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

Published October 18, 2020by Jim Blaze - Railroad Economistin Ask The Experts Q&A

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.

Do you feel that the worst is behind us for rail traffic? (Jim Blaze) - image 1