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Analyst ups estimates for truckload carriers in 2H 2020

from Freight Waves

Citing strong spot market fundamentals and low retail inventories, UBS freight transportation analyst Tom Wadewitz raised his forecasts for truckload carriers for the back half of the year. "Truckload spot market data have shown a better-than-normal seasonal pattern with continuing strength in spot loads in July and August," stated Wadewitz in a Friday note to clients. more

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