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Intermodal's 48% Cost Advantage Over Truckload Drives Fastest Modal Conversion Pace in Years

By ANKPOST Research · 2026-06-20

U.S. truckload markets remain tight heading into summer produce season, with elevated spot rates and worsening route guide depth straining capacity across dry van, refrigerated, and flatbed segments. Truckload spot rates have climbed to $3.08 per mile compared to intermodal spot rates of $1.61 per mile — an approximate 48% cost advantage for rail that is accelerating modal conversion at the fastest pace seen in years.

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How wide has the truckload-intermodal cost gap become?

The national load-to-truck ratio has widened further in recent weeks, with open market load postings up 65% compared to May 2025 and a 23% decline in open market capacity postings over the same period — a combination that signals both rising demand for available trucks and a shrinking pool of trucks willing to take that freight at current rates. With trucking capacity expected to stay constrained through summer produce season and into Q3, the rate gap between truckload and intermodal is unlikely to close quickly.

Metric Figure Context
Truckload spot rate $3.08/mile Current national average
Intermodal spot rate $1.61/mile Current national average
Cost advantage for intermodal ~48% Truckload vs. intermodal per-mile cost
Open market load postings, YoY +65% Vs. May 2025
Open market capacity postings, YoY -23% Vs. May 2025

Does this modal shift create new pressure points for shippers?

Shifting volume onto intermodal at this pace increases demand for rail-served distribution capacity and drayage at intermodal ramps, which can offset some of the line-haul savings if ramp dwell times and drayage availability don't scale with the added volume — a dynamic already being reported at some inland intermodal ramps facing elevated demand. Shippers converting truckload freight to intermodal purely to capture the 48% rate gap should budget for the added transit-time variability and ramp-side handling costs that come with the switch.

What Shippers Should Do

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