The Federal Reserve Bank of Chicago presented two Freight Transportation Research Associates (FTR) forecasters with the Best Overall Economic Forecast award at the 20th Annual Automotive Outlook Symposium.
This year's symposium brought together experts to examine the near-term automotive forecast outlook and the impact of last year's automotive labor agreement. On May 30, a special panel discussed the role Mexico is playing in the North American auto industry.
According to Eric Starks, president of FTR Associates, "This is an important recognition for our organization and demonstrates our core strength in forecasting outcomes for our subscribers. Credit goes to the Federal Reserve Bank of Chicago for recognizing all the award recipients which are helping companies forecast intelligently."
FTR Associates has been a leader in transportation forecasting for more than 20 years. The company's U.S. Freight Model collects and analyzes all data likely to impact freight movement and is based on specific characteristics for more than 200 commodity groups. FTR Associates' forecast reports cover trucking and rail transportation and include demand analysis for commercial vehicle as well as railcar. Specially designed reports are offered to participants in both industries to cover specific needs.