CSX - Transports Weekly Snapshot - Broader Markets Retake The Lead
Source: Google Images
For the fourth week of 2018 on January 26th, transports were lower led by very poor airline performance. Other sectors including trucking, rail, package delivery and air freight, contract logistics and container shipping were mixed to modestly higher. A theme at the moment remains to be cost inflation. As companies are witnessing stronger top-line growth, the bottom-line may not be improving as much as some had expected. Tax reform will help for sure, but the upcoming contract negotiation period will be key.
Gross domestic product ((GDP)) growth came in lighter than expected