LTL and Intermodal Overshadow TL in Third Quarter

Intermodal volume achieved a six quarter high.

Shipment volume increased along with the invoice amount per load and total revenues of over-the-road truckload (TL), rail intermodal (IM) and Less-than-Truckload (LTL) carriers, according to the latest 3PL Market Report  published by the Transportation Intermediaries Association. The report represents nearly 1.4 million shipments and $2.5 billion in total revenue for Q3 2013.

 

Mode Summary Q3 13 vs. Q3 12

Metric

TL

LTL

Intermodal

Total Shipments

3.8%

8.3%

7.8%

Invoice Amount/Load

0.8%

5.5%

4.6%

Total Revenue

3.3%

14.3%

12.8%

Margin %

-90 Basis Points

-100 Basis Points

-50 Basis Points

Within the three modes, LTL and intermodal led the way with their increases in total revenue, shipments and invoice amount per load. With a focus on a six rolling quarters comparison, from Q1 2012 to Q3 2013, intermodal volume achieved a six quarter high in Q3 2013.

“3PLs continued to grow, expand, and change their businesses,” said TIA President & CEO Robert Voltmann.  “The percent of 3PLs offering intermodal and LTL continues to increase each quarter and 100% of all 3PLs report activity in TL.”

The 22 page report is based on a monthly survey of TIA members who submit real operating data, and answer questions on business conditions affecting the 3PL industry. TIA’s efforts are providing a truly comprehensive report on the trends and practices of the 3PL industry.

 

 

 

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