Intermodal rates have trended downward over the past year mostly due to a slide in truck rates. We believe that the coronavirus is still a threat going forward to rising rates. U.S. Class I intermodal volumes decreased 8.8% in week 6, considerably weaker than last week’s increase of 5.2% and the four-week average of -4.9%. Intermodal capacity remains loose with intermodal outbound tender rejection levels at 1.5%.
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.
