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Intermodal Growth Surge Continues
to Flow in Second Quarter

Resurgent International Growth Bolsters
Ongoing Domestic Gains

Greenbelt, MD, Aug. 9, 2004 – With domestic trailers once again leading the surge, strong intermodal growth continued throughout Second Quarter 2004 (Q2), accounting for the ninth continuous quarter of intermodal growth, according to Intermodal Market Trends & Statistics, a quarterly publication of the Intermodal Association of North America (IANA). With great command, intermodal growth increased from an already impressive 7.1% in First Quarter 2004 (Q1) to a stellar 8.5% in Q2. In the last three quarters, intermodal growth increases averaged 8.1%, accounting for the three strongest consecutive quarters of intermodal growth since IANA began collecting intermodal statistical data in 1996.

Trailers led Q2 volume leaders with a 12.1% rise, followed by a very strong increase in international volume of 8.3%, up sharply from its somewhat sluggish 5.7% rise in Q1. Though international volume may have been second-place among volume increases, it posted the largest absolute gain among major equipment categories, posting 130,000 more loadings than Q2 2003 results.

While total domestic intermodal volume posted a record gain for the second consecutive quarter at 8.8%, domestic container volume slowed slightly, rising just 6.2% following its 7.0% Q1 increase. Domestic volume has now grown in eight of the last nine quarters. But despite recent domestic gains, international containers still carried the majority of intermodal freight—55% of Q2 loadings.

For more informative intermodal transportation statistics from the latest issue of Intermodal Market Trends & Statistics, accredited journalists may obtain a sample copy by contacting Matt Mlynarczyk by e-mail at matt@advocatusgroup.com or phone at (202) 595-1530. Intermodal Market Trends & Statistics is produced quarterly and is available on a subscription and individual copy basis.

Intermodal Market Trends & Statistics is produced quarterly and is available on a subscription and individual copy basis. Accredited journalists may obtain a sample copy of the most recent edition of Intermodal Market Trends & Statistics by contacting Maggie Miller by e-mail at maggie.miller@intermodal.org or phone at (301) 982-3400, ext. 350.

IANA is North America's leading industry trade association representing the combined interests of the intermodal freight industry. IANA's membership includes railroads, water carriers and stacktrain operators; port authorities; intermodal truckers and over-the-road highway carriers; intermodal marketing and logistics companies; and suppliers to the industry such as equipment manufacturers, intermodal leasing companies and consulting firms. IANA's associate members include shippers, academic institutions, government entities and non-profit associations.