Intermodals Global Market Report 2022 – By Type (Container-On-Flatcar (Cofc), Trailer-On-Flatcar (Tofc)), By Destination (Domestic, International), By Application (Oil And Gas, Aerospace And Defense, Industrial And Manufacturing, Construction, Chemical, Food And Beverages, Healthcare, Other Applications) – Market Size, Trends, And Global Forecast 2022-2026

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The intermodal market consists of sales of intermodal rail freight transportation services and related goods by entities (organizations, sole traders, and partnerships) that provide the transportation of freight in an intermodal container. In this mode, handling of the freight is not done manually when changing a rail carrier, thus increasing the security of the transported product substantially. Only goods and services traded between entities or sold to end consumers are included.

The main types in the intermodal market are container-on-flatcar (COFC) and trailer-on-flatcar (TOFC). The COFC is a type of rail freight service in which an empty container is loaded and transported on the train's flatcar. The intermodals market is covered by destination into domestic and international and by application into oil and gas, aerospace and defense, industrial and manufacturing, construction, chemical, food and beverages, healthcare, and others.

The global intermodals market size is expected to grow from $41.28 billion in 2021 to $44.88 billion in 2022 at a compound annual growth rate (CAGR) of 8.7%. The intermodal market is then expected to grow to $54.05 billion in 2026 at a CAGR of 4.8%.

The sustainable nature of intermodal rail transport is expected to drive the intermodal market. Unlike truckloads, rails use less fuel and are faster, which makes intermodal transportation energy and cost-efficient. Over the years, rail fuel efficiency has firmly increased, making it the most environmentally sustainable means of transporting goods overland transport. According to the Association of American Railroads (AAR), the USA freight railways can move one ton of freight more than 470 miles per gallon of fuel on an average. AAR analysis of federal data finds that if 25% of truck traffic traveling at least 750 miles went by rail instead, annual greenhouse gas emissions expected to fall by around 13.1 million tonnes and if 50% of truck traffic moving at least 750 miles, the greenhouse gas emissions dropped by about 26.2 million tonnes. The most fuel-efficient form of land transport is moving freight by rail, which reduces transportation costs and promotes brand control for a sustainable environment that encourages the growth of the intermodal market.

The competition from the trucking market is anticipated to hinder the intermodal market over the forthcoming years. Limited origin and destination pairing and finite market providers are the major limitations of the intermodal over truck loads. Intermodal is not the appropriate solution for every possible origin and destination zip code pairing attributing to the restricted number of intermodal railroad ramps and dray typically needs to be within 100 miles of their respective ramp. Moreover, the limited number of rail intermodal providers over truckloads is another major challenge for the rail intermodal industry. Thus, truckloads are preferred over rail transport, subsequently restricting the growth of the intermodal market.

Organizations are implementing precision scheduled railroading that is gaining popularity in the intermodal market over recent years. Precision scheduled railroading (PSR) is a plan that includes centralizing operations, reducing staff, running less, heavier, faster trains, and optimizing the network to increase efficiency. For instance, in April 2019, Norfolk Southern rolled out the precision-scheduled railroading (PSR) plan to improve its services. In addition to this, according to Railway Gazette International, in 2019, Kansas City Southern has implemented precision scheduled railroading for improved cost structure, improved customer service, and consistent and reliable operations.

In June 2020, the Canadian Pacific Railway (CP), a Canadian-based railway offering transportation services and supply chain expertise across North America acquired the entire network of the Central Maine and Quebec Railway (CMQ) for an undisclosed amount. The acquisition provides CP with direct links to Searsport, Maine, and Port Saint John, New Brunswick's Atlantic seaports, which offer CP a 320 km shorter route than competing railways from the east coast to Montreal and Toronto. It also enabled the company to serve customers through a larger coast-to-coast network across Canada and deliver direct Class 1 freight-rail service including intermodal services to the State of Maine. Central Maine and Quebec Railway is a USA-based Class II freight railway that serves intermodal services.

Major players in the intermodal market are Union Pacific Railroad, Canadian National Railway, CSX Transportation, Norfolk Southern Railway, BNSF Railway, DB Schenker, SBB Cargo, CTL Logistics, VTG Rail Logistics, and Kuehen+Nagel Logistics.

North America was the largest region in the intermodal market in 2021. Asia Pacific was the second largest region in the intermodal market. The intermodals market covered in this market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The countries covered in the intermodal market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.

The global intermodals market is segmented -

1) By Type: Container-on-Flatcar (COFC), Trailer-on-Flatcar (TOFC)

2) By Destination: Domestic, International

3) By Application: Oil and Gas, Aerospace and Defense, Industrial and Manufacturing, Construction, Chemical, Food and Beverages, Healthcare, Others

    Table Of Contents

    1. Executive Summary

    2. Intermodals Market Characteristics

    3. Intermodals Market Trends And Strategies

    4. Impact Of COVID-19 On Intermodals

    5. Intermodals Market Size And Growth

    5.1. Global Intermodals Historic Market, 2016-2021, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Intermodals Forecast Market, 2021-2026F, 2031F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Intermodals Market Segmentation

    6.1. Global Intermodals Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Container-On-Flatcar (Cofc)

    Trailer-On-Flatcar (Tofc)

    6.2. Global Intermodals Market, Segmentation By Destination, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Domestic

    International

    6.3. Global Intermodals Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Oil And Gas

    Aerospace And Defense

    Industrial And Manufacturing

    Construction

    Chemical

    Food And Beverages

    Healthcare

    Other Applications

    7. Intermodals Market Regional And Country Analysis

    7.1. Global Intermodals Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    7.2. Global Intermodals Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    8. Asia-Pacific Intermodals Market

    8.1. Asia-Pacific Intermodals Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Intermodals Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    8.3. Asia-Pacific Intermodals Market, Segmentation By Destination, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    9. China Intermodals Market

    9.1. China Intermodals Market Overview

    9.2. China Intermodals Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

    9.3. China Intermodals Market, Segmentation By Destination, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

    10. India Intermodals Market

    10.1. India Intermodals Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    10.2. India Intermodals Market, Segmentation By Destination, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    11. Japan Intermodals Market

    11.1. Japan Intermodals Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    11.2. Japan Intermodals Market, Segmentation By Destination, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    12. Australia Intermodals Market

    12.1. Australia Intermodals Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    12.2. Australia Intermodals Market, Segmentation By Destination, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    13. Indonesia Intermodals Market

    13.1. Indonesia Intermodals Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    13.2. Indonesia Intermodals Market, Segmentation By Destination, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    14. South Korea Intermodals Market

    14.1. South Korea Intermodals Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    14.2. South Korea Intermodals Market, Segmentation By Destination, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    15. Western Europe Intermodals Market

    15.1. Western Europe Intermodals Market Overview

    15.2. Western Europe Intermodals Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    15.3. Western Europe Intermodals Market, Segmentation By Destination, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    16. UK Intermodals Market

    16.1. UK Intermodals Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    16.2. UK Intermodals Market, Segmentation By Destination, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    17. Germany Intermodals Market

    17.1. Germany Intermodals Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    17.2. Germany Intermodals Market, Segmentation By Destination, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    18. France Intermodals Market

    18.4. France Intermodals Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    18.5. France Intermodals Market, Segmentation By Destination, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    19. Eastern Europe Intermodals Market

    19.1. Eastern Europe Intermodals Market Overview

    19.2. Eastern Europe Intermodals Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    19.3. Eastern Europe Intermodals Market, Segmentation By Destination, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    20. Russia Intermodals Market

    20.1. Russia Intermodals Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    20.2. Russia Intermodals Market, Segmentation By Destination, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    21. North America Intermodals Market

    21.1. North America Intermodals Market Overview

    21.2. North America Intermodals Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    21.3. North America Intermodals Market, Segmentation By Destination, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    22. USA Intermodals Market

    22.1. USA Intermodals Market Overview

    22.2. USA Intermodals Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    22.3. USA Intermodals Market, Segmentation By Destination, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    23. South America Intermodals Market

    23.1. South America Intermodals Market Overview

    23.2. South America Intermodals Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    23.3. South America Intermodals Market, Segmentation By Destination, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    24. Brazil Intermodals Market

    24.1. Brazil Intermodals Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    24.2. Brazil Intermodals Market, Segmentation By Destination, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    25. Middle East Intermodals Market

    25.1. Middle East Intermodals Market Overview

    25.2. Middle East Intermodals Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    25.3. Middle East Intermodals Market, Segmentation By Destination, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    26. Africa Intermodals Market

    26.1. Africa Intermodals Market Overview

    26.2. Africa Intermodals Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    26.3. Africa Intermodals Market, Segmentation By Destination, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    27. Intermodals Market Competitive Landscape And Company Profiles

    27.1. Intermodals Market Competitive Landscape

    27.2. Intermodals Market Company Profiles

    27.2.1. Union Pacific Railroad

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. Canadian National Railway

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. CSX Transportation

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. Norfolk Southern Railway

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. BNSF Railway

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    29. Key Mergers And Acquisitions In The Intermodals Market

    29. Intermodals Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Research Inquiries

    30.4. The Business Research Company

    30.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2016-2021, $ Billion
  • Table 2: Global Forecast Market Growth, 2021-2026F, 2031F, $ Billion
  • Table 3: Global Intermodals Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 4: Global Intermodals Market, Segmentation By Destination, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 5: Global Intermodals Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 6: Global Intermodals Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 7: Global Intermodals Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 8: Asia-Pacific, Intermodals Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 9: Asia-Pacific, Intermodals Market, Segmentation By Destination, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 10: China, Intermodals Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 11: China, Intermodals Market, Segmentation By Destination, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 12: India, Intermodals Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 13: India, Intermodals Market, Segmentation By Destination, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 14: Japan, Intermodals Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 15: Japan, Intermodals Market, Segmentation By Destination, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 16: Australia, Intermodals Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 17: Australia, Intermodals Market, Segmentation By Destination, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 18: Indonesia, Intermodals Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 19: Indonesia, Intermodals Market, Segmentation By Destination, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 20: South Korea, Intermodals Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 21: South Korea, Intermodals Market, Segmentation By Destination, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 22: Western Europe, Intermodals Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 23: Western Europe, Intermodals Market, Segmentation By Destination, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 24: UK, Intermodals Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 25: UK, Intermodals Market, Segmentation By Destination, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 26: Germany, Intermodals Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 27: Germany, Intermodals Market, Segmentation By Destination, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 28: France, Intermodals Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 29: France, Intermodals Market, Segmentation By Destination, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 30: Eastern Europe, Intermodals Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 31: Eastern Europe, Intermodals Market, Segmentation By Destination, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 32: Russia, Intermodals Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 33: Russia, Intermodals Market, Segmentation By Destination, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 34: North America, Intermodals Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 35: North America, Intermodals Market, Segmentation By Destination, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 36: USA, Intermodals Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 37: USA, Intermodals Market, Segmentation By Destination, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 38: South America, Intermodals Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 39: South America, Intermodals Market, Segmentation By Destination, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 40: Brazil, Intermodals Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 41: Brazil, Intermodals Market, Segmentation By Destination, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 42: Middle East, Intermodals Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 43: Middle East, Intermodals Market, Segmentation By Destination, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 44: Africa, Intermodals Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 45: Africa, Intermodals Market, Segmentation By Destination, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 46: Union Pacific Railroad Financial Performance
  • Table 47: Canadian National Railway Financial Performance
  • Table 48: CSX Transportation Financial Performance
  • Table 49: Norfolk Southern Railway Financial Performance
  • Table 50: BNSF Railway Financial Performance

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