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What is the current state of railcar utilization?

Posted by Todd Tranausky on Jul 15, 2021 11:30:10 PM

Todd Tranausky discusses improving projections for railcar utilization.

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:
  • Despite original projections that were far more pessimistic, utilization is improving faster than anticipated and should return to its usual long-run average by the middle of next year.
  • The booming freight market and strong steel price are both causes for this unexpected improvement.

 

Tags: Economy, utilization, Rail, outlook, rail equipment

 

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