Mientras que una serie de datos desfavorables sobre el transporte de mercancías aparecieron al final del primer trimestre, con líneas de tendencia que disminuyen aún más para comenzar el segundo trimestre, muchos ejecutivos de las mayores empresas de transporte por carretera del país están presentando una perspectiva mucho más halagüeña de lo que los datos sugieren. Durante la temporada de resultados del primer trimestre, los equipos de dirección de las empresas de transporte que cotizan en...
While a host of unfavorable trucking data points appeared by the end of the first quarter, with trend lines declining further to start the second quarter, many executives at the nation’s top fleets are presenting a much rosier outlook than the data suggests. During the first-quarter earnings season, management teams from publicly traded carriers acknowledged softness in the spot truckload market but said the loosening in capacity won’t likely hurt them.
The growing consensus in the industry is...
https://www.freightwaves.com/news/large-truckload-carriers-say-recent-downturn-not-hurting-them
FIRESIDE CHAT TOPIC: Emerging technologies in transportation — autonomous is around the corner
DETAILS: How soon will autonomous trucks be on the highway? Why has freight transportation changed so much in the past few years — and is that change all because of the COVID-19 pandemic? Shanker discusses these questions and more with Danny Gomez, FreightWaves managing director of financial and emerging markets.
SPEAKER: Ravi Shanker, executive director and lead transportation and airlines analyst,...
https://www.freightwaves.com/news/f3-chat-trucking-automation-is-much-closer-than-you-think
In a Monday note to clients, Morgan Stanley analyst Ravi Shanker identified three key themes for the third-quarter earnings season, which begins Oct. 15 when J.B. Hunt reports. Hurricane Ida’s impact on the period, 2022 rate expectations and labor issues throughout peak season are the areas that will get the most attention, according to Shanker.
Hurricane unlikely to materially alter Q3 resultsThe report said only two companies, truckload carrier Werner Enterprises (NASDAQ: WERN) and Union...
https://www.freightwaves.com/news/rate-guidance-should-drive-tl-estimates-higher-morgan-stanley-says
A couple of bullish reports this week highlight reasons to favor transportation stocks moving forward. The outlooks call for favorable freight fundamentals around demand, utilization and pricing to remain in place for the foreseeable future.
Consumer demand not likely to wane anytime soonUBS (NYSE: UBS) transportation analyst Tom Wadewitz said he sees a “perfect storm” for freight demand, pointing to tight capacity, inventory rebuilding and a steady stream of stimulus money. “The combination of...