Originally published at: Trucking stocks tumble, but Citi sees opportunity in chaos - FreightWaves
Investors’ overreaction to seasonal volatility may represent a buying opportunity, Citi says.
“silver lining: slower economic activity could accelerate capacity rationalization, potentially pushing marginal carriers out of the market faster.”
Hard working truckers losing their jobs a silver lining? I am an owner operator that cares about both my company and also the trucking industry as a whole. I think trucking is the greatest job in the world and I want everyone who wants it to be able to enjoy such a great job. I wish the industry had a more win-win mentality for everyone involved instead thinking of me and my fellow truckers losing our jobs and businesses as a ‘silver lining’.