Todd Tranausky shares expectations on when rail equipment markets should fully return to form post-pandemic.
This Q&A response from the FTR Experts came from our May webinar "North America's Recovery Runs Through Rail." View the video and the key takeaways below.
Key Takeaways:
- Rail equipment is expected to hold at low levels for the time being as there has not been the same influx of orders that trucking has seen. Things will improve in due time, however.
- Deliveries began to dip at the end of 2019 and dipped again after the pandemic entered full swing and has held there since. 2021 will be the low point in year-to-year delivery numbers.