Trucking stocks have received a fair amount of attention over the past several weeks for the wrong reasons. With spot truckload fundamentals eroding, several analysts have downgraded the space and cut earnings expectations. While TL stocks have sold off from recent highs, it’s the less-than-truckload sector that’s underperforming the broader market and transports.
Less-than-truckload stocks were the high fliers last year, up 88% on a weighted average, handily outpacing the broader transports...
https://www.freightwaves.com/news/ltl-stocks-the-real-loser-in-market-sell-off