• JOC Inland Distribution
  • 26-28 September 2022 | The Westin Chicago North River
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Val Noel

TRAC Intermodal

Executive Vice President and Chief Operations Officer

Val T. Noel joined TRAC Intermodal as Executive Vice President and Chief Operations Officer in November 2013. Mr. Noel is responsible for the day-to-day operations of the company. Before joining TRAC Intermodal, he held several senior leadership positions at Pacer International, Inc., and its affiliate, Pacer Cartage, most recently as Executive Vice President of Intermodal Operations and President, respectively. Prior to Pacer, Mr. Noel worked at CSX from 1983 to 2004 where he held several management positions to include drayage, terminal operations, equipment management, and President of the Intermodal Division. Mr. Noel is active in the Intermodal Industry and has been a past board member of TTX and IANA and the past chairman of the IANA Operations Committee.  

Sessions With Val Noel

Tuesday, 27 September

  • 01:45pm - 02:15pm (CST) / 27/sep/2022 06:45 pm - 27/sep/2022 07:15 pm

    Intermodal I: Transloading vs. IPI

    Gridlock in the inland distribution network in 2021 caused ocean carriers to pull back on international intermodal, also known as inland point intermodal, or IPI. The market hasn’t fully recovered yet as IPI volume was down 15 percent year over year in the first quarter of this year, according to the Intermodal Association of North America. Shippers are transloading international loads into 53-foot containers or trailers to avoid the markups ocean carriers are charging for IPI, the headaches finding a driver and an available chassis to pick up loads, and punitive rail demurrage penalties often from factors outside the control of the importer. Where IPI has rebounded in 2022 — the West Coast to the Midwest — trucking companies are reporting many of the same problems as last year: higher truck turn times, not enough chassis, and rail demurrage penalties. This session will explore whether railroads, chassis providers, and other supply chain stakeholders have been able to handle IPI volume any better this year, and whether persistent struggles in handling the inland flow of ocean containers may lead to a permanent shift as intermodal providers such as Hub Group, J.B. Hunt Transport Services, Schneider National, STG Logistics, and Swift Intermodal invest in their transloading services.