Logistics News

IANA reports Q3 volume gains but at a lower rate

Total third quarter intermodal volume movements, at 4,843,308, headed up 4.7% annually.

Data issued this week by the Intermodal Association of North America (IANA) in its “Intermodal Market Trends & Statistics Report” pointed to continued intermodal volume growth in the third quarter, albeit at somewhat reduced levels.

Total third quarter intermodal volume movements, at 4,843,308, headed up 4.7% annually. On a sequential basis, this tops the second quarter’s 4,741,054 and the first quarter’s 4,547,247, with the first quarter tally, at that time, having stood as the best quarter for intermodal in nearly four years, going back to the second quarter of 2014.

While total volume output hit a new high, the 4.7% annual rate of growth was down compared to the first quarter and second quarter annual spreads of 7.2% and 6.2%, respectively.

International, or ISO, containers again paced all intermodal segments volume-wise, rising 4.4% to 2,469,079, which was down compared to the second quarter’s 4.8% annual gain and ahead of the first quarter’s 1.3% increase. Domestic containers headed up 3.9% to 2,013,379, which trailed the second quarter’s 6.1% annual bump and the first quarter’s 6.1% increase. Trailers continued to remain on a strong growth track, rising 12.1% to 359,850, down from 18.1% and 14.5% annual gains in the second and first quarters, respectively.

In the report, IANA explained that the slower growth rate can be largely attributed to stronger annual volume comparisons, as intermodal volumes for the first half of 2017 was weaker and saw a significant uptick in the second half of the year.

What’s more, IANA noted with intermodal growth slower in the third quarter than the first half of 2018, it expects that pattern to continue into the fourth quarter, with gains still expected to remain solid. And it also said that stronger annual comparisons are a key to the fourth quarter, as are slower imports and tighter capacity. 

IANA President and CEO Joni Casey explained in an interview that one of the key factors leading to total third quarter volumes coming in softer than the first half of the year was due to international movements.

“International loads were higher earlier in the year as a result of imports being ‘pushed forward’ in advance of new tariffs on Chinese imports,” she said. “Also, Q3 volumes, while still showing gains, were subject to tougher comparisons from last year’s traffic. U.S. East Coast volumes were driven by higher all water movements from East Asia as well as North/South loads.”

As for the decline of domestic containers, Casey said that they were impacted by tougher annual comparisons, which contributed to smaller gains for the segment compared to international loads, with spot capacity issues and equipment dislocations also factored in, too.

With the fourth quarter nearly one-third complete, Casey said intermodal traffic patterns are “normalizing" prior to entering peak holiday shipping season. 

“Another rise is expected in the latter months of the year based on anticipated increases in e-commerce volumes, as well as potential import volume surge in advance of additional tariffs kicking in as of January,” she said.


Article Topics
containers   IANA   Intermodal   Intermodal Association of North America   Trailers   All topics


Comments
You must be logged in to post a comment. Login.

About the Author
Jeff Berman, Group News Editor
Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. Contact Jeff Berman
 
Latest Logistics News
Telematics Help Fleets Improve Supply Chain Management
Digital logistics and efficient fleet management are an important facet of the developing intelligent city and using telematics to monitor the location, movement, and status of vehicles helps build a comprehensive…

Tapestry Solutions Continues Support for U.S. Transportation Command SMS/CMS Mobility Systems
Single Mobility System, or SMS, provides aggregated tracking and visibility for all U.S. military cargo and passenger movements over land, air, and sea.

How High Driver Turnover in Less-Than-Truckload Carriers Impacts Shippers’ Freight Spend
Higher driver turnover in 2019 will be inevitable, and with less than two months remaining in 2018, the best thing carriers and shippers can do today is to work on reducing the burden and stress on drivers.

LTL DIM Pricing: Why Less-Than-Truckload Is Moving to Dimensional Based Pricing
Unfortunately, the use of Less-Than-Truckload DIM pricing is often overlooked for a simple reason; DIM pricing is usually associated with overnight shipping and parcels, not LTL.


 

24|7 Pro Team

The 24|7 Team is your direct pipeline to solutions for your business challenges. It's your opportunity to have supply chain and logistics experts look at your specific challenges and needs, and give you free, no-obligation advice, solutions, and information.

The 24|7 Team will simplify the task of creating a database of likely partners, building your knowledge base, and preparing your Request for Proposal list.

1
  Choose a topic for your RFP

Transportation RFP/RFI

The Transportation RFP is your direct pipeline to solutions for your transportation challenges. It's your opportunity to have logistics experts look at your specific transportation challenges and needs, and give you free, no-obligation advice, solutions, and information specific to your request.

Choosing the perfect software or system can be an indomitable challenge. Using this transportation/TMS RFP will simplify the task of creating a database of likely partners, building your knowledge base, and preparing your Request for Proposal list.

Warehouse/DC Management RFP/RFI

The Warehouse Management Systems (WMS) RFP is your direct pipeline to solutions for your WMS challenges. It's your opportunity to have logistics experts look at your specific WMS challenges and needs, and give you free, no-obligation advice, solutions, and information specific to your request.

Choosing the perfect WMS solution can be an indomitable challenge. Using this WMS RFP will simplify the task of creating a database of likely partners, building your knowledge base, and preparing your WMS Request for Proposal list.

Supply Chain RFP/RFI

The Supply Chain RFP is your opportunity to have logistics experts look at your specific challenges and needs, and receive free, no-obligation advice, solutions, and information. It simplifies finding a pool of likely partners, building your knowledge base, and preparing your Request for Proposal list. The companies in the Logistics Planner have agreed to respond to your request for in-depth information and follow-up, and your request is totally confidential.

Software/Technology RFP/RFI

The Software/Technology is your direct pipeline to solutions for your logistics information technology challenges. It's your opportunity to have logistics experts look at your specific technology challenges and needs, and give you free, no-obligation advice, solutions, and information specific to your request. Whether it's WMS, TMS, Mobile or Cloud, our pros can help.

The companies listed below have agreed to respond to your request for in-depth information and follow-up. Your request is totally confidential.

Executive Education RFI

The Logistics and Supply Chain Education RFI can help you identify the schools, coursework, continuing education, distance learning and certification opportunities available from leading logistics educational institutions.

Upgrade and improve your logistics and supply chain skillsets. Whatever route you choose—advanced degree, executive education, certification or distance learning—the time and money you invest in your education today can pay off in continued career success tomorrow. Contact leading universities and professional institutions for the information you need to prepare for the future.

Third Party Logistics RFP/RFI

This 3PL Request for Proposal (RFP)/Request for Information (RFI) can help you find the 3PL and 4PL providers that can meet your specific 3PL service challenges and needs. The 3PL companies below will provide free, no-obligation third-party logistics advice, solutions, and information.

Ask your 3PL questions, you'll get answers. Simply complete the information, and detail your 3PL challenges. Then, check off the third-party logistics companies that you want to review your request.

1. Choose an RFI topic.
2. Enter your contact information and challenge.
3. Select companies and optional categories.
4. Submit.


2

Your Information



Your Challenge, Problem or Request *

3

Select Transportation Companies

  • Select All

  • 3Gtms
  • BluJay Solutions
  • CSX Trans. Intermodal
  • Kuebix
  • Landstar
  • Legacy Supply Chain Svs.
  • One Network
  • Pitt Ohio
  • Purolator
  • Quintiq
  • SEKO Logistics
  • SMC3


Select Relevent Categories

  • Air Freight
  • Intermodal
  • Motor Freight
  • Ocean Freight
  • Rail Freight
  • TMS

Select Warehouse/DC Management Companies

  • Select All

  • 3PL Central
  • Apex Supply Chain Tech.
  • Honeywell Intelligrated
  • Kuebix
  • Legacy Supply Chain Svs.
  • Swisslog
  • Westfalia Technologies
  • Zebra Technologies


Select Relevent Categories

  • Auto ID & Data Capture
  • Automation
  • Conveyors & Sortation
  • Lift Trucks
  • Packaging & Labeling
  • Pallets & Containers
  • Shelving & Racking
  • WMS

Select Supply Chain Companies

  • Select All

  • 3Gtms
  • 3PL Central
  • Amber Road
  • Apex Supply Chain Tech.
  • APICS
  • BluJay Solutions
  • CSX Trans. Intermodal
  • Frontier Business
  • Kuebix
  • Landstar
  • Legacy Supply Chain Svs.
  • Logility
  • One Network
  • Purolator
  • Quintiq
  • SMC3
  • Synchrono
  • TAKE Supply Chain
  • Westfalia Technologies
  • Zebra Technologies


Select Relevent Categories

  • Global Trade
  • Inventory Management
  • Risk Management
  • Sustainability

Select Software/Technology Companies

  • Select All

  • 3GTMS
  • 3PL Central
  • Apex Supply Chain Tech.
  • BluJay Solutions
  • Honeywell Intelligrated
  • Frontier Business
  • Kuebix
  • Logility
  • One Network
  • Quintiq
  • SMC3
  • Swisslog Logistics
  • Synchrono
  • TAKE Supply Chain
  • Zebra Technologies


Select Relevent Categories

  • ERP
  • Sales & Operations
  • Sourcing/Procurement
  • Optimization
  • Transportation Mgmt
  • Warehouse Mgmt

Select Executive Education Choices

  • Select All

  • Graduate Courses
  • Online/Distance
  • Executive Education
  • Certifications
  • Undergraduate
  • Seminars
  • Associations
  • Conferences
  • Tradeshows


Select Third Party Logistics Companies

  • Select All

  • 3PL Central
  • Landstar
  • Legacy Supply Chain Svs.
  • Purolator
  • SEKO Logistics
  • Westfalia Technologies


4
 

24|7 Company Profiles