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North American Intermodal Freight Declines for First Time Since 2009

August 4, 2016

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Intermodal freight shipments fell 6.1% in the second quarter, ending 25 consecutive year-over-year increases, hurt by fewer international and trailer shipments, the Intermodal Association of North America reported.

Total North American intermodal loads were 4.27 million, down from 4.55 million. Trailer shipments fell to 291,000, a 29% decline, in part because Norfolk Southern Corp. scaled back its Triple Crown trailer freight network. Domestic container freight rose 3.4% to 1.83 million loads, and international intermodal slipped 9.3% to 2.15 million.

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