Intermodal

FreightWaves SONAR: Container-Import Roller Coaster: Down, Up, Down … Up?

U.S. container imports are on a wild ride. They plunged in March after the initial coronavirus outbreak in Wuhan, China. They bounced back in April when delayed bookings were loaded after China came back online. Beginning in May, they sank again as container carriers “blanked” (canceled) sailings. Now, it looks like there could be at least some momentum in the positive direction.

Tough Love, Because Competition Beckons

On May 12, IANA (Intermodal Association of North America) offered an interesting look at the North American rail intermodal sector. The webinar featured technical slides shared by Bloomberg Senior Analyst Transportation & Logistics Lee Klaskow and TTX Vice President Fleet Management Company Pat Casey. TTX market development experts John Woodcock and Peter Wolff also participated.

AAR: “Railroads Have Experience Weathering Difficult Times, and They’ll Weather This One”

The Association of American Railroads (AAR) reported U.S. rail traffic for the week ended May 9, 2020, and, for this week, total U.S. weekly rail traffic was 412,549 carloads and intermodal units, down 22.1% compared with the same week last year; total carloads were 185,144 carloads, down 28.4% compared with the same week in 2019; and U.S. weekly intermodal volume was 227,405 containers and trailers, down 16% compared to 2019.