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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (23621)3/24/2006 2:17:20 PM
From: Carey Thompson  Read Replies (1) of 78676
 
The local truckers are OK.

I made a blanket statement awhile ago, "The rails are in ascent, and the truckers are in decline". After thinking things over, I should have said the business of the long haul truckers is decreasing. And this decrease may be secular or long term in nature.

Truckers should be looked at on a case-by-case basis.

IMHO the railroads have no advantage over trucking in the following areas:

The truckers that run produce to processing centers will remain strong. Along with the truckers that run perishables to market.

The truckers with quick turnaround times will always be in demand.

The refrigerated truckers will continue to do brisk business.

The local around town truckers are bullet proof.

And the truckers that haul from and to the railroad's intermodal hubs will do good.
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