Intermodal Market Trends & Statistics - 2nd Quarter 2017 - 1
INTERMODAL MARKET TRENDS
& STATISTICS REPORT
2017 Second Quarter Report
y Intermodal markets stabilized in June, growing 4.5%
in Q2. This was the strongest improvement in nearly
y International intermodal emerged as the primary
driver of growth, rising 5.6%. This outcome was even
more significant based on the 9.3 % decrease in the
international market in Q2 2016.
y Domestic containers grew by 3.2%, almost three times
the increase of Q1. The Southwest region posted the
largest gain, likely indicating an increase in
y Trailers managed a 3.9% improvement in the second
quarter, after contracting by 28.6% in Q2 2016. This
result likely has more to do with weak comparisons
than strength in the trailer market.
y Canada displayed the most robust growth. International gained 13.2% and domestic improved by 6.8%.
Nearly 25.0% of international traffic originates in
Canada thus having a significant impact on international intermodal volumes.
y Truckload volume was up in Q2, mostly in the shorthaul and specialty trailer markets. The utilization rate
hovered near 99%, while the driver supply remained
International Intermodal Led Growth in Q2