Fancy a little gift, darling? Feeling the vibe from buybacks, special dividends and the like?
It doesn’t always work like that and this earnings season in logistics has served as a timely reminder.
“All (metaphorically) in the same boat” applies.
For example, news last week that US trucking 3PL and broker Schneider National was to pay a $2 special dividend did nothing to offer comfort to the bulls in a sagging stock market.
That’s despite …
The post Against the odds: How Schneider’s capital return gift just didn’t do the trick appeared first on The Loadstar.
Source: The Loadstar