SEEKING ALPHA reports:
– Bank of America is cautious on trucking over concerns in the short term on negative sentiment and rising net truck orders.
– Analyst Ken Hoexter: “As net orders neared peak the prior two cycles, shares of large truckload carriers fell rapidly (with KNX and WERN declining 40% and 20% on average from peak levels). The 12-month order trend rarely stabilizes at replacement, with the last two cycles posting orders that …

The post SA: Trucking sector on watch after Bank of America warns on short-term headwinds appeared first on The Loadstar.

Source: The Loadstar