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   <title>2025 Stifel Transportation Outlook</title>
   <link>http://www.streetinsider.com/Analyst+Comments/2025+Stifel+Transportation+Outlook/24238707.html</link>
   <description>&lt;p&gt;Stifel analyst J. Bruce Chan released a new report on the US transport sector on Wednesday.  &lt;/p&gt;&lt;p&gt;The analyst said, &quot;Marking the conclusion of the most extreme cycle in industry history, 2024 largely proved to be the slow transition back to normalcy that we'd anticipated it being a year ago (see here). Entering 2025 with earnings expectations reset lower and investors adjusted to this &quot;new normal&quot;, we believe there are plenty of variables and tail risks that could bring unexpected outcomes in the year ahead. Unique characteristics muddying demand expectations of this upcycle vis-à-vis priors include: 1) stubborn inflation and</description>
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   <pubDate>Thu, 23 Jan 2025 09:21:47 -0500</pubDate>
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   <title>2025 Stifel Transportation Outlook</title>
   <link>http://www.streetinsider.com/Analyst+Comments/2025+Stifel+Transportation+Outlook/24238707.html</link>
   <description>&lt;p&gt;Stifel analyst J. Bruce Chan released a new report on the US transport sector on Wednesday.  &lt;/p&gt;&lt;p&gt;The analyst said, &quot;Marking the conclusion of the most extreme cycle in industry history, 2024 largely proved to be the slow transition back to normalcy that we'd anticipated it being a year ago (see here). Entering 2025 with earnings expectations reset lower and investors adjusted to this &quot;new normal&quot;, we believe there are plenty of variables and tail risks that could bring unexpected outcomes in the year ahead. Unique characteristics muddying demand expectations of this upcycle vis-à-vis priors include: 1) stubborn inflation and</description>
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   <title>2025 Stifel Transportation Outlook</title>
   <link>http://www.streetinsider.com/Analyst+Comments/2025+Stifel+Transportation+Outlook/24238707.html</link>
   <description>&lt;p&gt;Stifel analyst J. Bruce Chan released a new report on the US transport sector on Wednesday.  &lt;/p&gt;&lt;p&gt;The analyst said, &quot;Marking the conclusion of the most extreme cycle in industry history, 2024 largely proved to be the slow transition back to normalcy that we'd anticipated it being a year ago (see here). Entering 2025 with earnings expectations reset lower and investors adjusted to this &quot;new normal&quot;, we believe there are plenty of variables and tail risks that could bring unexpected outcomes in the year ahead. Unique characteristics muddying demand expectations of this upcycle vis-à-vis priors include: 1) stubborn inflation and</description>
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   <pubDate>Thu, 23 Jan 2025 09:21:47 -0500</pubDate>
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   <title>2025 Stifel Transportation Outlook</title>
   <link>http://www.streetinsider.com/Analyst+Comments/2025+Stifel+Transportation+Outlook/24238707.html</link>
   <description>&lt;p&gt;Stifel analyst J. Bruce Chan released a new report on the US transport sector on Wednesday.  &lt;/p&gt;&lt;p&gt;The analyst said, &quot;Marking the conclusion of the most extreme cycle in industry history, 2024 largely proved to be the slow transition back to normalcy that we'd anticipated it being a year ago (see here). Entering 2025 with earnings expectations reset lower and investors adjusted to this &quot;new normal&quot;, we believe there are plenty of variables and tail risks that could bring unexpected outcomes in the year ahead. Unique characteristics muddying demand expectations of this upcycle vis-à-vis priors include: 1) stubborn inflation and</description>
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   <pubDate>Thu, 23 Jan 2025 09:21:47 -0500</pubDate>
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   <title>2025 Stifel Transportation Outlook</title>
   <link>http://www.streetinsider.com/Analyst+Comments/2025+Stifel+Transportation+Outlook/24238707.html</link>
   <description>&lt;p&gt;Stifel analyst J. Bruce Chan released a new report on the US transport sector on Wednesday.  &lt;/p&gt;&lt;p&gt;The analyst said, &quot;Marking the conclusion of the most extreme cycle in industry history, 2024 largely proved to be the slow transition back to normalcy that we'd anticipated it being a year ago (see here). Entering 2025 with earnings expectations reset lower and investors adjusted to this &quot;new normal&quot;, we believe there are plenty of variables and tail risks that could bring unexpected outcomes in the year ahead. Unique characteristics muddying demand expectations of this upcycle vis-à-vis priors include: 1) stubborn inflation and</description>
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   <pubDate>Thu, 23 Jan 2025 09:21:47 -0500</pubDate>
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   <title>2025 Stifel Transportation Outlook</title>
   <link>http://www.streetinsider.com/Analyst+Comments/2025+Stifel+Transportation+Outlook/24238707.html</link>
   <description>&lt;p&gt;Stifel analyst J. Bruce Chan released a new report on the US transport sector on Wednesday.  &lt;/p&gt;&lt;p&gt;The analyst said, &quot;Marking the conclusion of the most extreme cycle in industry history, 2024 largely proved to be the slow transition back to normalcy that we'd anticipated it being a year ago (see here). Entering 2025 with earnings expectations reset lower and investors adjusted to this &quot;new normal&quot;, we believe there are plenty of variables and tail risks that could bring unexpected outcomes in the year ahead. Unique characteristics muddying demand expectations of this upcycle vis-à-vis priors include: 1) stubborn inflation and</description>
   <guid isPermaLink="true">http://www.streetinsider.com/Analyst+Comments/2025+Stifel+Transportation+Outlook/24238707.html</guid>
   <pubDate>Thu, 23 Jan 2025 09:21:47 -0500</pubDate>
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   <title>2025 Stifel Transportation Outlook</title>
   <link>http://www.streetinsider.com/Analyst+Comments/2025+Stifel+Transportation+Outlook/24238707.html</link>
   <description>&lt;p&gt;Stifel analyst J. Bruce Chan released a new report on the US transport sector on Wednesday.  &lt;/p&gt;&lt;p&gt;The analyst said, &quot;Marking the conclusion of the most extreme cycle in industry history, 2024 largely proved to be the slow transition back to normalcy that we'd anticipated it being a year ago (see here). Entering 2025 with earnings expectations reset lower and investors adjusted to this &quot;new normal&quot;, we believe there are plenty of variables and tail risks that could bring unexpected outcomes in the year ahead. Unique characteristics muddying demand expectations of this upcycle vis-à-vis priors include: 1) stubborn inflation and</description>
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   <pubDate>Thu, 23 Jan 2025 09:21:47 -0500</pubDate>
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   <title>2025 Stifel Transportation Outlook</title>
   <link>http://www.streetinsider.com/Analyst+Comments/2025+Stifel+Transportation+Outlook/24238707.html</link>
   <description>&lt;p&gt;Stifel analyst J. Bruce Chan released a new report on the US transport sector on Wednesday.  &lt;/p&gt;&lt;p&gt;The analyst said, &quot;Marking the conclusion of the most extreme cycle in industry history, 2024 largely proved to be the slow transition back to normalcy that we'd anticipated it being a year ago (see here). Entering 2025 with earnings expectations reset lower and investors adjusted to this &quot;new normal&quot;, we believe there are plenty of variables and tail risks that could bring unexpected outcomes in the year ahead. Unique characteristics muddying demand expectations of this upcycle vis-à-vis priors include: 1) stubborn inflation and</description>
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   <pubDate>Thu, 23 Jan 2025 09:21:47 -0500</pubDate>
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   <title>2025 Stifel Transportation Outlook</title>
   <link>http://www.streetinsider.com/Analyst+Comments/2025+Stifel+Transportation+Outlook/24238707.html</link>
   <description>&lt;p&gt;Stifel analyst J. Bruce Chan released a new report on the US transport sector on Wednesday.  &lt;/p&gt;&lt;p&gt;The analyst said, &quot;Marking the conclusion of the most extreme cycle in industry history, 2024 largely proved to be the slow transition back to normalcy that we'd anticipated it being a year ago (see here). Entering 2025 with earnings expectations reset lower and investors adjusted to this &quot;new normal&quot;, we believe there are plenty of variables and tail risks that could bring unexpected outcomes in the year ahead. Unique characteristics muddying demand expectations of this upcycle vis-à-vis priors include: 1) stubborn inflation and</description>
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   <title>2025 Stifel Transportation Outlook</title>
   <link>http://www.streetinsider.com/Analyst+Comments/2025+Stifel+Transportation+Outlook/24238707.html</link>
   <description>&lt;p&gt;Stifel analyst J. Bruce Chan released a new report on the US transport sector on Wednesday.  &lt;/p&gt;&lt;p&gt;The analyst said, &quot;Marking the conclusion of the most extreme cycle in industry history, 2024 largely proved to be the slow transition back to normalcy that we'd anticipated it being a year ago (see here). Entering 2025 with earnings expectations reset lower and investors adjusted to this &quot;new normal&quot;, we believe there are plenty of variables and tail risks that could bring unexpected outcomes in the year ahead. Unique characteristics muddying demand expectations of this upcycle vis-à-vis priors include: 1) stubborn inflation and</description>
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   <pubDate>Thu, 23 Jan 2025 09:21:47 -0500</pubDate>
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   <description>&lt;p&gt;Stifel analyst J. Bruce Chan released a new report on the US transport sector on Wednesday.  &lt;/p&gt;&lt;p&gt;The analyst said, &quot;Marking the conclusion of the most extreme cycle in industry history, 2024 largely proved to be the slow transition back to normalcy that we'd anticipated it being a year ago (see here). Entering 2025 with earnings expectations reset lower and investors adjusted to this &quot;new normal&quot;, we believe there are plenty of variables and tail risks that could bring unexpected outcomes in the year ahead. Unique characteristics muddying demand expectations of this upcycle vis-à-vis priors include: 1) stubborn inflation and</description>
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   <description>&lt;p&gt;Stifel analyst J. Bruce Chan released a new report on the US transport sector on Wednesday.  &lt;/p&gt;&lt;p&gt;The analyst said, &quot;Marking the conclusion of the most extreme cycle in industry history, 2024 largely proved to be the slow transition back to normalcy that we'd anticipated it being a year ago (see here). Entering 2025 with earnings expectations reset lower and investors adjusted to this &quot;new normal&quot;, we believe there are plenty of variables and tail risks that could bring unexpected outcomes in the year ahead. Unique characteristics muddying demand expectations of this upcycle vis-à-vis priors include: 1) stubborn inflation and</description>
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   <description>&lt;p&gt;Stifel analyst J. Bruce Chan released a new report on the US transport sector on Wednesday.  &lt;/p&gt;&lt;p&gt;The analyst said, &quot;Marking the conclusion of the most extreme cycle in industry history, 2024 largely proved to be the slow transition back to normalcy that we'd anticipated it being a year ago (see here). Entering 2025 with earnings expectations reset lower and investors adjusted to this &quot;new normal&quot;, we believe there are plenty of variables and tail risks that could bring unexpected outcomes in the year ahead. Unique characteristics muddying demand expectations of this upcycle vis-à-vis priors include: 1) stubborn inflation and</description>
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   <description>&lt;p&gt;Stifel analyst J. Bruce Chan released a new report on the US transport sector on Wednesday.  &lt;/p&gt;&lt;p&gt;The analyst said, &quot;Marking the conclusion of the most extreme cycle in industry history, 2024 largely proved to be the slow transition back to normalcy that we'd anticipated it being a year ago (see here). Entering 2025 with earnings expectations reset lower and investors adjusted to this &quot;new normal&quot;, we believe there are plenty of variables and tail risks that could bring unexpected outcomes in the year ahead. Unique characteristics muddying demand expectations of this upcycle vis-à-vis priors include: 1) stubborn inflation and</description>
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   <description>&lt;p&gt;Stifel analyst J. Bruce Chan released a new report on the US transport sector on Wednesday.  &lt;/p&gt;&lt;p&gt;The analyst said, &quot;Marking the conclusion of the most extreme cycle in industry history, 2024 largely proved to be the slow transition back to normalcy that we'd anticipated it being a year ago (see here). Entering 2025 with earnings expectations reset lower and investors adjusted to this &quot;new normal&quot;, we believe there are plenty of variables and tail risks that could bring unexpected outcomes in the year ahead. Unique characteristics muddying demand expectations of this upcycle vis-à-vis priors include: 1) stubborn inflation and</description>
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   <description>&lt;p&gt;Stifel analyst J. Bruce Chan released a new report on the US transport sector on Wednesday.  &lt;/p&gt;&lt;p&gt;The analyst said, &quot;Marking the conclusion of the most extreme cycle in industry history, 2024 largely proved to be the slow transition back to normalcy that we'd anticipated it being a year ago (see here). Entering 2025 with earnings expectations reset lower and investors adjusted to this &quot;new normal&quot;, we believe there are plenty of variables and tail risks that could bring unexpected outcomes in the year ahead. Unique characteristics muddying demand expectations of this upcycle vis-à-vis priors include: 1) stubborn inflation and</description>
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