"The performance of the Domestic Intermodal sector is extremely impressive given the current economic conditions," said Lawrence Gross, Senior Consultant for FTR and principal author of the Intermodal Monthly Update. "Although the level of domestic intermodal traffic has declined, the decline has been less severe than the truck's, resulting in increased share. Domestic share has been increasing quite steadily since the third quarter of 2007."
"This analysis provides evidence that domestic intermodal's value proposition continues to resonate with shippers," Gross continued. "With intermodal speeds and reliability hitting all-time levels, shippers have more incentive than ever to take advantage of the superior economics that intermodal offers in many instances."