Trucking Stocks Benefit From Lower Fuel Expense

By | January 29, 2015

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Airlines are not the only beneficiary of lower oil prices. Truckers are also reaping the benefits. A number of trucking companies have delivered big increases in quarterly earnings and sales in recent quarters. Yet their stocks have come under pressure in recent sessions in this still-volatile market environment. Celadon Group (CGI) on Wednesday reported that its fiscal Q2 earnings jumped 68% to 37 cents a share. This marked a third straight Scalper1 News

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