Weekly discussion and analysis on the trends in the intermodal spot rate market. The InTek intermodal spot rate index decreased 15.7% from the prior week.
Overview InTek Freight & Logistics offers a 40’ and 45’ ISO intermodal container capacity for inland domestic shipments to provide shippers an additional freight option for freight capacity and value, while helping the ocean freight companies reposition their containers with revenue producing freight.
Everything you need to know about domestic intermodal and how to be successful implementing it into your logistics strategy. Gives tips, tricks and insights on intermodal and what to watch out for when converting from truckload to intermodal.
Every year predictions are made on what the coming year is to be. Some of the predictions come true; others never see the light of day; and still others never make the list of predictions, yet weigh heavily on the year.
Logistics and supply chain decisions have a direct impact on a company’s bottom line and its success to achieve a competitive advantage in the markets they serve.
As we talk to shippers across North America on the merits of intermodal, we often hear from shippers, “we only work with asset intermodal providers".
For years, InTek has been laser focused on domestic intermodal as an alternative to truckload options for price and capacity requirements.
We are constantly being bombarded by articles telling us trucking capacity is tight or will soon be tight and they go on to give numerous reasons why it is the case this time around. These constant hits have jaded many of us to a point that they are considered marketing material used by the freight community to justify higher prices, but for others it causes them to look for alternatives for their 53’ freight capacity requirements.
The truckload marketplace is a highly fragmented market with 700,000 motor carrier companies, with 91.0% operating 6 or fewer trucks and 97.3% operating fewer than 20 trucks.
The U.S. Environmental Protection Agency (EPA) welcomes InTek Freight & Logistics into its SmartWay Agency program of roughly four thousand (4,000) motor carriers and freight logistics providers.
Today’s complex supply chain have companies operating in highly competitive markets to meet customers where they are in their buying requirements have elevated the need for businesses to employ the best possible logistics and supply chains execution and strategies and get out of the daily firefighting of tracking, tracing and recovering inbound and outbound shipments of your company, but to get to that position takes time, talent and resources many companies do not have at their disposal but need it to better their position in the market they compete.