SONAR now includes intermodal savings rates for 63 individual lanes across the US, in addition to existing contract rate data. The LA to Dallas lane has a 9% intermodal savings rate, below the national average of 23%. The savings rate compares rates including fuel surcharges for both modes, highlighting the fuel efficiency advantage of intermodal.

The new dataset targets shippers in dense corridors and longer haul lanes where rail intermodal could be a viable alternative to truckload. The 63 chosen lanes have sufficient intermodal density and rate data, making intermodal a feasible option for shippers looking for cost-effective and efficient transportation solutions.

The Transcontinental Index shows average intermodal savings for five dense intermodal lanes outbound from Los Angeles, providing importers insight on rate changes for moving goods to consumption centers. The Local East Index displays average savings for nine lanes in the eastern US, highly competitive with dry van and influenced by truckload market conditions.

SONAR’s addition of intermodal savings rates provides valuable information for shippers considering rail intermodal as a cost-effective transportation option. The platform’s new dataset offers insights into potential savings and efficiency benefits for moving freight in dense corridors and longer haul lanes where intermodal could be a viable alternative to traditional truckload services.

Read more at Yahoo Finance: SONAR adds intermodal savings rates