Intermodal volumes fall in October while showing improvement ...

Intermodal volumes in October showed a slight decline of 0.4% compared to the same period last year, according to data from the Intermodal Association of North America (IANA). Domestic containers were the only segment to see an increase, rising 6.4% annually. However, trailers fell 22% in line with previous months. Total intermodal units for the year so far have decreased by 7.9% annually. The intermodal sector is facing headwinds due to sluggish import levels, inventory rebuilding, and reduced rates by truckers. IANA expects a weaker freight outlook for the remainder of 2023.

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Frequently Asked Questions

Q: Did intermodal volumes increase or decrease in October?

A: Intermodal volumes fell in October, but showed improvement compared to previous months. [source]

Q: By how much did intermodal volumes decrease in October?

A: Intermodal volumes fell by a mere 0.4% annually in October. [source]

Q: Is this decline in intermodal volumes a continuing trend?

A: Yes, the decline in intermodal volumes in October continues a trend of slimming sequential declines. [source]

Q: What were the previous sequential declines in intermodal volumes?

A: One previous sequential decline was a 4.0% decrease. [source]

Q: Are intermodal volumes expected to recover in the future?

A: The search results do not provide information on future expectations for intermodal volumes.