Intermodal volumes were stronger than their four-week trailing average in week 20, though still down 14% compared to the same period in 2019. Air pockets remain in containerized freight networks — there will be soft periods on a lag to demand going forward — but it seems clear to us that the bottom is in.
Barring a severe second wave of infections in the fall, we are increasingly confident that the worst public health and economic impacts of the coronavirus occurred in April. On April 14, Bank...
https://www.freightwaves.com/news/passport-research-intermodal-markets-signs-of-life