Intermodal Volume Down 1%in 3rd Quarter

The Intermodal Association of North America said this week that during the third quarter intermodal volume fell 1.0 percent compared with the same period of 2021.

IANA said intermodal trailer traffic for the third quarter was down 27.7 percent, but domestic containers and international containers were up 1.5 percent and 0.1 percent, respectively.

The seven highest-density trade corridors handled more than 60 percent of intermodal volume.

The Trans-Canada corridor and Midwest-Southwest corridor saw volume increase by 6.1 percent and 1.7 percent, respectively.

But Midwest-Northwest volume fell 14.7 percent decline. The South Central-Southwest and the Southeast-Southwest volume wad down 3.9 percent, Intra-Southeast fell by 8.5 percent, and the Northeast-Midwest dipped by 0.5 percent.

“The positive numbers for domestic and international containers are an indication of increasing network fluidity and reduction in congestion,” IANA President and CEO Joni Casey said. In a statement Casey said additional gains in the fourth quarter are expected to offset some of the losses experienced during the first half of 2022.

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