Logistics Industry

Heartland Express (HTLD) Q3 Update

Turnaround in sight?

Dec 3 •

Old Dominion & Saia Update

Shares are down by half but patience is warranted

Oct 1 •

Heartland Express (HTLD) Q2 Update

Still trucking along.

Aug 20 •

Issue 46: Heartland Express

"Take a simple idea and take it seriously." - Charlie Munger

Feb 28

Issue 42: Mainfreight Update

Operating results revert to long-run average but still trucking along. A lot to like but shares remain pricey.

Oct 28, 2024

Issue 37.2: LTL Logistics Industry Update

The freight recession rolls on yet valuations remain sky high. LTL competitors remain disciplined to their advantage.

May 29, 2024

115: Mainfreight, Ltd.

A New Zealand-based logistics company with worldwide ambitions.

Feb 23, 2024

30: Against The Grain: Capital Intensity As A Source Of Competitive Advantage

Not every industry is better served by going digital

Nov 5, 2021 •

25: Old Dominion Freight Line (ODFL)

ODFL is a wonderful, easy-to-understand business with competitive advantages

Oct 15, 2021 •

#nojs-banner { position: fixed; bottom: 0; left: 0; padding: 16px 16px 16px 32px; width: 100%; box-sizing: border-box; background: red; color: white; font-family: -apple-system, "Segoe UI", Roboto, Helvetica, Arial, sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol"; font-size: 13px; line-height: 13px; } #nojs-banner a { color: inherit; text-decoration: underline; } This site requires JavaScript to run correctly. Please turn on JavaScript or unblock scripts