DAT faces criticism over contract terms. Plus, DAT acquires Trucker Tools, RBX declares bankruptcy, and Cargado hits $1M milestone.
Andy created Trucking Tower Leads to solve a problem he faced firsthand: reaching the right decision-makers at trucking companies.
In the latest episode of "The Freight Caviar Podcast", we sit down with Andy Hedrick, CEO of Green Path Tech. He shares insights on how your business can be more sustainable, and talks about their fuel-saving technology.
Explore the year-to-date performance of 2023's leading transportation and freight stocks. XPO, SAIA, and ARCB lead the pack. Detailed list inside.
In the transportation and freight industry, 2023 has seen some significant stock price movements year-to-date. Leaders of the pack include XPO Logistics, Inc. (XPO) with an impressive YTD gain of +111.65%, followed by Saia, Inc. (SAIA) with +104.07% and ArcBest Corporation (ARCB) showing a strong performance of +71.15%. Ironically, Yellow Corp. (YELL), also had a notable increase of +42.29%. On the other hand, some stocks witnessed a downturn, with Norfolk Southern Corp. (NSC) experiencing the highest loss of -8.24%.
| Company Name | Stock Ticker | Price Change YTD |
|---|---|---|
| XPO Logistics, Inc. | XPO | +111.65% |
| Saia, Inc. | SAIA | +104.07% |
| ArcBest Corporation | ARCB | +71.15% |
| Matson, Inc. | MATX | +53.66% |
| GXO Logistics Inc | GXO | +51.43% |
| FedEx Corporation | FDX | +48.65% |
| Old Dominion Freight Line, Inc. | ODFL | +46.20% |
| Yellow Corp. | YELL | +42.29% |
| Schneider National, Inc. | SNDR | +32.01% |
| TFI International Inc. | TFII | +29.15% |
| Landstar System, Inc. | LSTR | +23.28% |
| J.B. Hunt Transport Services, Inc. | JBHT | +20.65% |
| Expeditors International of Washington, Inc. | EXPD | +18.53% |
| Westinghouse Air Brake Technologies Corporation | WAB | +16.82% |
| Hub Group, Inc. | HUBG | +13.68% |
| Werner Enterprises, Inc. | WERN | +14.57% |
| Knight-Swift Transportation Holdings Inc | KNX | +14.06% |
| C.H. Robinson Worldwide, Inc. | CHRW | +8.79% |
| Canadian Pacific Railway Limited | CP | +8.04% |
| Forward Air Corporation | FRWD | +7.13% |
| CSX Corporation | CSX | +6.57% |
| United Parcel Service, Inc. | UPS | +3.55% |
| Union Pacific Corporation | UNP | +10.75% |
| Canadian National Railway Company | CNI | -1.61% |
| ZTO Express (Cayman) Inc. | ZTO | -1.96% |
| Scorpio Tankers Inc. | STNG | -5.22% |
| Norfolk Southern Corp. | NSC | -8.24% |
Freight markets show slow recovery signs, but challenges persist. Dive into the latest tonnage, load-to-truck ratios, and order data shaping the trucking industry.
Fed Chair Jerome Powell hints at imminent interest rate cuts to support the labor market. Markets react positively as September meeting looms.
ACT Research lowers 2025 truck forecasts as inventory hits record levels. FTR reports July Class 8 orders below expectations, signaling market shifts.
Forward Air bounces back 30% after tanking from its Omni merger mess. Investors are cautiously optimistic about the turnaround.
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