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Intermodal Spot Rate Pricing Trendline Analysis

November 27, 2024 Rick LaGore

Intermodal Spot Rate Index

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

Intermodal Spot Rate Per Mile (including Fuel)-Nov-06-2024-06-49-18-0262-PM

For the week of November 26, 2024, domestic intermodal spot rate index:

  • Up 0.6% from prior week.
  • Down 8.1% from prior year.

Intermodal Spot Rate per Mile (excluding fuel)-Nov-06-2024-06-49-18-0248-PM

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

North American Intermodal: 7.8%

United States: 9.5%

Railroad

  • BNSF: 16.7%
  • CN: 2.3%
  • CPKC: -9.0%
  • CSX: 4.4%
  • GMXT: 28.4%
  • NS: 7.5%
  • UP: 8.5%

Comparison of Truckload to Intermodal Spot Rate

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

  • Up 2.5% from prior week.
  • Up 0.5% from prior year.

Domestic 53' Intermodal Spot Rate:

  • Up 0.6% from prior week.
  • Down 8.1% 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 $3.539 per gallon this week, which is down $0.048 or 1.4% from the prior week.

The diesel price per gallon is down $0.607 or 14.6% 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


complete guide to intermodal transportation service

Intermodal Spot Rate Trend Graphs

Average Intermodal Spot Rate per Mile-Nov-06-2024-06-49-18-0243-PM 

Avg Intermodal Spot Rate per Mile

Interested in intermodal or truckload service? Request a quote now. Learn more about 53' domestic intermodaltruckload, cross-border and managed transportation services.

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