December 19, 2019
November intermodal volumes continued an ongoing run of declines, according to data provided to LM by the Intermodal Association of North America (IANA).
Total shipments for the month—at 1,441—were down 18.5% annually. Domestic containers—at 653,626—saw a 2.6% decline, while trailers—at 93,147—slumped 24.5%. All domestic equipment—at 746,773—was off 6%. ISO, or international, containers—at 694,501—saw an 11% decline.
On a year-to-date basis through November, IANA reported the following:
- domestic containers fell 4.7% to 6,975,343;
- trailers were down 14.8% to 1,123,614;
- all domestic equipment was off 6.2% to 8,098,957; and
- ISO containers slipped 1.4% to 8,638,016
These numbers are in line with how current intermodal market conditions have played out for several months, with myriad factors that have influenced intermodal throughout the year remaining intact, including loosening truck capacity putting pressure on domestic intermodal, and changes in trade policy eating away at container volumes and subsequently international traffic.
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Source: Logistics Management