Buffett’s Bet on Truck Stops Looks Like a Contrarian Move

Billionaire investor Warren Buffett’s purchase of a large stake in truck stop operator Pilot Flying J and his plans to eventually take control of the business look like a contrarian bet. Hurdles such as low diesel fuel prices and a shift in shipping patterns that favors regional trucking and local delivery over long-haul freight have turned the truck stop business into a difficult financial play.

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