FTR Analysis Shows Domestic Intermodal Gained Market Share in Q2 2009
Aug 19, 2009 12:10 PM
Domestic Intermodal transport gained significant market share against trucks in the second quarter of 2009, a recent analysis by FTR Associates shows.
Intermodal's share of U.S. long-haul (550+ mile) movements of international and domestic containerized freight edged up by 0.1% to a level of 12.4% from the first to the second quarter. But when movements of international containers are excluded, the market share represented by intermodal movement of domestic equipment (domestic containers and trailers) increased by a solid 0.3% to a level of 6.5%. The analysis is contained in the August issue of FTR's Intermodal Monthly Update.
"The performance of the Domestic Intermodal sector is extremely impressive given the current economic conditions," said Lawrence Gross, Senior Consultant for FTR and principal author of the Intermodal Monthly Update. "Although the level of domestic intermodal traffic has declined, the decline has been less severe than the trucks, resulting in increased share. Domestic share has been increasing quite steadily since the third quarter of 2007.
"This analysis provides evidence that domestic intermodal's value proposition continues to resonate with shippers. With intermodal speeds and reliability hitting all-time levels, shippers have more incentive than ever to take advantage of the superior economics that intermodal offers in many instances.”
For more information about FTR Associates, visit www.ftrassociates.com or call Helen Lile at 1-888-988-1699, ext. 45.
Acceptable Use Policy blog comments powered by Disqus
