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Intermodal Spot Rate Pricing Trendline Analysis Blog Feature
Rick LaGore

By: Rick LaGore on May 17th, 2022

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Intermodal Spot Rate Pricing Trendline Analysis

Truckload | Intermodal Transportation

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

 

For the week of May 16, 2022, domestic intermodal spot rate index:

  • Up 0.1% from the prior week.
  • Up 14.7% from prior year.

2022 Year-to-Date Intermodal Volume by Region and Equipment

North American Intermodal 

  • -6.6%

Intermodal Volume by Region

  • United States: -6.9%
  • Canada: -6.1%
  • Mexico:  -2.9%

Intermodal Volume by Equipment Type

  • Container: -5.8%
  • Trailer: -17.4%

Comparison of Truckload to Intermodal Spot Rate 

The national truckload spot rate decreased 0.4% last week, as reported by the DAT Trendline Report.   

Domestic 53' intermodal spot rates increased 0.1% (on a weighted average mileage basis) from the prior week. 

Using the same indexes on a year-over-year basis, truckload is up 7.9% and domestic intermodal is up 14.7%.

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 $5.613 per gallon this week, which is down $0.010 or 0.2% from the prior week.

The diesel price per gallon is up $2.364 or 72.8% from the same period last year.

The EIA's May 2022 diesel price average price projection is $4.72 per gallon for calendar year.


EIA's most recent 2022 projection for oil & diesel prices:

  • WTI - $98.20
  • Brent - $103.35

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


complete guide to intermodal transportation service

Intermodal Spot Rate Trend Graphs

Intermodal Index Spot Rate per Mile-1

Intermodal Index Spot Rate Year-over-Year Percentage Change-1

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.

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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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