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Industrials Flat After Weak Round Of Earnings — Industrials Roundup

Shares of industrial and transportation companies were more or less flat after a weak round of earnings.

In a worrying sign for trucking lines, one of the largest, J.B. Hunt Transport Services, posted a softer-than-forecast increase in quarterly revenue.

Commercial railroad CSX posted a drop in quarterly revenue and warned of another challenging year for revenue this year.

Fastenal shares were under pressure after the toolmaker posted earnings short of Wall Street targets.

In another black eye for the U.S. aerospace giant, Boeing said it's grappling with a new software glitch, which may delay its efforts to get its 737 MAX jet to service.

Write to Rob Curran at rob.curran@dowjones.com

 

(END) Dow Jones Newswires

January 17, 2020 16:28 ET (21:28 GMT)

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