january 2004 ftr associates freight transportation research inc 2881 grandma barnes road nashville in 47448 phone fax 812 988 1699 e mail ftrassociates net www us outlook by mode a quarterly publication copyright description page executive summaries economic econ 1 tables total section rail 2 water 3 pipeline 4 truck 5 class 8 heavy duty 6 tractor trailer 7 straight classes medium 9 appendix glossary sources model table of contents the economy s performance has significantly improved recent months third quarter 2003 came at strong annualized rate and it is widely expected to have finished fourth with healthy advance looking into very optimistic real gdp forecast increase for four quarters
