The intermodal market has been experiencing slow recovery from a freight recession, complicated by global disruptions and potential strikes which could further impact the U.S. economy and supply chain. Experts at the Intermodal Expo 2024 discussed strategies to regain market share and adapt to new shipping routes due to geopolitical tensions. PRIMO’s integration of advanced technology and personalized support directly addresses the complexities of managing disrupted intermodal logistics, providing a seamless, efficient solution for businesses navigating these challenging market conditions.

• Intermodal Market Recovery: The intermodal market is slowly recovering from the freight recession, but domestic intermodal market share remains stagnant.
• Global Supply Chain Disruptions: Events like Houthi attacks on ships in the Red Sea have significantly impacted container demand and freight rates.
• Potential Port Strike: A potential strike by the International Longshoremen’s Association could severely disrupt the U.S. supply chain and economy.
• Freight Transportation Trends: Despite market challenges, there is a slight uptick in freight growth, with transloading becoming more prominent, especially from Mexico.

Reference: ttnews.com