Former FreightWaves analyst turned hedge fund manager Seth Holm shared his outlook for transportation stocks at Future of Supply Chain on Wednesday.
Morgan Stanley upgrades its freight transportation industry view from “cautious” to “in-line.” The firm lowered its earnings expectations for the group.
Anthony and Zach bring in former fund manager Seth Holm to discuss how the volatile equities markets can hit the world of transportation and trucking.
While the truckload carriers are happy to turn the page on 2019, investors in truckload stocks may be hoping for more.
Fed policy talk and China’s retaliatory tariffs couldn’t spook the markets. It was the President’s tweets that sent the markets into a tailspin. With tariff increases on the horizon, we can be somewhat certain that more uncertainty and volatility will likely ensue for the transportation stocks.
