To read the complete article, please visit http://www.beaconequityresearch.com/ – Click on News and Commentary
Among the companies that emerged from the rubble, and even flourished, following the dot-com crash of the late 1990s, was Amazon.com (NASD: AMZN), a company that was often maligned for not having a brick and mortar storefront.
Yet, as Amazon amply proved, there are several advantages to not having physical property or inventories to attend to — like no depreciation costs, storage expenses and the like.
Thus, it should come as no surprise that a number of non-asset based transportation and logistics services companies, i.e. delivery brokers, have enjoyed great success in recent years, despite ever-rising fuel costs that have increased the cost of doing business.
Landstar System (NASD: LSTR), Universal Truckload Services (NASD: UACL) and US 1 Industries (OTCBB: USOO), companies that primarily coordinate merchandise distribution through independent and commercial trucking firms, all showed net income growth in excess of 50 percent from fiscal years 2004-2006.
To read the complete article, please visit http://www.beaconequityresearch.com/ – Click on News and Commentary
