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Rails, Truckers Have Gotten Cheap But Trade Wars A Risk
Rails, truckers have gotten cheap but trade wars a risk
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Apr 23, 2018 at 05:22 PM CST
https://www.reuters.com/article/us-usa-stocks-transportation-analysis/rails-truckers-have-gotten-cheap-but-trade-wars-a-risk-idUSKBN1HU0E7
Railroad and trucking stocks took a hit starting in late January just like the rest of the market. From its record high on Jan. 26, the S&P 500
.SPX
slumped more than 10 percent in less than two weeks to enter a correction, and the S&P 1500 road and rail index .SPCOMRAR fell 9.1 percent.