contract freight

Asset-based carriers think contract rates are going up; brokers think they’re going down.

Investment bank Stifel Nicolaus (NYSE: SF) thinks that publicly-traded truckload stocks are now an attractive buy, with higher earnings available at reasonable valuations. That’s just one takeaway from a raft of research released this week by Stifel and Morgan Stanley (NYSE: MS) as the banks look forward to what next year holds for transportation. 

The November Market Update, presented in partnership with Convoy, featured FreightWaves CEO Craig Fuller and Chief Economist Ibrahiim Bayaan, who discussed macroeconomic data and trends in freight markets.

Coyote’s new white paper contains a stark warning to truckers and an optimistic promise to shippers, predicting a rapid collapse of spot rates.