State of Freight: How long will trucking market trough linger?

Capt. John

With the equities market for trucking stocks reeling this week on the backs of two companies’ highly bearish disclosures, one question loomed large on the FreightWaves State of Freight webinar: Are we getting near the bottom?

Battered and bruised in #trucking this a.m. due to numbers from $JBHT and $KNX. At approximately 10:50, here were some of the % drops: $XPO, -4.6%; $WERN, -2.5%; $TFII, -7%; $SNDR, -4.3%; $SAIA, -3.4%; $ODFL, -5.5%; Hunt, -9.2%; Knight Swift, -4%; $FWRD, -9.08%; $ARCB,...

https://www.freightwaves.com/news/state-of-freight-how-long-will-trucking-market-trough-linger

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