Trucking Stocks Set for Holiday Season Bump

Goldman Sachs is predicting that trucking stocks may see gains in the coming months due to historical seasonal patterns. The sector has already seen significant returns this year, with a 31.5% gain through August outpacing other transportation stocks.

The bank's analysis of historical data shows that spot trucking rates typically accelerate in September and gain strength during the holiday season in November and December. This pattern has historically aligned with equity performance strength in October and November.

Goldman maintains buy ratings on several trucking equities, including, and . The stocks have pulled back an average of 16% from their June and July peaks as spot trucking rates declined recently.