Morgan Stanley sees supply-side ‘spark’ for trucking in 2026

Morgan Stanley said trucking’s supply side is producing the “spark” needed for a recovery next year, but acknowledged it will take improved demand to fan the flames. The investment firm noted on Monday that the past three trucking upcycles started with a supply-side catalyst. It pointed to precursors to the 2014 (polar vortex), 2018 (electronic-logging-device mandate) and 2020 (Covid and the Drug and Alcohol Clearinghouse) recoveries, which were quickly supported by positive inflections in demand. Height ...