Despite Recent Hurricane, Logistics Companies Doing Well

When Hurricane Sandy hit the east coast, logistics companies had filled up gas tanks, bought or rented back-up generators to power distribution and fueling centers, and shipped relief and manufacturing supplies to the Northeast that customers would need after the storm.

“That business in the Northeast is really getting a lift because supply chains have been disrupted and expedited (service) is what you call on when you need to get something somewhere,” said Kevin Sterling, BB&T Capital Markets analyst in Richmond, Virginia.

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