In the second quarter of 2022, total intermodal volumes fell 4.3% year-over-year, according to the Intermodal Association of North America’s Intermodal Quarterly report.
Domestic shipments held positive ground at 4% growth, while international containers dropped 8.4% and trailers, 25.2%.
“Despite this quarter’s losses, it was an improved picture relative to the first quarter,” said Joni Casey, CEO of IANA, in a statement. “Q2 volumes exceeded Q1 by 7.4%.”
The seven highest-density trade corridors, which collectively handled more than 60% of total volume, were all down in the second quarter. Broken out by region is the following:
- -The Midwest-Northwest led the losses with a 20.1%decline
- - South Central-Southwest at 14.5%
- - Intra-Southeast dropped 7.8%
- - Southeast-Southwest dropped 5.5%
- -Midwest-Southwest dropped 5.3%
- - Northeast-Midwest dipped 3.1%
- -Trans-Canada corridor held losses to 2.2%.
Total IMC volume rose 1.3% year-over-year in Q2, with intermodal traffic down 7.4% and highway loads, two-thirds of total IMC volume, up 6.3%.
