Intermodal

Union Pacific intermodal volumes continue to crash and spot rates out of Chicago moderated.

Spot rates out of Chicago jumped on two key lanes this week.

With volumes down, service metrics like velocity and dwell times have improved.

Intermodal rates stay flat, volumes fall 8% year-over-year.

Are intermodal rates bottoming?

Intermodal volumes did not mount a holiday-period recovery while railroads held firm on rates.

Intermodal outperforms year over year, but only due to weak Thanksgiving comps.

We initiate coverage of intermodal markets.

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