Thursday, March 30, 2023
FreightWaves Passport
  • Home
  • Research
    • 3PLs
    • Carrier Outlook
    • Featured
    • Financials
    • Freight Market Outlook
    • Global Trade
    • Intermodal
    • Most Popular
    • News
    • Special Topic
    • Trucking
  • Education
  • Community
  • Events
  • Resources
    • Webinars
    • Meet the Team
    • Contact Us
  • Sign Up
  • Account
  • Log In
No Result
View All Result
FreightWaves Passport
  • Home
  • Research
    • 3PLs
    • Carrier Outlook
    • Featured
    • Financials
    • Freight Market Outlook
    • Global Trade
    • Intermodal
    • Most Popular
    • News
    • Special Topic
    • Trucking
  • Education
  • Community
  • Events
  • Resources
    • Webinars
    • Meet the Team
    • Contact Us
  • Sign Up
  • Account
  • Log In
No Result
View All Result
FreightWaves Passport
No Result
View All Result
Home Intermodal

Intermodal Markets: Operating leverage first

by Tony Mulvey
Wednesday, August 19, 2020
in Intermodal, Rail
Reading Time: 1min read
0

(Photo: FreightWaves / Jim Allen)

Consider the fact that across Union Pacific, BNSF, CSX and Norfolk Southern, headcount was down 16.6% year-over-year in July (less negative than June’s -17.9%), yet last week intermodal volumes were up 1.9% year-over-year for the second week in a row.

 

In particular, the best intermodal volume growth has been in Union Pacific’s network, where over the past four weeks intermodal volume has averaged 5.5% higher than in the year-ago period. From June to July, though, Union Pacific grew its employee headcount by just 2.2%. Management has indicated that it believes it can run the railroad with fewer people; we don’t expect UNP’s headcount to grow above 2019 levels.

 

Union Pacific imposed more spot rate hikes out of California this week, with the apparent intention of discouraging spot business so that it can concentrate on restoring network fluidity for its core contracted customers.

 

Meanwhile, in response to Amazon’s grab for trans-Pacific containership capacity, Walmart has booked slots going to Houston and Savannah, Georgia. We reiterate our belief here that West Coast intermodal network issues will not be resolved anytime soon, especially as volumes rapidly grow into peak season. That will put more pressure on trucking companies and continue to tighten capacity on the West Coast, as well as important trucking markets like Dallas.

Members Only

You have selected content that's only available to members of FreightWaves Passport. As a member, you gain immediate access to the most in-depth and informative freight research available. It's your gateway to continuing education.

Members also get:

  • Access to exclusive community dedicated to discussing the most important challenges facing freight.
  • Monthly and Quarterly Freight Market reports keeping you informed of industry trends.
  • Much, much more!

Click below to learn more and sign up today!

Subscribe
Existing Passport subscribers may log in using the form below.

 
 
Forgot Password
Tags: intermodal capacityintermodal marketsintermodal volumeslogistics researchtransportation research
ShareShareTweetSend

Tony Mulvey

Research Associate, FreightWaves

Related Posts

3PLs

Rocky road on the way in 2023?

Monday, December 12, 2022
Department stores find leading economic indicators in freight market data
3PLs

Department stores find leading economic indicators in freight market data

Thursday, November 17, 2022
Lumber companies face complex freight decisions
3PLs

Lumber companies face complex freight decisions

Wednesday, October 26, 2022
Next Post

Please Mr. Postman

Popular Research

  • How much freight do the top 100 shippers in the U.S. control?

    How much freight do the top 100 shippers in the U.S. control?

    0 shares
    Share 0 Tweet 0
  • How much freight do the top 100 shippers in the US control?

    0 shares
    Share 0 Tweet 0
  • Q1 2020 Carrier Outlook

    0 shares
    Share 0 Tweet 0

By Categories

  • 3PLs (119)
  • Carrier Outlook (6)
  • Featured (71)
  • Financials (22)
  • Freight Market Outlook (1)
  • Global Trade (6)
  • Intermodal (109)
  • Most Popular (27)
  • News (81)
  • Passport Research (35)
  • Rail (98)
  • Shippers (33)
  • Special Topic (99)
  • Technology (19)
  • Trucking (160)

FreightWaves Passport




Research built for present and future c-suite executives.





Benefits

  • Research
  • Education
  • Community
  • Events

Research by Topic

  • 3PLs
  • Carrier Outlook
  • Featured
  • Financials
  • Freight Market Outlook
  • Global Trade
  • Intermodal
  • Most Popular
  • Special Topic
  • Trucking

Resources

  • Webinars
  • Meet the Team
  • Contact Us

© Copyright 2021 | FreightWaves, Inc. | All Rights Reserved

No Result
View All Result
  • Home
  • Research
    • 3PLs
    • Carrier Outlook
    • Featured
    • Financials
    • Freight Market Outlook
    • Global Trade
    • Intermodal
    • Most Popular
    • News
    • Special Topic
    • Trucking
  • Education
  • Community
  • Events
  • Resources
    • Webinars
    • Meet the Team
    • Contact Us
  • Sign Up
  • Account
  • Log In

© Copyright 2020 | FreightWaves, Inc. | All Rights Reserved