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Intermodal activity dropping

Published Tuesday, February 17, 2009

Intermodal transportation lost market share against trucks in the fourth quarter of 2008 as dropping fuel prices and overcapacity in the trucking market made it difficult for intermodal to continue growing, FTR Associates said. According to FTR, intermodal’s share of U.S. long-haul movements of international and domestic containerized freight fell 0.2% in the fourth quarter, and domestic intermodal dropped after seeing its share increase for the past year. "Intermodal is facing some terrific headwinds at the moment," said Lawrence Gross, senior consultant for FTR. "The combined effects of plunging fuel prices and excess capacity in the motor ...

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