Q: Transports getting hit today. Do you see this as a trend for money flowing out of transports over next while?
US broker Stephens came out today with very negative comments, and the trucking sector has fallen the most in a year. Most of the comments relate to macro issues (rates, inflation, oil). The sector is of course highly sensitive to the economy, but these factors are widely known, and the reaction seems a bit harsh. (5iResearch)