Ravi Shanker

‘En las próximas 4 semanas sabremos qué teoría es la correcta’

Trucking executives at large fleets acknowledged a weakening spot market during the first-quarter earnings season but their ties to the contract market give them confidence.

Ravi Shanker, Morgan Stanley executive director and lead transportation analyst, talks with Danny Gomez, FreightWaves managing director of financial and emerging markets, about how autonomous technology will continue to disrupt the freight transportation space.

Morgan Stanley analyst Ravi Shanker believes rate expectations of truckload management teams haven’t been reflected in 2022 earnings estimates yet.

Two bullish equity research reports this week on transportation stocks both highlight expectations around consumer spending and what that means for freight demand.

Morgan Stanley upgrades its freight transportation industry view from “cautious” to “in-line.” The firm lowered its earnings expectations for the group.

Outlook for future improvement to earnings is still hazy as Morgan Stanley analyst lowers fourth-quarter estimates for most transportation companies.