Home
What's new
Latest activity
Authors
Store
Latest reviews
Search products
Forums
New posts
Search forums
What's new
New posts
New listings
New products
New profile posts
Latest activity
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
Cart
Cart
Loading…
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Search titles only
By:
Menu
Log in
Register
Navigation
Install the app
Install
More options
Change style
Contact us
Close Menu
Forums
SVTPerformance's Chain of Restaurants
Road Side Pub
“2021 was so bad, I can’t wait for 2022.”
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Weather Man" data-source="post: 16755134" data-attributes="member: 137766"><p><h3><a href="https://seekingalpha.com/news/3820435-trucking-stocks-trade-like-a-freight-recession-is-already-here?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain" target="_blank">Trucking stocks trade like a freight recession is already here</a></h3><p><a href="https://seekingalpha.com/symbol/DSKE?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain" target="_blank">DSKE -0.96%</a>Apr. 04, 2022 11:55 AM ET</p><p>FreightWaves CEO Craig Fuller <a href="https://www.freightwaves.com/news/why-i-believe-a-freight-recession-is-imminent" target="_blank">warned</a> late in March that another trucking bloodbath is coming with analysis that continues to attract attention.</p><p>"Inflation that began in 2020, combined with the surge in fuel prices related to increased inflation and the Russian invasion of Ukraine, have made consumers move to the sidelines," he warned.</p><p>FreightWave analysts conducted channel and data checks which confirmed that spot rates and volume are falling fast.</p><p>Digging into the data, the publication noted that tender rejections are the best indicator into real-time supply/demand in the truckload sector. The rejection rate with carriers has plunged to 13.9% from 18.7% at the beginning of March, meaning trucking companies have fewer options in freight to pick from.</p></blockquote><p></p>
[QUOTE="Weather Man, post: 16755134, member: 137766"] [HEADING=2][URL='https://seekingalpha.com/news/3820435-trucking-stocks-trade-like-a-freight-recession-is-already-here?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain']Trucking stocks trade like a freight recession is already here[/URL][/HEADING] [URL='https://seekingalpha.com/symbol/DSKE?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain']DSKE -0.96%[/URL]Apr. 04, 2022 11:55 AM ET FreightWaves CEO Craig Fuller [URL='https://www.freightwaves.com/news/why-i-believe-a-freight-recession-is-imminent']warned[/URL] late in March that another trucking bloodbath is coming with analysis that continues to attract attention. "Inflation that began in 2020, combined with the surge in fuel prices related to increased inflation and the Russian invasion of Ukraine, have made consumers move to the sidelines," he warned. FreightWave analysts conducted channel and data checks which confirmed that spot rates and volume are falling fast. Digging into the data, the publication noted that tender rejections are the best indicator into real-time supply/demand in the truckload sector. The rejection rate with carriers has plunged to 13.9% from 18.7% at the beginning of March, meaning trucking companies have fewer options in freight to pick from. [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
SVTPerformance's Chain of Restaurants
Road Side Pub
“2021 was so bad, I can’t wait for 2022.”
Top