A podcast we love? “State of Freight,” by FTR’s VP of Intermodal, Todd Tranausky. This episode features some great stats on intermodal — a hot-button sector of the industry.

Todd explains that intermodal has seen a lot of growth, as well as some setbacks, over the past few years. Intermodal was on a major rise during the first half of last year. While today’s numbers aren’t comparable, they’re nothing to sneeze at. Todd predicts we’ll see year-over-year growth beginning after July 4th.

Intermodal, as Todd puts it, is a “tale of two sectors”: trailers and containers — both of which are experiencing varied success rates. Trailers are continuing down the road of “sustained weakness,” and are consistently 25% (or more) lower in volume this week than they were this time last year. Todd asks, could this be the end of the trailer market? We saw the end of that market in Canada many years ago. Is the US following suit?

Containers, on the other hand, are over-performing, to make up for the trailer sector’s weaknesses. While containers aren’t back to last year’s levels, they’re moving closer.

What’s Todd’s takeaway when it comes to intermodal shipping? There’s reason to be optimistic. Yes, intermodal shipping has experienced setbacks, like the Chinese port lockdowns and the west coast labor agreement. However, the trends are pointing upward.

We’re excited to see what’s in store for intermodal shipping during the second half of the year.

To listen to the full “State of Freight” podcast, click here.

And check out our April webinar on today’s hot topics in rail, on which Todd was a panelist!

 

Recent Posts

Long freight train
Daily container volume BNSF Eastbound Intermodal December 2023 to May 2024 and 7-day moving average
Train volume westbound into Port of Vancouver through May 2024
RailState Logo

Copyright © 2024

RailState LLC