Easy to use app
- Easy-to-use platform
- Low fees
- Student, young investor & active trader discounts
Considering investing in trucking stocks? While the best trucking stocks depend on your portfolio and investment goals, we've identified some trucking stocks that are worth keeping an eye on in the domestic transportation sector. Keep reading to learn more about trucking stocks and how to start investing.
7 popular trucking stocks to watch
We round up a selection of stocks in or related to the domestic transportation industry, weighting the list more heavily towards popular mid- and large-cap stocks.
| Best stock | 1-year return | Market cap | Exchange | Volume | Buy now on CIBC Investor's Edge |
|---|---|---|---|---|---|
| TFI International (TFII.US) | (data unavailable) | $7.2 billion (USD) | NYSE | (data unavailable) | Buy now |
| FedEx Corporation (FDX.US) | -2.25% | $65 billion (USD) | NYSE | 506,700 | Buy now |
| XPO Logistics (XPO.US) | (data unavailable) | $16.9 billion (USD) | NYSE | (data unavailable) | Buy now |
| JB Hunt Transport Services (JBHT.US) | (data unavailable) | $16.8 billion (USD) | NASDAQ | (data unavailable) | Buy now |
| Landstar System (LSTR.US) | (data unavailable) | $4.6 billion (USD) | NASDAQ | (data unavailable) | Buy now |
| Old Dominion Freight Line (ODFL.US) | -33.82% | $29.4 billion (USD) | NASDAQ | 2,627,900 | Buy now |
| Mullen Group (MTL.TO) | (data unavailable) | $1.3 billion (CAD) | Toronto Stock Exchange | (data unavailable) | Buy now |
What to look for when investing in trucking stock
The domestic transportation industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering trucking stocks to buy, it's important that you have access to vital information about a company's financial health, leadership team, and market positioning.
Also keep in mind that, while volatility can be ideal for day traders, long-term investors will want to look for stocks to offer steadier gains over time.
How to invest in trucking stock
- Research the domestic transportation industry. Before investing, learn about the trucking stock sector, its trends and the companies within it. Look at each company's financial health, potential for growth and past performance to identify stocks that fit your investment goals.
- Choose a stock trading platform. Compare trading fees, access to trading tools and user interface options. We've identified reliable trading platforms to help narrow down your options below or check out the best stock trading apps in Canada to find one that suits your needs.
- Open and fund your account. Sign up with your personal details and link a bank account or funding method to deposit money before you start trading.
- Select the trucking stock(s) to buy. Search by company name or ticker symbol, like TFII or FDX. Compare key metrics such as market cap, price history and earnings per share to pick the best stock for your strategy.
- Buy the stock and monitor performance. Place your order to buy the stock and track its performance over time. Consider setting alerts, signing up for industry newsletters or using platform research tools to stay up to date on market changes.
Our top picks for where to buy trucking stocks
Low margin rates
- Access to international stock exchanges
- Low margin rates
- Powerful research tools
Are trucking stocks a good investment?
While it's possible to turn a profit investing in trucking stocks, keep in mind that—like any investment—trucking stocks are not immune to risk. These stocks are subject to fluctuating conditions both in the market and in the domestic transportation industry, so carefully vet your picks before you invest.What are the best trucking stocks?
A lot of factors go into picking the best trucking stocks. Stock performance can be impacted by factors like market conditions, company decisions and global events. Plus, what may be a strong trucking stock investment for one person might not be suitable for another.
That said, we rounded up this list of popular trucking stocks in or related to the domestic transportation industry to help narrow down your options:
- TFI International (TFII)
- FedEx Corporation (FDX)
- XPO Logistics (XPO)
- JB Hunt Transport Services (JBHT)
- Landstar System (LSTR)
- Old Dominion Freight Line (ODFL)
- Mullen Group (MTL)
Keep in mind that this is not a "best" list or a recommendation. It highlights some trucking stocks for informational purposes only and does not indicate past or future performance or investment advice. We do not guarantee any investment performance.
We've outlined detailed company and stock performance details for each trucking stock below. Keep reading to decide if any of these companies are the right investment for you.
TFI International (TFII)
TFI International Inc. , together with its subsidiaries, provides transportation and logistics services in the United States, Mexico, and Canada. It operates through Less-Than-Truckload (LTL), Truckload (TL), and Logistics segments.
| Market Capitalization | $7.2 billion |
|---|---|
| Gross profit (TTM) | $1.6 billion |
| Profit margin | 4.06% |
| Revenue (TTM) | $8 billion |
| Earnings per share (TTM) | $3.89 |
| 52-week stock price range | $71.30 – $152.16 |
FedEx Corporation (FDX)
FedEx Corporation, together with its subsidiaries, provides transportation, e-commerce, and business services in the United States and internationally. It operates through Federal Express and FedEx Freight segments. The company offers transportation services, including express, freight, less-than-truckload freight, and time-specific freight-shipping; and small-package ground delivery services.
| Closing stock price | $275.68 |
|---|---|
| Market Capitalization | $65 billion |
| Gross profit (TTM) | $24.3 billion |
| Profit margin | 4.65% |
| Revenue (TTM) | $88.6 billion |
| Earnings per share (TTM) | $17.06 |
| 52-week stock price range | $191.82 – $289.90 |
XPO Logistics (XPO)
XPO, Inc. , together with its subsidiaries, provides freight transportation services in the United States, North America, France, the United Kingdom, and rest of Europe. The company operates in two segments, North American Less-Than-Truckload (LTL) and European Transportation.
| Market Capitalization | $16.9 billion |
|---|---|
| Gross profit (TTM) | $1.4 billion |
| Profit margin | 4.11% |
| Revenue (TTM) | $8.1 billion |
| Earnings per share (TTM) | $2.78 |
| 52-week stock price range | $85.06 – $161.00 |
JB Hunt Transport Services (JBHT)
J. B. Hunt Transport Services, Inc.
| Market Capitalization | $16.8 billion |
|---|---|
| Gross profit (TTM) | $2.3 billion |
| Profit margin | 4.75% |
| Revenue (TTM) | $12 billion |
| Earnings per share (TTM) | $5.78 |
| 52-week stock price range | $121.70 – $185.84 |
Landstar System (LSTR)
Landstar System, Inc. provides integrated transportation management solutions in the United States, Canada, Mexico, and internationally. It operates through two segments: Transportation Logistics and Insurance.
| Market Capitalization | $4.6 billion |
|---|---|
| Gross profit (TTM) | $939.1 million |
| Profit margin | 2.86% |
| Revenue (TTM) | $4.8 billion |
| Earnings per share (TTM) | $3.91 |
| 52-week stock price range | $118.93 – $186.31 |
Old Dominion Freight Line (ODFL)
Old Dominion Freight Line, Inc. operates as a less-than-truckload motor carrier in the United States and North America. The company offers regional, inter-regional, and national less-than-truckload services, as well as expedited transportation.
| Closing stock price | $139.67 |
|---|---|
| Market Capitalization | $29.4 billion |
| Gross profit (TTM) | $2.2 billion |
| Profit margin | 18.97% |
| Revenue (TTM) | $5.6 billion |
| Earnings per share (TTM) | $4.97 |
| 52-week stock price range | $126.01 – $221.57 |
Mullen Group (MTL)
Mullen Group Ltd. provides a range of trucking and logistics services in Canada and the United States. It operates through four segments: Less-Than-Truckload, Logistics & Warehousing, Specialized & Industrial Services, and U.
| Market Capitalization | C$1.3 billion |
|---|---|
| Gross profit (TTM) | C$631.8 million |
| Profit margin | 4.54% |
| Revenue (TTM) | C$2.1 billion |
| Earnings per share (TTM) | C$1.06 |
| 52-week stock price range | C$11.40 – C$15.19 |
Compare trading platforms to buy trucking stock
Compare special offers, low fees and a wide range of investment options among popular trading platforms in Canada. Note that the dollar amounts in the table below are in CAD.
5 of 5 results
Finder Score for stock trading platforms
To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score, the better the platform—it's that simple.
Bottom line
If you're considering adding trucking stocks to your portfolio, make sure you thoroughly look into any companies before investing to help mitigate risk. We've compiled a list of trucking stocks to help narrow down your options. Then choose a legitimate stock trading platform to start investing. After that it comes down to monitoring the domestic transportation industry to know when to buy, sell or hold.
Related: How to buy stocks in Canada
Frequently asked questions about trucking stocks
Sources
Check these other commodities and investment sectors
If you're thinking about diversifying your portfolio and investing in sectors beyond trucking stocks, here are some others you can consider:
B
C
G
H
S
Important information: Powered by Finder.com. This information is general in nature and is no substitute for professional advice. It does not take into account your personal situation. This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, 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 most investors. You do not own or have any interest in the underlying asset. Capital is at risk, including the risk of losing more than the amount originally put in, market volatility and liquidity risks. Past performance is no guarantee of future results. Tax on profits may apply. Consider the Product Disclosure Statement and Target Market Determination for the product on the provider's website. Consider your own circumstances, including whether you can afford to take the high risk of losing your money and possess the relevant experience and knowledge. We recommend that you obtain independent advice from a suitably licensed financial advisor before making any trades.
More on investing
Stock Trading
We break down which companies hold Ethereum, why they’re doing it and what ETH treasuries mean for markets and investors.
Stock Trading
Want to invest in the Euro Stoxx 50 in Canada? Explore investment platforms and popular Euro Stoxx 50 index funds.
Stock Trading
What are the best stocks for beginners with little money to invest?
Want to dive into investing but don’t have much to spend? Take a look at these types of stocks.
More resources on Finder
More guides on Finder
-
7 alternatives to Wealthsimple in Canada
We compare seven Wealthsimple alternatives to help you find the best investing platform or day-to-day bank account.
-
7 wheat stocks to watch
Want to invest in wheat companies? We’ve put together a list of wheat stocks you should keep your eye on.
-
8 residential reit stocks to watch
Want to invest in REIT companies? We’ve put together a list of residential REIT stocks you should keep your eye on.
-
8 bnpl stocks to watch
Want to invest in buy now, pay later companies? We’ve put together a list of BNPL stocks you should keep your eye on.
-
7 space stocks to watch
Want to invest in space companies? We’ve put together a list of space stocks you should keep your eye on.
-
7 oil tanker stocks to watch
Want to invest in oil tanker companies? We’ve put together a list of oil tanker stocks you should keep your eye on.
-
4 diamond stocks to watch
Want to invest in diamond companies? We’ve put together a list of diamond stocks you should keep your eye on.
-
8 sports stocks to watch
Want to invest in sports companies? We’ve put together a list of sports stocks you should keep your eye on.
-
Best renewable energy stocks
These are the best renewable energy stocks to buy now in Canada.