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Last week intermodal volumes were up 5.2% against weak comps and due to a run-up in pre-Chinese New Year freight. Intermodal rates were down over the past week, but we expect rates to stabilize and turn slightly higher throughout the rest of 2020. Intermodal rates were higher across the United States over the past week.
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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.