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Rail News: Rail Industry Trends

IANA unveils quarterly intermodal publication reporting first-quarter traffic drop


Intermodal Association of North America (IANA) May 13 launched Intermodal Market Trends & Statistics, a quarterly publication merging the association's previously independent IMC Market Activity Report and Rail Intermodal Traffic Report.
The new report includes intermodal marketing company (IMC) data — such as intermodal loads, highway truckloads, total loads, and intermodal and highway revenue — and railroad data from the six largest Class Is, including moves between geographic areas, moves by equipment size and key corridor activity. The report also includes charts and graphs, summaries and analyses, and an examination of intermodal data and events.
According to the publication, first-quarter North American intermodal traffic declined 1 percent compared with first-quarter 2001, which corresponds with a reported drop in durable goods production and other weak-manufacturing indicators. Trailer traffic decreased 9.4 percent while container moves increased 4.3 percent, IANA said.
Traffic in the South Central and Southwest corridors increased 5 percent because of stronger bi-directional container flows, and Southwest corridor traffic rose 3.1 percent as eastbound container moves jumped 9 percent.
Meanwhile, quarterly intermodal revenue increased 0.8 percent; highway revenue, 5.8 percent. Although total intermodal volume dropped 6.3 percent in the first quarter, average revenue per intermodal load rose 19.1 percent compared with last year because of rate stability.

Contact Progressive Railroading editorial staff.

More News from 5/14/2002