Intermodal rail volumes had a particularly bad week and declined sharply across all container sizes on a national basis. As we pointed out in last week’s intermodal report, “Not catching the wave,” the kinds of freight driving the unprecedented surge in truckload demand — shorter-haul refrigerated loads on the East Coast — do not map onto intermodal’s core strengths.
That said, intermodal could get worse from here. It’s true that production in China is coming back and even in Hubei province, where Wuhan is located, movement and work restrictions are being lifted. Containership line alliances are reorganizing their trans-Pacific services.
The trouble has shifted to the demand side, though.
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!
Existing Passport subscribers may log in using the form below.
John Paul conducts research on multimodal freight markets and holds a Ph.D. in English literature from the University of Michigan. Prior to building a research team at FreightWaves, JP spent two years on the editorial side covering trucking markets, freight brokerage, and M&A.