FW: Morgan Stanley says 2nd phase of LTL freight reshuffle coming
FREIGHTWAVES reports: Leading up to and following the demise of Yellow Corp., shippers and brokers were quick ...
Just a slap on the wrist?
Last Friday, the US transport and logistics (T&L) sector was on its knees in the financial markets but the shockwaves were contained in Asia today – pointing to decoupling there – while Europe looked for direction in very early trades, although the most prominent T&L stocks on our radar were indeed strained (from -2% to -6%).
With US stock futures flat in overnight trade on Sunday, we could be all set for a bounce today. However, as ...
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Alex Lennane
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