Intermodal Freight

AAA

DEFINITION of 'Intermodal Freight'

Products and raw materials that are placed in a container that can be transported by a variety of vehicles, such as container ships, semi-trailer trucks and trains. Containers designed for intermodal freight often adhere to International Organization for Standardization (ISO) dimension guidelines, allowing the freight to remain in the container when transfered between modes of transportation rather than being moved into a container of a different size.

INVESTOPEDIA EXPLAINS 'Intermodal Freight'

The emergence of standardized shipping containers has allowed products and raw materials to travel faster and at a reduced cost. The United States military is often credited with the containerization of shipping during the 1950s, when Department of Defense standards were adopted by the ISO.

RELATED TERMS
  1. International Organization For ...

    The world's largest developer and published of international ...
  2. Dry Bulk Commodity

    A commodity which is shipped in large, unpackaged amounts. There ...
  3. Baltic Dry Index - BDI

    A shipping and trade index created by the London-based Baltic ...
  4. Raw Materials

    A material or substance used in the primary production or manufacturing ...
  5. Delivery

    The action by which an underlying commodity, security, cash value, ...
  6. Nordic Model

    The social welfare and economic systems adopted by Nordic countries.
RELATED FAQS
  1. What was the largest company Warren Buffett ever bought through Berkshire Hathaway?

    The largest acquisition that Warren Buffett has made through Berkshire Hathaway is the Burlington Northern Santa Fe Railway ... Read Full Answer >>
  2. What are the main factors that drive share prices in the railroads sector?

    Several factors drive the railroad industry and railroad company stock prices. As with most businesses, some factors can ... Read Full Answer >>
  3. What is affected by the interest rate risk?

    Interest rate risk is the risk that arises when the absolute level of interest rates fluctuate. Interest rate risk directly ... Read Full Answer >>
  4. Why is a Free on Board (FOB) designation important for freight transportation?

    A free on board (FOB) designation specifies whether the buyer is responsible for freight charges and determines the obligations ... Read Full Answer >>
  5. How does the International Chamber of Commerce define the term 'Free on Board' (FOB)?

    The International Chamber of Commerce (ICC) is one of world's largest business organizations and has published a set of trade ... Read Full Answer >>
  6. What determines if an international trade is Ex Works (EXW) or Free on Board (FOB)?

    "Ex works" (EXW) and "free on board" (FOB) are international trade terms that dictate the responsibilities of buyers and ... Read Full Answer >>
Related Articles
  1. Home & Auto

    5 Investment Risks Created By Global Warming

    Climate-change deniers and believers alike would be wise to prepare for the worst.
  2. Economics

    The Baltic Dry Index: Evaluating An Economic Recovery

    This index can provide insight into economic growth and production, but it has its critics.
  3. Options & Futures

    Explaining The World Through Macroeconomic Analysis

    From unemployment and inflation to government policy, learn what macroeconomics measures and how it affects everyone.
  4. Economics

    Cashing In On Macroeconomic Trends

    Learn to identify the things that may impact your investments down the road.
  5. Investing Basics

    What is a Nominal Value?

    The nominal value of a security, such as a stock or bond, remains fixed for the duration of its life.
  6. Economics

    Explaining the Human Development Index

    The Human Development Index (HDI) is a metric developed by the United Nations to take the emphasis off economic growth and focus on human wellbeing.
  7. Economics

    Gaining Market Influence-- The Case of US Shale

    A convergence of sustained bank financing, falling production costs and rising oil prices might position the US shale industry for a greater market role.
  8. Investing

    Why Some Investors Are Tilting Toward TIPS

    Last month’s five-year TIPS auction drew nearly $48 billion in interest, a sign of recent renewed demand for this inflation indexed asset among investors.
  9. Economics

    What is the International Monetary Fund?

    The International Monetary Fund fosters global monetary cooperation and sustainable economic growth.
  10. Economics

    The Pros & Cons of a Trade Deficit

    Is a trade deficit, also known as a current account deficit, beneficial or detrimental to a country's economy?

You May Also Like

Hot Definitions
  1. Covered Call

    An options strategy whereby an investor holds a long position in an asset and writes (sells) call options on that same asset ...
  2. Butterfly Spread

    A neutral option strategy combining bull and bear spreads. Butterfly spreads use four option contracts with the same expiration ...
  3. Unlevered Beta

    A type of metric that compares the risk of an unlevered company to the risk of the market. The unlevered beta is the beta ...
  4. Moving Average - MA

    A widely used indicator in technical analysis that helps smooth out price action by filtering out the “noise” from random ...
  5. Yield Curve

    A line that plots the interest rates, at a set point in time, of bonds having equal credit quality, but differing maturity ...
  6. Productivity

    An economic measure of output per unit of input. Inputs include labor and capital, while output is typically measured in ...
Trading Center