Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: About six months ago, I told you to prepare for "a trucking renaissance." Remember? Well, guess what -- it just pulled into the delivery bay. This morning, less-than-truckload weight trucker Old Dominion Freight
So what: Citing a massive 21% spike in shipping volume, Old Dominion confirmed that the trucking industry is pulling out of a three-year slump, with the company nearly tripling quarterly profits and delivering $0.38 per share into the pockets of shareholders.
Now what: OD's winning quarter follows similarly strong results out of JB Hunt
The big question for trucking speculators remains: Which road will notorious yo-yo stock YRC Worldwide
Add it to your watchlist , and be first to learn the answer when YRC reports next month.
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