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Intermodal Spot Rate Pricing Trendline Analysis Blog Feature
Rick LaGore

By: Rick LaGore on January 19th, 2021

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Intermodal Spot Rate Pricing Trendline Analysis

Truckload | Intermodal Transportation

Weekly discussion and analysis on the trends in the intermodal spot rate market.

intermodal transportationThe InTek intermodal spot rate index decreased 16.8% from the prior week.  

For the week of January 19, 2021, domestic intermodal spot rate index:

  • Down 16.8% from prior week.
  • Down 26.9% from 90 days ago.
  • Up 26.8% from prior year.

Lane Stats: 13.8% increased, 41.4% decreased and 44.8% went unchanged. 

This week's double digit decrease combined with last week's decrease has the intermodal spot rate index down 32.5%.

The dramatic decrease over the past two weeks was primarily driven from the SoCal and NorCal outbound lanes into primary intermodal markets.  

Intermodal Volume

2021 YTD Intermodal Volumes:

Total North America:   10.6%

  • USA:   11.6%
  • Canada:   13.4%
  • Mexico:   -15.0%

By Equipment Type:

  • Container:   23.5%
  • Trailer:   9.7%

Comparison of Truckload to Intermodal Spot Rate 

The national truckload spot rate decreased 2.3% last week, as reported by the DAT Trendline Report.   

Domestic 53' intermodal spot rates decreased 7.6% (on a weighted average mileage basis) from the prior week.  The two week decrease is 11.2%

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: 

diesel fule priceThe EIA (U.S. Energy Information Administration) reported average diesel fuel price of $2.696 per gallon this week, which is up $0.026 per gallon from the prior week.

The diesel price per gallon is down $0.341 or 11.2% from the same period last year.

The EIA's January 2021 diesel price average price projection is $2.71 per gallon for calendar year.

EIA's most recent 2021 projection for oil & diesel prices:

  • WTI - $49.70
  • Brent - $52.70

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

  • 53' Domestic Intermodal Price Index & Diesel Fuel Prices
  • Variance to January 1, 2013 Baseline
  • Rolling 52 Year-over-Year Comparison - 53' Domestic Intermodal and Diesel Fuel Prices
  • Rolling 52 Year-over-Year % Change - 53' Domestic Intermodal and Diesel Fuel Prices
  • 53' Domestic Intermodal and Diesel Prices Quarter-Over-Quarter Comparison  

Intermodal Spot Rate vs Diesel Prices-Jan-21-2021-03-52-53-34-PM

Intemodal Spot Rate Index Baseline-Jan-21-2021-03-52-53-71-PM

Yr-Over-Yr Comparison Intermodal Spot Rate vs Diesel Prices-Jan-21-2021-03-52-54-51-PM

Yr-Over-Yr Percentage Comparison Intermodal Spot Rate vs Diesel Prices-Jan-21-2021-03-52-53-18-PM

Qtr-Over-Qtr Comparison Intermodal Spot Rate vs Diesel Prices-Jan-21-2021-03-52-54-50-PM

For more on 53' domestic intermodaltruckload , cross-border and managed transportation services, please sign-up for our weekly blogs and visit the InTek Freight and Logistics website.

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About Rick LaGore

Rick is the co-founder and CEO of InTek Freight & Logistics, a company focused on being the place where companies come when faced with a logistics problem.

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