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North American intermodal enjoys 4.6pc increased growth in 2013
NORTH America's intermodal transport grew 4.6 per cent in 2013 year on year, according to the Intermodal Association of North America's (IANA) fourth quarter and year-end Intermodal Market Trends & Statistics.
Domestic container volume, which doubled over the past 10 years, outperformed other markets in 2013, capping the year with a 9.4 per cent increase, which was consistent with fourth quarter growth of this segment at nine per cent.
"This has been a banner year and quarter for intermodal, underscoring the strong alternative it provides to over-the-road transport," said president and CEO of IANA, Joni Casey. "All markets performed exceptionally well during the fourth quarter, with both international and intermodal trailers recording their best improvement in years."
International intermodal continued its comeback from previous quarters and last year recorded growth of 2.3 per cent, as compared to 1.8 per cent in 2012. In the fourth quarter the same sector rose by 5.9 per cent over Q4 2012.
Due to depressed Q4 2012 loadings, a bump in international containers was expected, but this quarter's uptick was enough to suggest a trend rather than easy year-over-year comparisons, according to the American Journal of Transportation.
The increase posted by trailers was particularly impressive in Q4, reaching five per cent and nearly reversing exceptionally slow performance in the first part of the year. Overall, trailer shipments ended the year only 0.7 per cent below 2012.
Of the seven major volume corridors within the United States, the Midwest-Southwest was the clear winner. The lane expanded 12.9 per cent when compared with last year's Q4. The intra-Southeast also beat industry expectations, due to a marked domestic container boost. Overall, key corridor growth increased 5.9 per cent during the quarter.
Domestic container volume, which doubled over the past 10 years, outperformed other markets in 2013, capping the year with a 9.4 per cent increase, which was consistent with fourth quarter growth of this segment at nine per cent.
"This has been a banner year and quarter for intermodal, underscoring the strong alternative it provides to over-the-road transport," said president and CEO of IANA, Joni Casey. "All markets performed exceptionally well during the fourth quarter, with both international and intermodal trailers recording their best improvement in years."
International intermodal continued its comeback from previous quarters and last year recorded growth of 2.3 per cent, as compared to 1.8 per cent in 2012. In the fourth quarter the same sector rose by 5.9 per cent over Q4 2012.
Due to depressed Q4 2012 loadings, a bump in international containers was expected, but this quarter's uptick was enough to suggest a trend rather than easy year-over-year comparisons, according to the American Journal of Transportation.
The increase posted by trailers was particularly impressive in Q4, reaching five per cent and nearly reversing exceptionally slow performance in the first part of the year. Overall, trailer shipments ended the year only 0.7 per cent below 2012.
Of the seven major volume corridors within the United States, the Midwest-Southwest was the clear winner. The lane expanded 12.9 per cent when compared with last year's Q4. The intra-Southeast also beat industry expectations, due to a marked domestic container boost. Overall, key corridor growth increased 5.9 per cent during the quarter.
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