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Home » Study: intermodal broke market share record against trucks in fourth quarter
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Study: intermodal broke market share record against trucks in fourth quarter

February 10, 2010
Mark B. Solomon
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Intermodal transport broke market share records against trucks in the fourth quarter of 2009, paced largely by giants in the international intermodal sector, according to a study released today by FTR Associates.

Intermodal's share of longhaul movements of international and domestic containerized freight—defined as 550 miles and longer—was 13.3 percent in the fourth quarter, up 0.2 percent from the third quarter and slightly above the previous record set in the fourth quarter of 2008, according to estimates from the Nashville, Ind.-based research and consulting firm.

"Intermodal has gained share for three consecutive quarters" since the U.S. economy and freight volumes dramatically declined in the latter part of 2008, said Lawrence Gross, senior consultant for FTR.

Gross said the latest gains are being driven by international volumes, an indication U.S. import and export volumes are rebounding faster than domestic traffic. Intermodal's share of the domestic U.S. market, which had been growing during 2009, flattened out in the fourth quarter, Gross said.

Gross expects intermodal's momentum to continue during 2010 as long as railroads maintain high service levels. He sees intermodal resuming domestic market share growth even as the international segment continues to rebound.

Transportation Intermodal
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Marksolomon
Mark Solomon joined DC VELOCITY as senior editor in August 2008, and was promoted to his current position on January 1, 2015. He has spent more than 30 years in the transportation, logistics and supply chain management fields as a journalist and public relations professional. From 1989 to 1994, he worked in Washington as a reporter for the Journal of Commerce, covering the aviation and trucking industries, the Department of Transportation, Congress and the U.S. Supreme Court. Prior to that, he worked for Traffic World for seven years in a similar role. From 1994 to 2008, Mr. Solomon ran Media-Based Solutions, a public relations firm based in Atlanta. He graduated in 1978 with a B.A. in journalism from The American University in Washington, D.C.

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