 62 percent of total volume in the fourth quarter, a gain of 3.7 percent collectively.
For all of 2017, total intermodal volume rose 4.7 percent to 17,935,309 units in 2016.
On a year-over-year basis, international container traffic increased by 6.2 percent to 9,067,555 units, total domestic equipment volume rose 3.2 percent to 8,867,754 units, the domestic container count increased 2.7 percent to 7,561,472 units and trailer traffic jumped 6.4 percent to 1,306,280 units.
“Intermodal delivered in 2017, thanks in large part to growth on the international side,” said IANA President and Chief Executive Officer Joni Casey in a statement. “The imbalance between imports and international volumes during 2016 has reversed, resulting in a strong … gain for the year.”
Tags: intermodal, Intermodal Association of North America, intermodal traffic, Joni Casey
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