🎣 The Perfect Stolen Load
Plus: backlash over carrier safety rankings, the Port of LA’s push toward 10M TEUs, states expanding ICE enforcement, and more in today’s newsletter.
Freight stocks Nikola and Yellow recently saw significant increases, with gains of 55% and 24% respectively in just five days.
Last week, we saw two freight stocks, Nikola and Yellow, trading like unpredictable cryptocurrencies. Nikola, at one point, saw its share price jump 85% over a seven-day period, while Yellow experienced a 43% increase week-over-week. Both stocks have since retreated a bit, but at their current prices, Nikola is up 55% in the last five days, while Yellow is up 24%.
damn freight stocks are shit coins this week https://t.co/9KnmROhDcr
— Man, I Love Freight 🚛 (@freightcaviar) July 14, 2023
wow already up over 15% since yesterdays tweet @TimothyDooner https://t.co/U6Ry5Rf6ov pic.twitter.com/ruLFF5Gyth
— Man, I Love Freight 🚛 (@freightcaviar) July 12, 2023
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