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 July 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Piraeus Port Posts Flat Profit, Sales Dip

Greece's Piraeus Port (OLP) , the largest in the country, said its first-half net profit was almost unchanged from the same year-ago period, while sales fell. Piraeus Port,

Hyde Marine to Display Ballast Water Tech at SMM

Hyde Marine, Inc., a ballast water treatment technology company, will showcase its Hyde GUARDIAN Gold HG250G Ballast Water Treatment System (BWTS) at the upcoming Shipbuilding,

Report: Ports Lack Maintenance Support

The latest Barometer Report from Trelleborg has revealed a huge gap in the maintenance requirements of port owners and operators, and the support that suppliers are able to provide.

Container Ships

Shanghai Port's Q2 Profit Down; China Trade Flagging

Shanghai International Port , the operator of the world's busiest container port, reported earnings on Wednesday that showed its second-quarter net profit fell 2.

Pariah Containership Banned from Australian Ports

The Australian Maritime Safety Authority (AMSA) informs that it has issued a direction to the container ship 'Vega Auriga' (IMO 9347786) that prohibits the ship

COSCO Resorts to Rate Restoration for F. East to S Africa Trade

COSCO Container Lines would like to announce Rate Restoration for all shipments (include reefer cargo) from Far East to South Africa Trade and take effect from September 1, 2014.

News

Survitec Escape Slide Chosen for Norwegian Ferry

The all-electric Zero Cat ferry, currently under construction at the Fjellstrand yard in Norway, will enter service next year with Norled as the first Norwegian

First N.American Boat Powered by Volvo Penta IPS

Thomas Paine, the new 50-ft. aluminum patrol boat that joined the Massachusetts Environmental Police fleet in July, is the first commercial vessel in North America

Piraeus Port Posts Flat Profit, Sales Dip

Greece's Piraeus Port (OLP) , the largest in the country, said its first-half net profit was almost unchanged from the same year-ago period, while sales fell. Piraeus Port,

Logistics

Piraeus Port Posts Flat Profit, Sales Dip

Greece's Piraeus Port (OLP) , the largest in the country, said its first-half net profit was almost unchanged from the same year-ago period, while sales fell. Piraeus Port,

Wishful Thinking From Across the Pond

European Shipowners Pursue Softening of the Jones Act Just last month, the Secretary General of the European Community Shipowners’ Association (ECSA) opined that

Scottish Independence Would Hurt Maritime Sector

A vote for independence from the U.K. would have a negative effect on the Scottish shipping and offshore maritime sector, according to a survey by leading international

 
 
Maritime Careers / Shipboard Positions Maritime Security Naval Architecture Navigation Pipelines Port Authority Ship Electronics Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1389 sec (7 req/sec)