Intermodal Spot Rate Pricing Trendline Analysis

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

Intermodal Spot Rate Per Mile (including Fuel)-Jan-10-2025-10-05-29-7023-PM

For the week of January 13, 2025, domestic intermodal spot rate index:

Down 0.6% from prior week.
Down 9.4% from prior year.

Year-to-Date Intermodal Volume by Region and Railroad vs. 2024

North American Intermodal: 7.2%

United States: 7.8%

Railroad

BNSF: 11.1%
CN: 6.9%
CPKC: 9.1%
CSX: -2.8%
GMXT: -6.0%
NS: -2.4%
UP: 19.9%

Comparison of Truckload to Intermodal Spot Rate

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

Up 3.5% from prior week.
Up 0.5% from prior year.

Domestic 53' Intermodal Spot Rate:

Down 1.2% from prior week.
Down 11.1% 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 $3.602 per gallon this week, which is up $0.041 or 1.15% from the prior week.

The diesel price per gallon is down $0.261 or 6.8% 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.