Forecasters predict economic fallout of coronavirus will bring rail traffic slump
(Source: Trains, March 18, 2020)
Railroad traffic is expected to take a hit from the economic fallout surrounding the coronavirus pandemic. International intermodal volumes have declined since China extended its Lunar New Year holiday to slow the spread of the illness. Factories have since been ramping up production, however, so the lull is expected to continue for another four to six weeks while containers make their way to ports and then across the ocean, says Todd Tranausky, a rail and intermodal analyst with FTR Transportation Intelligence.
Full story: www.trains.com
Thursday, March 19, 2020
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