Articles by Day: November 8, 2019
Cleveland intermodal transportation is a combination of two or more shipping modes, such as truck, ship, rail or aircraft, used to move goods to their final destination. It’s often most beneficial for shippers who need to move materials a distance of 750 miles or more. Third-party logistics teams are often contracted to help oversee supply chains involving intermodal transport as it involves multiple carriers each responsible for a specific mode.
Intermodal transport has been altered drastically just in the last several decades, with advances including automated terminals and double-stack cars. This led to soaring growth associated with cost reductions and productivity gains. The benefits of Cleveland intermodal transportation are still apparent, but the momentum does appear to be slowing a bit, according to the Intermodal Association of North America (IANA).
Domestic intermodal volume has fallen 6 percent year-over-year in the first half of 2019 and there was a nearly 8 percent drop in the second quarter of 2019. Intermodal traffic moving in trailers and containers has grown just 0.1 percent in the last five years, but it did hit a peak just last year.