Weekly Transportation Update: Housing Starts Ease After Strong February

Housing starts and home sales soften after strong February.

• Seasonally adjusted continued claims for unemployment benefits were highest since November 2021.
• Streak of diesel price decreases ends at 10 weeks as the Midwest fuels higher national average.
• Dry van and refrigerated spot rates fall by the most in a week since January.
• Rail volumes recover in the latest week after an Easter-induced decline.