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Rail News: Intermodal

IANA: Intermodal volume gain continued in Q4


Intermodal volume continued its "comeback" in fourth-quarter 2020, after declines in the first half of the year that were caused by the COVID-19 pandemic, the Intermodal Association of North America (IANA) reported yesterday.

Total intermodal volumes rose 9.6% year over year to 4,874,842 units in Q4, according to IANA's "Intermodal Quarterly" report.

International intermodal volume rose 9.4% to 2,402,320 units, while domestic container volume climbed 8.7% to 2,128,885 units compared with volumes in the same 2019 quarter.

Year over year, trailer volume increased 17.5% in Q4 to 343,637 units.

"Against the backdrop of COVID, all market sectors posted gains, setting the pace into at least Q1 of 2021," said IANA President and Chief Executive Officer Joni Casey in a press release.

The seven highest-density trade corridors, which collectively handled more than 60% of total volume, rose 10.3% in Q4. Three were up double digits: Trans-Canada, 19.7%; South Central-Southwest, 13.4%; and Midwest-Southwest, 13%. The Intra-Southeast noticed a 9.6% increase, and the Northeast-Midwest, a 9.5% increase.

The Midwest-Northwest was up 7.5%, and the Southeast-Southwest grew 2.4%.

Full-year 2020 total intermodal volume slipped 2% to 17,789,192 units compared with 2019's level.

Contact Progressive Railroading editorial staff.

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