Freight Outlook

What Can Rail Shippers Expect?

The rail industry finds itself at a critical juncture, poised for transformative progress that extends well beyond individual companies. Building on the progress freight rail companies made in 2023, this year holds the promise of a secure future marked by reliability, resilience, and commitment to sustainability.

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The Waiting Game: Forecasting a Potential Freight Recovery

In contrast to the dramatic spikes of the COVID era, a potential freight recovery is likely to happen in a more measured, gradual fashion and will likely extend into 2025. Eventually, the market will reach an inflection point in which the recovery kicks off in earnest.

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The Future of Freight: What to Expect

The next few years will bring further disruptions to a freight model that the industry spent decades optimizing. In 2024 and beyond, new consumer demands, technological advancements, and broader changes like nearshoring will present new opportunities for logistics leaders from first to final mile.

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