Subscribe to our free, weekly email newsletter!


IANA reports “surge” in domestic container volumes

IANA said that domestic intermodal’s strong pace was bolstered by a steep rise in diesel prices that likely made it more cost-effective for shippers to shift freight off the highway.
By Patrick Burnson, Executive Editor
August 10, 2011

A report issued by Intermodal Association of North America this week shows that domestic and international intermodal volumes posted solid gains in Q2 2011.

IANA’s “Intermodal Market Trends & Statistics Report” noted that domestic container volume grew 9.0 percent year-over-year – a stronger pace than during the previous two individual quarters. This rate of increase is especially impressive considering that the highest gain recorded (16.4 percent) was posted in Q2 2010.

Although domestic containers recorded significant increases, trailer volumes had more modest gains, rising 4.6 percent over 2010 levels – a slightly slower pace than in the previous quarters that likely represents a continued equipment shift toward domestic containers.

IANA said that domestic intermodal’s strong pace was bolstered by a steep rise in diesel prices that likely made it more cost-effective for shippers to shift freight off the highway.

Donald Pisano, chairman of the National Industrial Transportation League’s Ocean Transportation Committee, and chairman of the Traffic and Warehouse Committee at the Green Coffee Association, told LM that the trend to move cargo via intermodal is growing.

For a variety of reasons, this is gaining traction, he said.

As with other industry leaders, he also said it will have an impact on which seaports prosper in the future.

International intermodal volumes during the quarter increased 5.4 percent year-over-year. While this is the slowest rate of international growth since late 2009, IANA noted that previous quarters benefited from weak comparisons. International shipments also would likely have been higher were it not for the disasters in Japan that reduced the volume of Japanese imports, said IANA.

While the rate of intermodal growth slowed from the first quarter to the second quarter, it still remains in-line with many industry analyst estimates of 6-8 percent year-over-year expansion, said IANA spokesmen.

About the Author

image
Patrick Burnson
Executive Editor

Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at .(JavaScript must be enabled to view this email address).


Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

The International Air Transport Association (IATA) announced August 2014 data for global air freight markets showing continued “robust”growth in air cargo volumes.

Even though some of its key metrics dropped sequentially from August to September, the outlook for manufacturing over all remains strong, according to the most recent edition of the Manufacturing Report on Business issued today by the Institute for Supply Management (ISM).

Company officials said that these planned changes, which will take effect on January 4, 2015, will provide for increases in current pay rates and reduce the time it takes for its nearly 15,000 drivers to reach top pay scale.

While the economy has seen more than its fair share of ups and downs in recent years, 2014 is different in that it could be the best year from an economic output perspective in the last several years. That outlook was offered up by Rosalyn Wilson, senior business analyst at Parsons, and author of the Council of Supply Chain Management Professionals (CSCMP) Annual State of Logistics Report at last week’s CSCMP Annual Conference in San Antonio.

Matching last week, the average price per gallon of diesel gasoline dropped 2.3 cents, bringing the average price per gallon to $3.755 per gallon, according to the Department of Energy’s Energy Information Administration (EIA).

Article Topics

News · 3PL · Trucking · Railroad · All topics

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA