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For release May 20, 2005
Contact: MAGGIE MILLER
Manager, Marketing
voice (301) 982-3400, ext. 350
fax (301) 982-4815

Intermodal Volume Up 6.7% in First Quarter Thanks to Strong International Gains

Q1 2005 Results Show Third-Straight Quarter of Double-Digit International Growth

CALVERTON, MD, May 20, 2005 — A strong showing of international growth bolstered declines in domestic figures to boost Q1 2005 intermodal volume up 6.7%, according to Intermodal Market Trends & Statistics, a quarterly publication of the Intermodal Association of North America (IANA). This growth signifies 12 continuous quarterly gains in overall intermodal volume – another new IANA record. All nine regions that IANA tracks saw improved international volume, with seven regions posting dramatic double-digit gains.

First Quarter 2004/2005 Intermodal Volume Comparisons

2004 Equipment Types Q1 2004 Q1 2005 Change
Trailers 616,896 610,107 -1.1%
Domestic Containers 756,678 723,983 -3.0%
All Domestic Equipment 1,363,574 1,334,090 -2.2%
ISO Containers 1,607,573 1,837,566 +14.3%
Total 2,971,147 3,171,656 +6.7%

While international growth was strong (the third best international growth quarter ever posted), domestic results were down amid reports of slowing factory output and improved truckload capacity. This was domestic’s first negative quarter since late 2003, and the largest decline since the 2001 recession.

Accredited journalists may obtain a sample copy of the Q1 2005 issue of Intermodal Market Trends & Statistics by contacting Rip Watson by e-mail at rip.watson@intemodal.org or phone at (301) 982-3400, ext. 329. Intermodal Market Trends & Statistics is produced quarterly by IANA and is available on a subscription and individual copy basis. For subscription information, please contact Tara Mullen at ext. 366 or tara.mullen@intermodal.org.

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.

Intermodal Association of North America, Suite 1100, 11785 Beltsville Drive, Calverton, MD 20705 http://www.intermodal.org/