Friday, August 20, 2010

Intermodal Volumes on the Rise

(Materials Management & Distribution)

Second-quarter numbers show record growth

If the second-quarter results are any indication, the intermodal freight sector is recovering nicely from the recession. According to the U.S.-based Intermodal Association of North America (IANA), overall intermodal volumes were up 17.2% compared to the second quarter of 2009.

Domestic container volumes rose 16.4% to 1,128,108 units – a new record high. This marked the 20th consecutive quarter of growth for domestic containers. At 406,080 units, trailer volumes were up five percent, but are expected to further decline later this year. Read more here.