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Intermodal savings held steady in Q4,
in line with long-term averages

The average intermodal contract saves a shipper about 27% off trucking on a historical basis, although the savings may be far less if the distribution center is far away from the terminal.
The average intermodal contract saves a shipper about 27% off trucking on a historical basis, although the savings may be far less if the distribution center is far away from the terminal.

The average intermodal contract saves a shipper about 27% off trucking on a historical basis, although the savings may be far less if the distribution center is far away from the terminal. 

Intermodal shippers in the US saved 27% in their annual contracts by shipping via domestic intermodal rail rather than by truck in the fourth quarter, according to the latest Journal of Commerce Intermodal Savings Index (ISI). The figure is nearly on par with the discount in Q4 2022 and consistent with the historical average. 

Shippers will likely continue to save about 25% to 27% for the foreseeable future as neither truckload nor rail contracts are showing signs of inflation. 

In the spot market, an average shipper saved about 17.5% using domestic intermodal in the fourth quarter, up from 14.8% a year ago….

Terms of the deal were not disclosed. 

Transportation management system (TMS) provider Shipwell has sold its truckload brokerage unit to CloudTrucks, a technology provider to small carriers. CloudTrucks, which predominantly offers operations management and payment tools to truckload carriers, will incorporate the brokerage business into a new product called CT Exchange. 

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