Last week, two of the seven Class I Railroads announced extreme winter weather and sub-zero temperatures were impacting rail operations. From a truckload perspective, around 48% of all railcars are classified as intermodal, which competes heavily with truckload on the longer lengths of haul.
Truckload capacity is tight and expected to get tighter, but judging where truckload demand is headed remains challenging as COVID-19 headwinds ease and increasing tailwinds from the vaccine distribution and economic stimulus converge.
The pandemic has turned many aspects of life upside down, and commercial transportation is no exception. What are the lessons learned from 2020 and will they carry over into 2021? We asked DAT’s team of industry analysts.