Big Box Segment Carries Most US Loads Say IANA

MarineLink.com
Monday, August 05, 2013
Image courtesy of IANA

Domestic container volume continued its steady performance in the second quarter of 2013 with 9 percent year-over-year gains, largely attributable to a strong big box segment, with total intermodal traffic rising by 2.4 percent for the quarter, reports industry trade association IANA.

International volume was unable to build on its solid Q1 growth, falling 1.3 percent in Q2 after posting 3 percent gains in Q1. This decline can be attributed to surprisingly weak shipments in June, with loads falling 6 percent from a year ago. It is unclear if the June trail off is an indicator of more to come or if the 6 percent dip is an outlier.
 
Intermodal trailer volumes declined 2.5 percent when compared to 2012’s Q2, but this loss was less than half of the decrease in loads experienced in Q1.
 
“Domestic container volume was the foundation of intermodal growth in both the second quarter and year to date,” said Joni Casey, President and CEO of IANA. “Despite some segments slowing in Q2, the Market Trends and Statistics data confirm the industry’s underlying momentum.”

Intermodal marketing company (IMC) volume slowed and intermodal loads ended up gaining only 1.1 percent, as opposed to 2.2 percent in Q1. However, while weakening imports and related transloads may have contributed to Q2’s performance, stronger gains in highway volume helped offset the slower growth in intermodal business.
 
The Northeast United States posted a gain of 3 percent in outbound intermodal loads while inbound volume kept pace with a 4 percent increase from Q2 2012. The 3 percent gain in total Northeast shipments was slightly better than the 2.4 percent industry average and the region’s share of intermodal traffic remained steady at 10 percent.

Regional traffic in the Southeast United States grew 8.1 percent compared to Q2 2012, with domestic container volume leading the way up 12.4 percent, surpassing the industry average of 9 percent growth. Southeast international intermodal also bested industry statistics with a 6.7 percent gain compared to a 1.3 percent drop nationwide.

Intermodal Market Trends & Statistics is published quarterly by IANA and is available on a subscription and individual copy basis. Members of the press may request a sample copy of the Q2 2013 Intermodal Market Trends & Statistics from Tara Mullen at tara@intermodal.org.  The report features detailed analyses and reproducible graphical representations of Q2 2013 results.   
 

Maritime Reporter June 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

New Binding Law of The Sea Agreement Advanced

WOC Sustainable Ocean Summit (Singapore, 9-11 November 2015) Will Enable Industry to Organize its Input to this Major New Ocean Treaty Development The U.N.

Oceans Can’t Take Any more: Researchers Fear Fundamental Change

Our oceans need an immediate and substantial reduction of anthropogenic greenhouse gas emissions. If that doesn’t happen, we could see far-reaching and largely

Teekay LNG Partners Declares Distribution

Teekay GP LLC, the general partner of Teekay LNG Partners L.P. has declared a cash distribution of $0.70 per unit for the quarter ended June 30, 2015. The cash distribution is payable on August 14,

Container Ships

Greek Shipping Mulls Cyprus Move

Greek shipping companies are looking into moving to Cyprus due to the instability and uncertainty in Greece, it emerged, reports Cyprus News Agency.   The director

Maersk Returns to the Port of Baltimore

Maryland Lt. Governor Boyd Rutherford, along with congressional, state and local officials, officially welcomed Denmark-based Maersk Line, part of the Maersk Group

Container Equipment Costs at Record Low

Low material costs and stable demand has driven the price of new container equipment down to record lows where it is forecast to stay, according to the latest edition

News

New Binding Law of The Sea Agreement Advanced

WOC Sustainable Ocean Summit (Singapore, 9-11 November 2015) Will Enable Industry to Organize its Input to this Major New Ocean Treaty Development The U.N.

Oceans Can’t Take Any more: Researchers Fear Fundamental Change

Our oceans need an immediate and substantial reduction of anthropogenic greenhouse gas emissions. If that doesn’t happen, we could see far-reaching and largely

Teekay LNG Partners Declares Distribution

Teekay GP LLC, the general partner of Teekay LNG Partners L.P. has declared a cash distribution of $0.70 per unit for the quarter ended June 30, 2015. The cash distribution is payable on August 14,

Logistics

Antwerp, Duisburg Ports to Upgrade Rly Link

The Port of Antwerp and duisport are intensifying their cooperation as the Port of Antwerp will participate in the existing rail shuttle service connecting the two ports.

Litgas, Statoil JV to Develop Baltic Sea LNG

Natural gas supply and trading company Litgas, part of Lithuania's state owned energy holding Lietuvos Energija, and Statoil, leading global energy company in oil and gas production,

Greek Shipping Mulls Cyprus Move

Greek shipping companies are looking into moving to Cyprus due to the instability and uncertainty in Greece, it emerged, reports Cyprus News Agency.   The director

 
 
Maritime Contracts Maritime Security Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2533 sec (4 req/sec)