Iana: q2 2017 intermodal volume growth strongest in years

Iana: q2 2017 intermodal volume growth strongest in years

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Total intermodal volumes gained 4.5 percent during the second quarter of 2017, with international traffic being the primary driver, rising 5.6 percent, according to recent statistics from


the Intermodal Association of North America (IANA).    The North American intermodal industry in the second quarter of 2017 saw the strongest growth in nearly three years, according to the


latest Intermodal Market Trends and Statistics report from the Intermodal Association of North America (IANA).    Total intermodal volumes gained 4.5 percent in the quarter, according to


IANA statistics, with international traffic being the primary driver, rising 5.6 percent. Domestic containers and trailer volumes increased 3.2 percent and 3.9 percent respectively,


according to the report.    “Growth in Q2 indicates that economic conditions continue to improve for all segments of the intermodal market,” IANA President and CEO Joni Casey said.


“Year-to-date performance is a healthy 3.3 percent, notwithstanding a weak year-over-year comparison for the second quarter.”    The seven highest-density trade corridors, accounting for


63.4 percent of total intermodal volume, collectively were up 4 percent in the second quarter, with the Trans-Canada lane leading the way with an 11.4 percent expansion, while the


Midwest-Northwest, down 0.6 percent, experienced the only decline.    The remaining five corridors’ growth in Q2 ranged from 1.3 percent to 4.6 percent, according to IANA, the Maryland-based


trade association that represents the intermodal freight industry.    Of these seven lanes, five stood out in terms of directional activity, accounting for 42.9 percent of the three-month


results, with the Southwest-Midwest direction taking 10.6 percent. Western Canada-Eastern Canada and the Eastern Canada-Western Canada each had 9.2 percent, while the Midwest-Southwest route


added 7.4 percent. The final top-five lane, the Northeast-Midwest, accounted for 6.5 percent. TO CONTINUE READING THIS ARTICLE... ALREADY HAVE AN ACCOUNT? SIGN IN CREATE A FREE ACCOUNT No


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