Intermodal markets: it's finally happening

It finally happened: IMCs caved and started pulling in intermodal spot rates in major lanes in response to persistently weak volumes. We think that West Coast ports will be particularly weak going forward — and trucking carriers are already pricing this in (see our Tuesday note on trucking markets).

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Tags: intermodal

Intermodal markets: it's finally happening

John Paul Hampstead, Director, Passport Research

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