Shipping stocks

The best shipping stocks depend on your portfolio and investment goals — while volatility can be ideal for day traders, long-term investors will want to look to stocks with steadier gains over time.

Our picks for the best shipping stocks

We round up a selection of stocks in or related to the freight industry, weighting the list more heavily towards popular mid- and large-cap US stocks.

---

1. Expeditors International of Washington (EXPD)

Expeditors International of Washington, Inc. , together with its subsidiaries, provides logistics services in the Americas, North Asia, South Asia, Europe, the Middle East, Africa, and India. The company offers airfreight services, such as air freight consolidation and forwarding; ocean freight and ocean services, including ocean freight consolidation, direct ocean forwarding, and order management; customs brokerage, intra-continental ground transportation and delivery, and warehousing and distribution services; and customs clearance, purchase order management, vendor consolidation, time-definite transportation services, temperature-controlled transit, cargo insurance, specialized cargo monitoring and tracking, and other supply chain solutions.

• Previous close price: $115.51
• Market capitalization: $17,649,004,544
• 1 year performance: 4.39%
• P/E ratio: 15.0796

Buy EXPD stock on National Bank Direct Brokerage

---

2. FedEx Corporation (FDX)

FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. The company's FedEx Express segment offers express transportation, small-package ground delivery, and freight transportation services; time-critical transportation services; and cross-border enablement, technology, and e-commerce transportation solutions. Its FedEx Ground segment provides day-certain delivery services to businesses and residences.

• Previous close price: $224.15
• Market capitalization: $56,966,418,432
• 1 year performance: 5.59%
• P/E ratio: 19.5043

Buy FDX stock on National Bank Direct Brokerage

---

3. CH Robinson Worldwide (CHRW)

C. H. Robinson Worldwide, Inc.

• Previous close price: $97.54
• Market capitalization: $11,357,460,480
• 1 year performance: -8.14%
• P/E ratio: 15.458

Buy CHRW stock on National Bank Direct Brokerage

---

4. Hub Group (HUBG)

Hub Group, Inc. , a supply chain solutions provider, offers transportation and logistics management services in North America. The company's transportation services include intermodal, truckload, less-than-truckload, flatbed, temperature-controlled, and dedicated and regional trucking, as well as final mile, railcar, small parcel, and international transportation.

• Previous close price: $65.87
• Market capitalization: $2,481,150,720
• 1 year performance: N/A
• P/E ratio: 7.3373

Buy HUBG stock on National Bank Direct Brokerage

---

5. United Parcel Service (UPS)

United Parcel Service, Inc. , a package delivery company, provides transportation and delivery, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance services. It operates through two segments, U.

• Previous close price: $171.57
• Market capitalization: $147,359,072,256
• 1 year performance: 2.50%
• P/E ratio: 13.8923

Buy UPS stock on National Bank Direct Brokerage

---

6. XPO Logistics (XPO)

XPO, Inc. provides freight transportation services in the United States, rest of North America, France, the United Kingdom, rest of Europe, and internationally. The company operates in two segments, North American LTL and European Transportation.

• Previous close price: $48.35
• Market capitalization: $5,601,686,016
• 1 year performance: N/A
• P/E ratio: 32.8912

Buy XPO stock on National Bank Direct Brokerage

---

7. Radiant Logistics (RLGT)

Radiant Logistics, Inc. , a third-party logistics company, provides technology-enabled global transportation and value-added logistics solutions primarily in the United States and Canada. It offers domestic, international air, and ocean freight forwarding services; and freight brokerage services, including truckload and intermodal services.

• Previous close price: $6.60
• Market capitalization: $297,849,568
• 1 year performance: -0.48%
• P/E ratio: 9.2059

Buy RLGT stock on National Bank Direct Brokerage

---

8. Teekay Tankers (TNK)

Teekay Tankers Ltd. provides marine transportation services to oil industries in Bermuda and internationally. The company offers voyage and time charter services; and offshore ship-to-ship transfer services of commodities primarily crude oil and refined oil products, as well as liquid gases and various other products.

• Previous close price: $13.54
• Market capitalization: $1,330,853,120
• 1 year performance: 145.86%
• P/E ratio: 3.2686

Buy TNK stock on National Bank Direct Brokerage

---

9. Euronav (EURN)

Euronav NV, together with its subsidiaries, engages in the transportation and storage of crude oil worldwide. The company offers floating, storage, and offloading (FSO) services. It also owns and operates a fleet of vessels.

• Previous close price: $9.53
• Market capitalization: $3,198,276,352
• 1 year performance: 51.10%
• P/E ratio: 7.5476

Buy EURN stock on National Bank Direct Brokerage

Buy shipping stocks from these online trading platforms

Compare special offers, low fees and a wide range of investment options among top trading platforms.

Note: The dollar amounts in the table below are in Canadian dollars.

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

Bottom line

While it's possible to turn a profit investing in shipping stocks, keep in mind that — like any investment — shipping stocks are not immune to risk. These stocks are subject to fluctuating conditions — both in the market and in the freight industry, so carefully vet your picks before you invest. And if you're new to investing, or if it's been awhile since you've taken a critical look at your investing accounts, compare brokers to make sure you're getting the best features in your trading account.