The impact of COVID-19 on consumer-facing industries, like aviation or retail, has received great coverage in the press and in the public consciousness. Less-publicized — but still significant — are the impacts the virus and the subsequent economic shutdowns have had on business-to-business industries like freight rail. The freight rail industry continues to operate throughout the pandemic, but it faces significant challenges due to fluctuating demand — particularly for key traffic drivers like automobiles and energy.
While COVID-19 upset the industry’s status quo, operations continue with the industry adapting to keep traffic moving, meet customers’ evolving needs, and seize opportunities that became apparent during the pandemic. In this webinar, AAR CEO Ian outlines the state of the freight rail industry post-COVID and what that can reveal about the broader economy.