Fireside Chat: Put it on the rail - Intermodal in 2020 - 3PL Summit

Published: Aug. 4, 2020, 2:19 p.m.

When Celtic International President Doug Punzel looks back at the intermodal marketing company\u2019s volumes in mid-June, he sees Celtic beating last year\u2019s levels for the same week. Intermodal volume reported by the country\u2019s major railroads, meanwhile, is slowly climbing out of the double-digit year-over-year decreases that hit the industry during the first quarter of the year.\n\xa0\nBoth trends are reasons for Punzel to believe the intermodal market is in a relatively good position for the second half of 2020.\n\xa0\n\u201cForecasters are saying that for the balance of this year, intermodal won\u2019t get back to last year\u2019s levels, let alone 2018 levels,\u201d Punzel told Mike Baudendistel, FreightWaves\u2019 market expert for rail and intermodal, during a fireside chat at FreightWaves 3PL Summit\n\xa0\nFreightWaves virtual events\nWatch\nApple Podcasts\nSpotify\nMore FreightWaves Podcasts\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices