Market not buying USA Truck turnaround; stock down 20%
USA Truck’s shares fall after another earnings disappointment. New turnaround initiatives were quantified on the company’s conference call.
USA Truck’s shares fall after another earnings disappointment. New turnaround initiatives were quantified on the company’s conference call.
The ramifications of 2019 will come in the form of shrinking capacity, pushing rates up as supply falls to meet demand instead of dwarfing it.
Mack likes the stability of the medium-duty truck market, where it can sell small trucks to current customers without the dizzying ups and downs of the Class 8 market.
Substantial point-of-sale incentives are available through a new voucher program funded by cap-and-trade fees.
Electronic gadgets like smartphones in the cab lead to driver distraction, and driver assistance technologies like ADAS appear to add a new dimension to that behavior.
The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. Much of the discourse and sentiment surrounding the application of blockchain, and other distributed ledger technologies, in enterprise supply chains has taken a decidedly pessimistic turn. This is evident on Meetup.com where blockchain […]
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