Transportation
Logistics & Transports: Recovery Winners and Losers (CSX, CHRW, EXPD, FDX, HTLD)
Published:
Shipping, transportation, and logistics… all winners in the economic recovery. An article titled “Can Logistics Stocks Carry the Load for Investors?” by Morningstar’s Keith Schoonmaker notes some key winners and losers in the sector from trucking, rail, intermodal marketing, freight forwarding, and other aspects in the recovery. Some of the identified names are CSX Corp. (NYSE: CSX), CH Robinson Worldwide Inc. (NASDAQ: CHRW), Expeditors International of Washington Inc. (NASDAQ: EXPD), FedEx Corporation (NYSE: FDX) and Heartland Express, Inc. (NASDAQ: HTLD). Schoonmaker noted, “All logistics firms stand to benefit from the present recovery in U.S. industrial production and global exchange.” He outlines some other winners in the sector and some where the news looks fully discounted into the shares at current prices.
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