Todd Tranausky discusses the course that improvement of railcar utilization is expected to take, and factor that could aid that improvement.
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.
- Improvement should continue at a modest rate throughout 2021 before hitting an inflection point sometime in 2022.
- High scrap prices will pull old and obsolete cars, particularly in the coal market, out of use and aid in utilization.