If things so good why are freight vol's still weak?

Discussion in 'Economics' started by jnorty, Oct 12, 2009.

  1. jnorty

    jnorty

    stock prices right now are discounting 50% growth in 2010 and 6% unemployment. nothing has really changed alot since the lows. somethings got to give soon


    08:48 KEX Stifel notes freight volumes remain weak; it is still too early to buy most transportation and logistics stocks (35.49 )

    Stifel notes freight volumes remain weak. Flatbed truckload carriers and dry van truckload carriers have been especially hard hit. Temperature-controlled carriers have generally fared better, not surprisingly. Depressed freight volumes have led to an improvement in service quality across the trucking and rail industries. They believe it is still too early to buy most transportation and logistics stocks. Their favorite names at present include KEX and NSC. They also suggest that investors focus on non-union less-than-truckload carriers that will ultimately benefit from the continuing demise of YRCW. Their favorite names in that space are currently CNW and VTNC