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Freight forecast amounts to mixed bag

Published Friday, November 20, 2009

The latest U.S. freight market outlook issued by FTR Associates presents a mixed bag of projections. Freight volumes should start recovering by early 2010 and could gain significant strength as the year progresses, according to the firm’s economists. Yet much of those gains will depend on the strength of the overall U.S. economic recovery, which is predicted to be only modest at best as consumer spending is expected to remain at lower levels. “We seem to be exiting the ‘Great Recession’ but it’s not clear yet if that exit is leading to more demand for ...

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