State of Freight TODAY

Weekly Transportation Update: Lean Retail Inventories Reduce Prospects for Correction

Written by The FTR Experts | 3/20/23 3:27 PM

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.