US intermodal growth to slow as tariffs pinch

US intermodal volume is set to grow for the third straight year but at a slower rate than 2018, thanks to international and domestic pressures. Tariffs on Chinese goods threaten the consumer confidence that drives the railing of containerized imports and US manufacturing. Trucking will also compete for domestic freight as spot market capacity is more abundant than it was a year ago, pressuring Class I railroad operators and intermodal market companies to be more competitive with price and service.

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