Economy
WTU
Weekly Transportation Update: A Growing Economy Does Little For Freight Demand
The FTR Experts
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Economic growth in Q4 does little to bolster freight demand.
- Sluggish orders for durable manufactured goods were skewed upward by aircraft orders.
- Real consumer spending falls for the second straight month as the savings rate rebounds.
- Dry van and refrigerated spot rates have given back their holiday-period surge.
- Rail carriers’ earnings reports share cautious outlooks.