Intermodal Spot Rate Pricing Trendline Analysis

Weekly discussion and analysis: Trends in the intermodal spot rate market

Intermodal Spot Rate Per Mile (including Fuel)-Jan-22-2025-06-21-30-4935-PM

For the week of January 28, 2025, domestic intermodal spot rate index:

Up 0.4% from prior week.
Down 8.0% from prior year.

Year-to-Date Intermodal Volume by Region and Railroad vs. 2024

North American Intermodal: 10.3%

United States: 10.9%

Railroad

BNSF: 14.3%
CN: 9.0%
CPKC: 14.6%
CSX: 2.7%
GMXT: 0.7%
NS: 1.6%
UP: 23.3%

Comparison of Truckload to Intermodal Spot Rate

National Truckload Spot Rate (as reported by the DAT Trendline Report):

Down 1.0% from prior week.
Up 0.5% from prior year.

Domestic 53' Intermodal Spot Rate:

Up 0.4% from prior week.
Down 8.0% from prior year.

For a full review of the 2024 US Intermodal Savings Against Truckload we point you to a tremendous piece of research the Journal of Commerce publishes quarterly.

Diesel Fuel Update

The U.S. Energy Information Administration (EIA) reported an average diesel fuel price of $3.659 per gallon this week, which is down $0.056 or 1.51% from the prior week.

The diesel price per gallon is down $0.208 or 5.4% from the same period last year.

The full spreadsheet of the historical weekly price moves of diesel full can be found at https://www.eia.gov/petroleum/gasdiesel.