Intermodal Market Trends & Statistics - 2nd Quarter 2015 - (Page 1)
Intermodal Market Trends & Statistics
Quarterly Analysis of Industry Activities
International Intermodal Volumes Jump 6.8%
Strong Q2 pulls year-to-date growth to 3.9%
Second Quarter 2015 Rail
Volume Results
After Q1's slow start, intermodal
volumes pulled ahead, surprising most
with an impressive 4.5% growth rate
in Q2. The biggest surprise may be
that most of the growth can be attributed to international intermodal
vs. domestic. International intermodal
shipments jumped 6.8% in Q2. It is
tempting to assume that the improvement in Q2 is due to the release of
pent-up demand accrued during the
port disruptions in Q1, however Q2's
results were sufficiently strong to suggest that there is more going on. For
one, growth was strongest at the end
of the quarter: June shipments were
up 8.9% and that was on top of the
9.3% growth recorded in June of 2014.
These results suggest that while much
of the strong performance in Q2 was
due to the recovery from Q1's port
disruptions, strengthening container
import volumes also played a role in
pushing international volumes higher.
International shipments are closely
tied to container imports and data
from PIERS suggest that this sector
rose by 6.5% in Q2. This mirrors the
increase in international volumes. Still,
there were some interesting variations. For example, container imports
through the ports of L.A. and Long
Beach fell 1.7% in Q2 (according to
port-released figures), while international originations in the Southwest
gained 4.8%. This may imply that
much of the strength in this region
was due to the rebound from portdisruptions in Q1. However, in other
regions, namely in the East, international growth failed to keep pace with
robust increases in container imports.
Second Quarter 2015 © IANA 2015
Second Quarter Totals
2014
2015
Change
414,357
401,531
-3.1%
Domestic Containers
1,632,802
1,690,190
3.5%
All Domestic Equipment
2,047,159
2,091,721
2.2%
ISO Containers
2,126,170
2,270,328
6.8%
Total
4,173,329
4,362,049
4.5%
Trailers
Year to Date 2015
2014
Trailers
2015
Change
827,421
804,537
-2.8%
Domestic Containers
3,105,926
3,279,553
5.6%
All Domestic Equipment
3,933,347
4,084,090
3.8%
ISO Containers
4,017,436
4,173,522
3.9%
Total
7,950,783
8,257,612
3.9%
Second Quarter Equipment Loading Trends
28' Trailers/Containers
67,868
68,868
2Q 14-15
Growth
1.5%
40/45' Trailers
32,903
29,293
-11.0%
0.7%
48/53' Trailers
314,632
303,932
-3.4%
7.0%
20/40/45' Containers
2,126,170
2,270,328
6.8%
52.0%
48/53' Containers
1,631,756
1,689,628
3.5%
38.7%
Total
4,173,329
4,362,049
4.5%
100.0%
Equipment Size/Type
2Q14
All in all, Q2's international volumes
were strong enough to pull total yearto-date growth up to 3.9%.
In contrast to international numbers, domestic intermodal softened in
Q2. Total domestic intermodal shipments gained just 2.2%. This was
actually the slowest growth rate since
2Q15
2Q 15
Share
1.6%
2009. Much of the weakness was
due to trailers, which declined 3.1%
in Q2. However, domestic containers rose by just 3.5%, well below the
previous long-term trend. This same
segment recorded a similarly slow
pace in the first quarter of 2014, but
that was largely due to the impact of
1
Table of Contents for the Digital Edition of Intermodal Market Trends & Statistics - 2nd Quarter 2015
2Q 2015 Rail Volume
Key Corridor Results
Regional Traffic
Seasonally Adjusted Intermodal Volume
2Q 2015 IMC Results
Intermodal Long-Term Trends
Intermodal Outlook
Trucking Industry Outlook
U.S. and Canadian Domestic Economies
Monthly Traffic by Type
Monthly Traffic by Ownership
Eastern Canada
Mountain Central
Midwest
Northeast
Northwest
South Central
Southeast
Southwest
Western Canada
Major Intermodal Corridors
Notes to Report
Intermodal Market Trends & Statistics - 2nd Quarter 2015
https://www.nxtbook.com/nxtbooks/iana/imts_2018q4
https://www.nxtbook.com/nxtbooks/iana/imts_2018q3
https://www.nxtbook.com/nxtbooks/iana/imts_2018q2
https://www.nxtbook.com/nxtbooks/iana/imts_2018q1
https://www.nxtbook.com/nxtbooks/iana/imts_2017q4
https://www.nxtbook.com/nxtbooks/iana/imts_2017q3
https://www.nxtbook.com/nxtbooks/iana/imts_2017q2
https://www.nxtbook.com/nxtbooks/iana/imts_2017q1
https://www.nxtbook.com/nxtbooks/iana/imts_2016q4
https://www.nxtbook.com/nxtbooks/iana/imts_2016q3
https://www.nxtbook.com/nxtbooks/iana/imts_2016q2
https://www.nxtbook.com/nxtbooks/iana/imts_2016q1
https://www.nxtbook.com/nxtbooks/iana/imts_2015q4
https://www.nxtbook.com/nxtbooks/iana/imts_2015q3
https://www.nxtbook.com/nxtbooks/iana/imts_2015q2
https://www.nxtbook.com/nxtbooks/iana/imts_2015q1
https://www.nxtbook.com/nxtbooks/iana/imts_2014q4
https://www.nxtbook.com/nxtbooks/iana/imts_2014q3
https://www.nxtbook.com/nxtbooks/iana/imts_2014q2
https://www.nxtbook.com/nxtbooks/iana/imts_2014q1
https://www.nxtbook.com/nxtbooks/iana/imts_2013q4
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