A Look Back and Forward in Trucking
What we saw in 2018, and what we expect in 2019.
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.
Matthew Young does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.