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Trucking carriers reported stronger third-quarter earnings, with freight demand running above year-ago levels as peak-season loads arrive. Analysts have raised earnings estimates, and carriers expect tight capacity to support truckload pricing into 2021.
Sustained tight trucking supply keeps domestic freight costs elevated for feed mills and livestock supply chains. The link to feed commodity prices is weak.
freightwaves.comTodd MaidenSep 21, 2020Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
