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Trucking stocks

Ready to invest in the domestic transportation industry? Consider these 7 stocks.

The best Trucking 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.

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Our picks for the best Trucking stocks

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 US stocks.

1. Old Dominion Freight Line (ODFL)

Old Dominion Freight Line, Inc. operates as a less-than-truckload (LTL) motor carrier in the United States and North America. It provides regional, inter-regional, and national LTL services, including expedited transportation.

  • Previous close price: $315.83
  • Market capitalization: $32,948,234,240
  • 1 year performance: 21.03%
  • P/E ratio: 24.6902
Buy ODFL stock on National Bank Direct Brokerage

2. Saia (SAIA)

Saia, Inc. , together with its subsidiaries, operates as a transportation company in North America. The company provides less-than-truckload services for shipments between 100 and 10,000 pounds; and other value-added services, including non-asset truckload, expedited, and logistics services.

  • Previous close price: $211.88
  • Market capitalization: $7,543,274,496
  • 1 year performance: 44.84%
  • P/E ratio: 20.6164
Buy SAIA stock on National Bank Direct Brokerage

3. JB Hunt Transport Services (JBHT)

J. B. Hunt Transport Services, Inc.

  • Previous close price: $162.31
  • Market capitalization: $17,720,680,448
  • 1 year performance: -1.68%
  • P/E ratio: 19.4151
Buy JBHT stock on National Bank Direct Brokerage

4. Landstar System (LSTR)

Landstar System, Inc. provides integrated transportation management solutions in the United States, Canada, Mexico, and internationally. The company operates through two segments: Transportation Logistics, and Insurance.

  • Previous close price: $155.07
  • Market capitalization: $6,327,100,416
  • 1 year performance: 14.03%
  • P/E ratio: 16.6427
Buy LSTR stock on National Bank Direct Brokerage

5. Forward Air Corporation (FWRD)

Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United States and Canada. It operates in two segments, Expedited Freight and Intermodal. The Expedited Freight segment provides expedited regional, inter-regional, and national less-than-truckload services; local pick-up and delivery services; and other services, which include final mile, truckload, shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling.

  • Previous close price: $91.91
  • Market capitalization: $2,549,134,336
  • 1 year performance: 4.53%
  • P/E ratio: 14.1499
Buy FWRD stock on National Bank Direct Brokerage

6. 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

7. ArcBest (ARCB)

ArcBest Corporation provides freight transportation and integrated logistics services. It operates through three segments: Asset-Based, ArcBest, and FleetNet. The Asset-Based segment transports general commodities, such as food, textiles, apparel, furniture, appliances, chemicals, nonbulk petroleum products, rubber, plastics, metal and metal products, wood, glass, automotive parts, machinery, and miscellaneous manufactured products through less-than-truckload services.

  • Previous close price: $60.17
  • Market capitalization: $2,083,928,448
  • 1 year performance: 24.41%
  • P/E ratio: 8.8595
Buy ARCB stock on National Bank Direct Brokerage

How to buy Trucking stocks

With an online trading account, you can buy Trucking stocks in a few simple steps:
  1. Compare online trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Use our comparison table to narrow down top brokers by fees and bonuses.
  2. Open and fund your account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for the stock you're interested in. Find the stock by name or ticker symbol, like ODFL or SAIA. Research its history to confirm it's a solid investment against your financial goals.
  4. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy fractional shares, depending on your broker.
  5. Buy the stock. Congratulations, you own a part of a Trucking company. Optimize your portfolio by tracking how your stock — and even the sector as a whole — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Buy Trucking 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.

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Interactive Brokers
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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 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. 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.

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