The quarterly earnings of BMO (TSX: BMO.TO) showed that the financial condition of the trucking market is continuing to get healthy.
BMO, the former Bank of Montreal, is a leading lender to the transportation sector. The company has said the bulk of the financial activity in that sector is in trucking. The data it breaks out in its quarterly earnings is considered a good barometer of the financial strength of the sector.
In that regard, the first quarter of 2021, which for BMO runs through Jan....