December 2018 – Outlook

■ Seasonally-adjusted rail carload growth is expected to jump on a year-over-year basis in January 2019. Its forecast 6% growth rate would be the highest since early 2017.

■ Beyond January, year-over-year growth is forecast to moderate back to the 2-4% range it has maintained much of this year.

■ Railcar utilization is expected to remain

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