North American intermodal volumes gained nearly 10% in the fourth quarter of 2020, setting the pace for the first quarter of 2021, according to the Intermodal Association of North America (IANA).
“Intermodal continued its comeback in the fourth quarter after declines in the first half of the year. Against the backdrop of COVID, all market sectors posted gains, setting the pace into at least Q1 of 2021,” said IANA President and CEO Joni Casey. IANA estimates that 2021 intermodal volumes could grow by 8% after falling by 2% in 2020 because of COVID-19 pandemic-induced volume losses in the first half of 2020.
