Freight demand continues to be roiled by on-again, off-again tariffs
Written by Emily J. Thompson, Senior Investment Analyst
Source: SeekingAlpha
Freight Index Trends: The Cass Freight Index experienced a 4.0% year-over-year decline in May, reflecting the impact of the trade war and a shift from inventory stocking to destocking among retailers, with further declines anticipated through 2025.
Retailer Response to Tariffs: A surge in import cargo is expected at major container ports this summer as retailers aim to capitalize on a temporary reduction in tariffs on Chinese goods, prompting them to expedite orders before tariff pauses end in July and August.
Analyst Views on FTXR
Wall Street analysts forecast FTXR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FTXR is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 40.561
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
