“The much anticipated ‘new normal’ came to US. ports this year and its defining characteristic” a weaker freight enviroment, fell on U.S. port activity, writes William B. Cassidy, Senior Editor for the S&P’s Journal of Commerce. “The economy defined by the shipment of goods began to contract in late 2022 and is still in recession today,” added the Journal of Commerce story. Publicly traded companies in the space include CSX (CSX), Kansas City Southern (KSU), Norfolk Southern (NSC) Union Pacific (UNP), Werner (WERN), Universal Logistics (ULH), USA Truck (USAK), Best (BEST), UPS (UPS), FedEx (FDX), Expeditors (EXPD) and Amazon (AMZN).
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