Intermodal Spot Rate Pricing Trendline Analysis

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

For the week of November 19, 2024, domestic intermodal spot rate index:

• Up 0.1% from prior week.
• Down 8.0% from prior year.

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

North American Intermodal: 7.4%

United States: 9.1%

Railroad

• BNSF: 16.3%
• CN: 2.2%
• CPKC: -9.1%
• CSX: 4.0%
• GMXT: 28.2%
• NS: 7.1%
• UP: 7.9%

Comparison of Truckload to Intermodal Spot Rate

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

• Down 1.0% from prior week.
• Up 0.5% from prior year.

Domestic 53' Intermodal Spot Rate:

• Up 0.1% from prior week.
• Down 8.0% 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 $3.491 per gallon this week, which is down $0.030 or 0.9% from the prior week.

The diesel price per gallon is down $0.718 or 17.1% 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. 

Intermodal Spot Rate Trend Graphs

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