In the Intermodal Association of North America’s most recent report, released on April 27, total intermodal volumes fell 6.6%year-over-year in the first quarter of 2022.
Domestic shipments held positive ground at 5.2% growth, while international containers dropped 15.5% and trailers, 12.8%.
“Supply chain issues continued to impact volumes in the first quarter, especially on the international side,” said Joni Casey, CEO of IANA, in a statement. “On the other hand, domestic containers stood out for a respectable year-over-year gain. Higher levels of transloading are primarily responsible for this trend.”
The seven highest-density trade corridors, which collectively handled more than 60% of total volume, were all down in the fourth quarter, are as follows:
- South Central-Southwest- down 15.3%
- Intra-Southeast down 14.6%
- Trans-Canada corridor down 13.4%
- Midwest-Southwest down 8.7%
- Midwest-Northwest down 7.3%
- Northeast-Midwest down 2.5%
- Southeast-Southwest down 0.8%
Total IMC volume rose 10.8% year-over-year in Q1, with intermodal traffic up 0.9% and highway loads up 16.7%.