Intermodal Spot Rate Pricing Trendline Analysis - Aug 8 2018 Blog Feature
Rick LaGore

By: Rick LaGore on August 8th, 2018

Print/Save as PDF

Intermodal Spot Rate Pricing Trendline Analysis - Aug 8 2018

Intermodal | diesel fuel price | truckload | intermodal spot rates | intermodal spot rate index trendlines

Weekly discussion and analysis on the trends in the intermodal and truckload spot market.

The intermodal spot rate index increased 6.9% over prior week.  Of the 115 lanes tracked in the weighted average index, 15.8% increased, 51.7% decreased and 32.5% went unchanged.  The increases came primarily from SoCal, NorCal and Seattle lanes.  


For the week of July 30, 2018, domestic intermodal spot rates were:

intermodal train pic
  • Up 6.9% from prior week.
  • Up 7.5% from 90 days ago.
  • Up 46.9% from prior year.

The jump in the week-over-week rates is a result of constrained market surcharges added to already record high spot rates in key markets, but look out for further increases or changes in O/D pairs, as railroads continue to re-align their businesses.  The latest change came yesterday when the UP announced it would cease the interline service on the 197 origin-destination pairs they share with CSX beginning September 17.  

The national dry van spot rate, reported by DAT, was $2.24 a mile this week.  This is a 2.6% decrease from the prior week and 29% higher over prior year. 

While the DAT continues to report declining spot rates, keep in mind truckload rates remain at all-time highs and this is a seasonal trend that will turn over the course of August.  

Diesel Fuel Comments: 

Moving onto the fuel side of the intermodal pricing equation, the EIA reported average diesel fuel price of $3.223 per gallon this week, which is a $0.003 decrease.

The diesel price per gallon is up $0.642 or 24.9% higher from the same period last year.    

Oil prices are declining this week, with WTI and Brent trading today in the range of $66.70 and $72.00, respectively.  During the most recent earnings calls oil production and infrastructure companies have been reporting a ramp up in capital spending to meet demand, but politicals is starting to cloud future demand, hence a big decline today in oil prices.  

The EIA for diesel and oil prices current projection is diesel will average $3.14 a gallon for calendar year 2018.

The full spreadsheet of the historical weekly price moves of diesel full can be found at

Graphs listed below include:

  • 53' Domestic Intermodal Price Index & Diesel Fuel Prices
  • Variance to January 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
  • 53' Domestic Intermodal and Diesel Prices Quarter-Over-Quarter Comparison

Intermodal Spot Rate and Diesel Fuel-4

 Baseline Analysis - Intermodal Spot Rate and Diesel Fuel-4

Intermodal Spot Rate and Diesel Fuel Yr-over-Yr Comparison-4 Intermodal Spot Rate and Diesel Fuel Yr-over-Yr Percentage-4

Intermodal Spot Rate and Diesel Fuel Qtr-over-Qtr Comparison-4

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

For logistics and freight news and trends, follow InTek on its company LinkedIn Page.  Follow InTek on LinkedIn

INTERMODAL Free Rate Quote

Click here for your free download of  What You Need to Know to be Successful with Intermodal

SunteckTTS  InTek Freight & Logistics is an agent of 


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.

  • Connect with Rick LaGore