Welcome back to our blog series, "Logistics Lingo in 100 words."
Definition of Intermodal
Intermodal is an alternative method to ship 53' truckload freight utilizing two different modes of transport.
Dray carriers are used for the origin pick-up and destination delivery for the freight movements between the rail ramps and the shipper on the front end of a shipment and its customer on the back end of the freight move.
The railroad is utilized for the long-haul portion of the freight lane.
Types of Intermodal
There are two types of intermodal: COFC and TOFC.
COFC is a more efficient and therefore a more cost-effective method for intermodal shipping.
Container on Flatcar
Trailer on Flatcar
Intermodal Market Size by Container Ownership
There are both private 53' box and public intermodal container owners.
Private box owners are bi-modals IMC's, while public boxes are move through non-asset or asset lite IMC's.