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Weekly Transportation Update: Lean Retail Inventories Reduce Prospects for Correction
The FTR Experts
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Manufacturing output and retail sales were lackluster in February.
- Retail inventories were leaner in January, reducing prospects for a stronger correction.
- Housing starts and permits see solid increases in February.
- Van segments’ spot rates reverse their gains from the prior week.
- STB approves Canadian Pacific-Kansas City Southern merger.
