<img alt="" src="https://secure.perk0mean.com/182585.png" style="display:none;">
Intermodal Spot Rate Pricing Trendline Analysis Blog Feature
Rick LaGore

By: Rick LaGore on November 30th, 2021

Print/Save as PDF

Intermodal Spot Rate Pricing Trendline Analysis

Truckload | Intermodal Transportation

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

intermodal transportationThe InTek intermodal spot rate index decreased 0.6% from the prior week.  

For the week of November 30, 2021, domestic intermodal spot rate index:

  • Down 0.6% from prior week.
  • Up 3.3% from 90 days ago.
  • Up 11.8% from prior year.

YTD-Year to Date Intermodal Volume by Region and Equipment

North American Intermodal 

  • 5.4%

Intermodal Volume by Region

  • United States: 6.4%
  • Canada: 2.7%
  • Mexico:  0.1%

Intermodal Volume by Equipment Type

  • Container: 4.0%
  • Trailer: 5.5%

US intermodal originations moved up a bit this week, although the year-over-year comparisons continue to decline in all segments.  This trend  started in April and we are forecasting year-over-year volumes will be down 8% to 10%.  

Comparison of Truckload to Intermodal Spot Rate 

The national truckload spot rate increased 3.3% last week, as reported by the DAT Trendline Report.   

Domestic 53' intermodal spot rates are down 0.4% (on a weighted average mileage basis) from the prior week. 

Using the same indexes on a year-over-year basis, truckload is up 19.9% and domestic intermodal is up 12.8%.

For a full review of the US Intermodal Savings Against Truckload we point you to a tremendous piece of research the Journal of Commerce publishes quarterly.

Diesel Fuel Comments: 

diesel fule priceThe EIA (U.S. Energy Information Administration) reported average diesel fuel price of $3.720 per gallon this week, which is down $0.004 from prior week.

The diesel price per gallon is up $1.218 or 48.7% from the same period last year.

The EIA's November 2021 diesel price average price projection is $3.28 per gallon for calendar year.


EIA's most recent 2021 projection for oil & diesel prices:

  • WTI - $69.02
  • Brent - $71.59

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

For those working on 2022 budgets, please note the following EIA forecasts:

  • Diesel: $3.23
  • WTI: $68.28
  • Brent: $71.91

complete guide to intermodal transportation service

Intermodal Spot Rate Trend Graphs

  • 53' Domestic Intermodal Spot Rate per Mile (2014 - 2021) 
  • 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 
  • 53' Domestic Intermodal Spot Rate per Weighted Average Mile and Total Volume 
  • 53' Domestic Intermodal Spot Rate Rolling 4-Week Year-Over-Year Comparison 

Intermodal Mileage Spot Rates

Intermodal Spot Rate vs Diesel Prices-2

Intemodal Spot Rate Index Baseline-2

Yr-Over-Yr Comparison Intermodal Spot Rate vs Diesel Prices-2

Yr-Over-Yr Percentage Comparison Intermodal Spot Rate vs Diesel Prices-2

Average Intermodal Spot Rate per Mile-3

Average year-over-year 4 week moving average intermodal price-3

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

Talk To Us We're Here to Help

New call-to-action

 

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