The share prices of trucking companies have been on the upswing since mid-May, recouping some of the gains from the bustling start of the year that were lost during a weak spring. While carriers generally are trading higher than a year ago, investors are once again waiting for clarity on the state of the U.S. economy before they send stocks soaring — or plummeting.
June 26, 2017Business
Anticipating Infrastructure Spending, Market Soars to Record Close
The Dow Jones Industrial Average’s first record close in three months comes amid a market drawing increasingly bright lines between what it views as winners and losers in a Donald Trump presidency.
November 10, 2016Business
Trucking Share Prices Remain Volatile After Lengthy Downturn, Analysts Say
Trucking stocks continue to ride the roller coaster — mostly down — that they have been on for the past year with little sign of positive momentum to push prices back up, according to five trucking and freight analysts.
June 27, 2016Business
U-Turn in Transportation Stocks Signals Recession Angst Overdone
Truckers, rail operators and airlines — the groups represented in the Dow Jones Transportation Average — have done a U-turn since slumping to a two-year low Jan. 20, three weeks before broader market indexes bottomed.
March 10, 2016Business
Trucking Stocks Slip in First Half of 2015 as Investors Worry About Economy, Rates
Investors’ fears that the economy will weaken and curtail carriers’ pricing power are pushing down trucking share prices at a time when the broader stock market hovered near record levels before last week’s pullback, analysts said.
July 6, 2015Business
Trucking Stocks Post Gains; Likely to Extend Into 2015
Most trucking company share prices last year recorded solid increases, including a few that were spectacular.Â
January 5, 2015Business
Transportation Stock Averages Hit Record Highs
Indexes of trucking and transportation stocks rose to all-time highs Nov. 18, mirroring growth in the S&P 500 and Dow Jones Industrial Average, which also hit record levels.
November 18, 2013Business
Trucking, Transport Stocks Gain, Outperform Overall Economy
Trucking and transportation stocks generally appreciated at a lower rate in 2012 than did the large, broad market indexes.
December 24, 2012Business
Trucking Shares Rode Roller Coaster Along With a Volatile Stock Market
Trucking equities joined the rest of the stock market in going through sharp volatility this year — improving, crashing and then clawing their way back — so that as 2011 drew to a close, six key indexes had moved less than 8% up or down over the course of 12 months.
December 19, 2011Business
Trucking Industry Stocks Ride Wave of Second-Half Profitability in 2010
Most trucking stocks joined a rising stock market through the second half of 2010, counteracting a jittery first half, as profits climbed at the majority of publicly traded carriers.
December 21, 2010