Trucking leaves the other transport sectors behind

The US trucking sector is the second-best performing sector in the S&P 500 since the start of the year, up 18.20%, although other areas of the US transport industry face an altogether more uncertain year. Trucking has benefited from a loss of confidence in the airline industry following 11 September and a period of instability in the railroad market, says Scott Irving, a US equity fund manager with Rothschild Asset Management. 'Service levels with many railroad companies have been quite a problem recently following a lot of merger and acquisition activity and have lost quite a bit o...