Weekly discussion and analysis on the trends in the intermodal spot rate market. The InTek intermodal spot rate index decreased 16.8% 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.
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.
We talk with hundreds of shippers about intermodal every year in sales calls, blog discussions, social media and through our participation on leading industry panels sponsored by IANA (Intermodal Association of North America) and the TIA (Transportation Intermediaries Association). The one topic that always comes up is: who are the largest and best intermodal providers in the market today?
InTek Freight & Logistics understands people are a bit anxious when onboarding a new freight provider into their business, which comes from unknowns and “what did I miss in the vetting process”.
Temperature controlled freight is not just a need for the heat of summer months, but often is a year round requirement for some commodities.