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Sept.19. 2016

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Page 34 of 55 THE JOURNAL OF COMMERCE 35 INTERMODAL MARKET REPORT SPECIAL REPORT After years of economic headwinds, the intermodal industry is fully invested in a turnaround — whenever it comes JONI CASEY: Just to set the stage for our conversation, we've got losses in all of our markets as of July's num- bers. Trailers are down signifi cantly as they have been, based on Triple Crown comparisons. Domestic ship- ments were down 1.1 percent, and all domestic loads, with the trailer impact, were down 6.9 percent. International shipments were down 10.9 percent for a total decrease in July volumes of 9 percent. While it's disappointing to have declines in all the market segments, if you look at when the Fourth of July occurred, we think that is an infl uenc- ing factor because it looked like most of the domestic shipments pushed to the end of June versus July because the holiday occurred on a Monday. We'll see what happens in August to see whether that was a primary fac- tor. The sense from our analysis is that maybe businesses accelerated their LIGHT AT THE END OF THE TUNNEL ? On Aug. 17, Executive Editor Mark Szakonyi and Associate Editor Reynolds Hutchins sat down with fi ve prominent executives to discuss trends, outlook, and operational issues in the international and domestic intermodal market. In the fi rst of this two-part Q&A, Joni Casey, president and CEO of the Intermodal Association of North America; Katie Farmer, group vice president of consumer products at BNSF Railway; Adriene Bailey, chief strategy offi cer at Yusen Logistics' Americas division; David W. Manning, president of TCW; and Michael B. Wilson, senior vice presi- dent of Hamburg Sud North America, address the soft market, the impact of ocean alliances and consolidation, and what the intermodal industry has done — and what still needs to be done — to improve supply chain effi ciency. The conversation will continue at the 2016 Intermodal Expo in Houston Sept. 18-20, and in the Oct. 3 Journal of Commerce.

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