U.S. Xpress sees current fundamentals lasting well into 2021

U.S. Xpress 2021 outlook calls for more of the same

U.S. Xpress’ (NYSE: USX) 2021 economic outlook, released Wednesday, sees many of the same fundamentals that were in place during the second half of 2020 sticking around through at least the third quarter.

“Freight markets (and the overall economy) have moved in a manner consistent with our expectations. Driver shortages, capacity crunches, and ample freight (driven by evolutions in buying habits) were the common themes of 2020. By and large, 2021 looks to offer more of the same.”

The Chattanooga,...

https://www.freightwaves.com/news/us-xpress-sees-current-fundamentals-lasting-well-into-2021

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