Matthew Young: 2018 proved an unusually robust year of top-line and EPS growth for the asset-based truckload and less-than-truckload carriers we cover.
Essentially, the truckload shipping industry saw a historic capacity crunch, driven by robust freight demand and widespread ELD adoption among small carriers. Recall enforcement of the government's ELD mandate came into play last spring.
To view this article, become a Morningstar Basic member.
Matthew Young does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.