Fleets reap riches by expanding into last-mile service

Discussion in 'Economics' started by dealmaker, Jan 10, 2019.

  1. dealmaker

    dealmaker

    [​IMG]
    Fleets reap riches by expanding into last-mile service
    [​IMG]
    Now that consumers are more comfortable buying appliances, treadmills and outdoor grills online, national trucking companies are plowing investment into winning the business by displacing or buying up local operators. J.B. Hunt announced Jan. 8 that it had agreed to pay $100 million for a New Jersey company that delivers large items to consumers, its second purchase in the space in less than two years. (Transport Topics)
     
  2. dealmaker

    dealmaker

    Trucking wins business back from railroad
    [​IMG]
    Last year rail intermodel took away loads from over-the-road trucking, but now the pendulum is swinging back the other direction. Diesel prices are dropping, which makes dry van transportation more attractive and reduces the cost advantage of rail intermodal for domestic freight. (DAT)
     
  3. ironchef

    ironchef

    How can we traders take advantage of this trend?
     
  4. dealmaker

    dealmaker

    There is a shortage of truck drivers in US thus you have 2 options buy the best trucking stock or the best truck driver school's stock....