International volume surged 16.9% in Q4 2010, helping to push overall intermodal volume up 14.7% for the year, according to a report released today by the Intermodal Association of North America (IANA). IANA’s Intermodal Market Trends & Statistics Report stated that the strong fourth quarter international results also helped overall 2010 international volume to increase 18.5% ’ the highest increase since IANA began reporting intermodal statistics in 1996. After several previous quarters of decline, international intermodal volume surged every quarter of 2010, driven primarily by retailers rebuilding inventories.
Fourth Quarter 2010 Intermodal Volume Comparisons
|All Domestic Equipment||1,484,209||1,609,560||8.4%|
Overall 2010 Intermodal Volume Comparisons
|All Domestic Equipment||5,565,035||6,125,375||10.60%|
Total domestic volume during the quarter was the highest ever recorded by IANA, topping 1.6 million loads, helping make 2010 the best growth year for overall domestic business since IANA started reporting intermodal statistics. Domestic container growth was up 8.9% in Q4 2010, ending the year 13.3% above 2009 figures. This increase followed a 7.0% gain in 2008 and 2.9% growth in 2009. Unlike international volumes, domestic container volumes never declined during the recent recession.