Reported 7 days ago
Intermodal transportation is currently suppressing the truckload market, with demand for intermodal containers increasing by over 8% year-on-year while truckload demand is declining by 3%. Major routes like Los Angeles to Chicago are seeing significant growth, with intermodal volumes replacing thousands of truckloads per week. Although the truckload market faces challenges with tender rejection rates remaining high, intermodal's growth offers a buffer. The sustainability of this shift is in question as shipping uncertainties loom over future demand.
Source: YAHOO