I just don’t see the attraction of a business that has been flat more than a decade. Looking up older annual reports, they made $72M in net earnings in 2005 and they only really beat this earnings number in 2022 with revenue more than double the 2005 #.
And now, to break out of this runt, they have done a merger that years 4 years to work out:
In any case, trucking cos tend to have strong earnings about a year after a recession and then the profits seem to fade. Thats not much of a runway.