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Episode Summary:
Hurricane Michael slams into Florida and Georgia. ATA’s Bob Costello thinks carriers will have pricing power through 2020. This week’s sell-off in transportation stocks. Stifel reiterates a ‘buy’ rating on C.H. Robinson and explains why. JP and Zach Strickland discuss all this and more on this week’s episode.
Episode Notes:
With Chad in the Bahamas, market analyst Zach Strickland cracks open a Hutton & Smith Tectonic Session IPA with JP, who’s having his comfort beer, Bell’s Two Hearted. They’re joined by Senior Meteorologist Nick Austin for the first big headline of the week, a round-up of our Hurricane Michael coverage.
Hurricane Michael aftermath: localized damage, regional supply chains intact
Trucking rates are starting to plateau, but market remains strong says ATA economist
Dow Industrials plummet 500 points, catching up to Transports selloff
Despite transport selloff, Stifel reiterates ‘buy’ on CHRW
About the show:
What the Truck?!? is FreightWaves’ irreverent podcast breaking down the biggest stories in transportation and logistics. Join FreightWaves writers John Paul Hampstead and Chad Prevost on Friday afternoons as we discuss all things freight.