Intermodal Spot Rate Pricing Trendline Analysis

Weekly discussion and analysis: Trends in the intermodal spot rate market

Intermodal Spot Rate per Mile including fuel

For the week of December 17, 2024, domestic intermodal spot rate index:

Down 0.3% from prior week.
Down 7.7% from prior year.

Year-to-Date Intermodal Volume by Region and Railroad vs. 2023

North American Intermodal: 7.5%

United States: 9.2%

Railroad

BNSF: 16.2%
CN: 1.8%
CPKC: -8.7%
CSX: 4.1%
GMXT: 29.2%
NS: 7.0%
UP: 8.5%

Comparison of Truckload to Intermodal Spot Rate

National Truckload Spot Rate (as reported by the DAT Trendline Report):

Up 0.5% from prior week.
Up 0.5% from prior year.

Domestic 53' Intermodal Spot Rate:

Down 0.3% from prior week.
Down 7.7% from prior year.

For a full review of the 2024 US Intermodal Savings Against Truckload we point you to a tremendous piece of research the Journal of Commerce publishes quarterly.

Diesel Fuel Update

The U.S. Energy Information Administration (EIA) reported an average diesel fuel price of $3.494 per gallon this week, which is up $0.036 or 1.04% from the prior week.

The diesel price per gallon is down $0.400 or 10.3% from the same period last year.

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