Daseke (NASDAQ:DSKE) is an under the radar, small-cap trucking stock that operates in North America. The company is benefitting from the post-pandemic economy and should continue its earnings turnaround this year.Daseke (DSKE) is an under the radar, small-cap trucking stock that operates in North America that was founded in 2008 and headquartered in Addison, Texas. The company provides transportation and logistics solutions with a focus on flatbed and specialized freight. It operates through two segments: Flatbed Solutions and Specialized Solutions.
The company’s customers include companies in aerospace, defense, steel, manufacturing, construction, building materials, and mining. It also offers logistical planning and warehousing services. Currently, it operates 2,953 company-owned tractors and 2,099 independent-owned contractors tractors; and 11,579 trailers.
The post-pandemic economy has been very bullish for trucking companies as the stimulus payments led to an increase in the amount of goods that were bought by Americans. For DSKE, it’s led to a turnaround in earnings and a more than 20% increase in revenue. Further, strength in DSKE’s customers’ end markets makes the picture even more bullish.