Do you feel that the worst is behind us for rail traffic? (Jim Blaze)

Jim Blaze Headshot (2)

Yes, the worst is over, provided two conditions are satisfied:

    1. There is no second Covid-19 outbreak or case-wave. Then yes, the recovery should continue to benefit rail carload traffic volume.

    2. Condition is related to both small business recovery versus bankruptcy — and overall consumer demand (which is dependent upon consumer discretionary income levels).

 

Those are two important market demand considerations.  And the railroads control neither.