Domestic Intermodal Spot Rates - Jan 9 2018 Blog Feature
Rick LaGore

By: Rick LaGore on January 12th, 2018

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Domestic Intermodal Spot Rates - Jan 9 2018

Intermodal | diesel fuel price | truckload

IDS-Intermodal-Containers.jpegComments on the Weekly Intermodal Rate Charts:

Domestic intermodal spot rates are:

  • Up 0.7% from last week.
  • Down 2.0% from 90 days ago.
  • Up 14.9% from prior year.

Domestic intermodal rates inch up this week, although off their record highs that were hit just a few short weeks ago.

According to the DAT Trendlines report 53' dry van rates continue to set new record highs.  As reported by DAT, truckload spot rates are up 22% over prior year.  This is in contrast to 53' domestic intermodal rates reported to be up 15% over prior year.  A comparison between the two 53' capacity alternatives would indicate there is the opportunity for shippers to consider modal conversion.

100% of the 120 lanes InTek tracks increasing from prior week, with an average increase of $28.

Capacity appears to be relatively balancing, although challenges do exist and tend to be found in the cold temperature cities more so than others.

Diesel Fuel Comments:

The EIA reported average diesel fuel price of $2.996 per gallon this week, which is a $0.023 increase from the prior week.

The price per gallon is up $0.399 or 15.4% higher from the same period last year.    

Oil pushed higher again this week.  WTI and Brent trading today at $64.20 and $69.75, respectively.  

The most recent projection by the EIA for diesel and oil prices were published on November 7.  In the report, diesel is projected to average $2.83 in calendar year 2018.  

The full spreadsheet of the historical weekly price moves of diesel full can be found at https://www.eia.gov/petroleum/gasdiesel/

Graphs listed below include:

  • 53' Domestic Intermodal Price Index & Diesel Fuel Prices
  • Price Changes in 53' Domestic Intermodal Pricing & Diesel - 1/1/2013 Baseline
  • Rolling 52 Year-over-Year Comparison - 53' Domestic Intermodal and Diesel Fuel Prices
  • Rolling 52 Year-over-Year % Change - 53' Domestic Intermodal and Diesel Fuel Prices
  • Rolling Quarter-over-Quarter Comparison - 53' Domestic Intermodal and Diesel Fuel Prices

 Intermodal & Diesel Prices-34.png

 Intermodal & Diesel Compare to Baseline-12.png

Intermodal & Diesel Yr-over-Yr Comparison-34.png Intermodal & Diesel Price Yr-over-Yr  Change-23.png

 Intermodal & Diesel Qtr-over-Qtr Comparison-32.png

For more on 53' domestic intermodaltruckload and managed transportation services, please sign-up for our weekly blogs and visit the InTek Freight and Logistics website.

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About Rick LaGore

Rick is the co-founder and CEO of InTek Freight & Logistics, a company focused on being the place where companies come when faced with a logistics problem.

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