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Fly News Breaks for December 4, 2015
HTLD
Dec 4, 2015 | 07:20 EDT
Longbow analyst Matthew Brooklier said checks with private TL carriers indicate overall Q4 demand has been mixed and 2016 carrier pricing expectations have moved down materially likely due to increased capacity availability as second 2015 progressed. Given the potential for weaker TL pricing during 2016 Brooklier downgraded Heartland Express to Neutral and believes consensus expectations remain too high.
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