Weekly discussion and analysis on the trends in the intermodal spot rate market.
The InTek intermodal spot rate index increased 3.2% from the prior week.
For the week of September 14, 2021, domestic intermodal spot rate index:
- Up 3.2% from prior week.
- Up 21.2% from 90 days ago.
- Up 15.0% from prior year.
YTD-to Date Intermodal Volume by Region and Equipment
North American Intermodal
- 10.5%
Intermodal Volume by Region
- United States: 11.5%
- Canada: 8.5%
- Mexico: 2.1%
Intermodal Volume by Equipment Type
- Container: 10.6%
- Trailer: 10.6%
US intermodal originations continue to decline. This trend started in April and if it continues on its current path year-overyear volumes could be down 8% to 10%.
Comparison of Truckload to Intermodal Spot Rate
The national truckload spot rate increased 1.7% last week, as reported by the DAT Trendline Report.
Domestic 53' intermodal spot rates decreased 0.8% (on a weighted average mileage basis) from the prior week.
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:
The EIA (U.S. Energy Information Administration) reported average diesel fuel price of $3.372 per gallon this week, which is down $0.001 from prior week.
The diesel price per gallon is up $0.950 or 39.2% from the same period last year.
The EIA's September 2021 diesel price average price projection is $3.17 per gallon for calendar year.
EIA's most recent 2021 projection for oil & diesel prices:
- WTI - $65.69
- Brent - $68.61
The full spreadsheet of the historical weekly price moves of diesel full can be found at https://www.eia.gov/petroleum/gasdiesel/.
Intermodal Spot Rate Trend Graphs
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53' Domestic Intermodal Price Index & Diesel Fuel Prices
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Variance to January 1, 2013 Baseline
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Rolling 52 Year-over-Year Comparison - 53' Domestic Intermodal and Diesel Fuel Prices
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Rolling 52 Year-over-Year % Change - 53' Domestic Intermodal and Diesel Fuel Prices
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53' Domestic Intermodal and Diesel Prices Quarter-Over-Quarter Comparison
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53' Domestic Intermodal Spot Rate per Weighted Average Mile and Total Volume
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53' Domestic Intermodal Spot Rate Rolling 4-Week Year-Over-Year Comparison
For more on 53' domestic intermodal, truckload , cross-border and managed transportation services, please sign-up for our weekly blogs and visit the InTek Freight and Logistics website.
