What are the economic drivers of freight?

Posted by Todd Tranausky on Jun 3, 2021 1:15:05 PM

Todd Tranausky was asked: "Consumption is up. What are the contributing factors and how does it relate to intermodal?"

This Q&A response from the FTR experts came from our April Rail Outlook (Carload + Intermodal) webinar. View the video and the key takeaways below. 


Key Takeaways:
  • Looking at this February compared to February 2020 (the final month unaffected by the pandemic), goods spending was up nearly 10%. Personal income was up as a result of stimulus payments, and retail sales and new & existing home sales were positively affected as well.
  • Personal spending was just about flat, and payroll jobs and spending on services were both down significantly compared to last year.


Tags: railcar, Freight, intermodal, Rail


Industry-Leading Resources

You work hard to strategically plan. Let us make it even easier for you. 

FTR is the only company offering a full suite of freight and equipment reports with industry-leading forecasts, impartial analysis, and insights to keep you competitive.


New call-to-action
New call-to-action



Join the conversation! Leave a comment below.

Subscribe for notifications: 



Submit a question:

You ask. FTR Experts answer.





Search for answers: 

      Browse posts by topic:

      see all

      View recent posts: