Rail intermodal to ‘struggle’ in 2023, consulting firm says

Capt. John

Consulting firm FTR Transportation Intelligence expects rail intermodal to face a tough year in 2023 amid weaker demand, a competitive truck market and a shift in U.S. port activity away from the West Coast to East and Gulf ports that utilize shorter inland hauls.

All of the rail intermodal segments — domestic and international — “are going to struggle” in 2023, said Todd Tranausky, FTR vice president for rail and intermodal, during a webinar last week.

Growth could happen in the fourth quarter...

https://www.freightwaves.com/news/rail-intermodal-to-struggle-in-2023-consulting-firm-says

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