Comment / Against the odds: Trucking income growth not (yet) enough to cheer animal spirits

A couple of weeks ago, highlighting the downside risk stemming from this earnings season we had a clear, premonitory sign that dividend hikes would be significant from some quarters in the trucking segment.

JB Hunt, upping its payout by 33% over the previous quarter set the tone, following that up with minor M&A worth $87m and targeting Zenith Freight Lines in the hot furniture sub-segment in logistics, it emerged last week. That was essentially a non-event, while its forward yield stands at 0.84%, ...