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Shipping stocks
Ready to invest in the freight industry? Consider these 9 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.
9 shipping stocks to watch
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.
- Expeditors International of Washington (EXPD)
- FedEx Corporation (FDX)
- C-HRobinson Worldwide (CHRW)
- Hub Group (HUBG)
- United Parcel Service (UPS)
- XPO Logistics (XPO)
- Radiant Logistics (RLGT)
- Teekay Tankers (TNK)
- Euronav (EURN)
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Take a deeper dive into shipping stocks
If you're interested in investing in the freight industry, take a closer look at what companies in this industry do and how the stocks have historically performed. Keep in mind that positive past performance doesn't guarantee that a stock will continue to rise in the future.1. Expeditors International of Washington (EXPD)
Expeditors International of Washington, Inc. 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.
Expeditors International of Washington stock opened the day at $128.45 after a previous close of $128.27. The latest price was $131.01 (25-minute delay). Expeditors International of Washington is listed on the NASDAQ, has a trailing 12-month revenue of around USD14.6 billion and employs 19,034 staff.
- Market capitalization: $20,614,772,736
- P/E ratio: 18.0068
- PEG ratio: 2.5982
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 e-commerce technology and e-commerce transportation solutions. Its FedEx Ground segment provides day-certain delivery services to businesses and residences.
FedEx Corporation stock opened the day at $245.79 after a previous close of $245.25. The latest price was $246.28 (25-minute delay). FedEx Corporation is listed on the NYSE, has a trailing 12-month revenue of around USD$89.6 billion and employs 384,000 staff.
- Market capitalization: $67,890,356,224
- P/E ratio: 14.0927
- PEG ratio: 1.0628
3. C-HRobinson Worldwide (CHRW)
C. H. Robinson Worldwide, Inc. , together with its subsidiaries, provides freight transportation services and logistics solutions to companies in various industries worldwide.
C-HRobinson Worldwide stock opened the day at $107.09 after a previous close of $107.09. The latest price was $107.63 (25-minute delay). C-HRobinson Worldwide is listed on the NASDAQ, has a trailing 12-month revenue of around USD$21.1 billion and employs 15,482 staff.
- Market capitalization: $14,076,292,096
- P/E ratio: 19.18
- PEG ratio: 1.6478
4. Hub Group (HUBG)
Hub Group, Inc. , an asset-light freight transportation management company, provides intermodal, truck brokerage, trucking, managed transportation, freight consolidation, warehousing, last mile delivery, international transportation, and other logistics services in North America. Its intermodal services include arranging for the movement of its customers' freight in containers and trailers over distances of 750 miles or more.
Hub Group stock opened the day at $67.16 after a previous close of $65.87. The latest price was $67.12 (25-minute delay). Hub Group is listed on the NASDAQ, has a trailing 12-month revenue of around USD$3.9 billion and employs 5,000 staff.
- Market capitalization: $2,791,894,784
- P/E ratio: 24.875
- PEG ratio: 0.9179
5. United Parcel Service (UPS)
United Parcel Service, Inc. provides letter and package delivery, transportation, logistics, and financial services. It operates through three segments: U. S.
United Parcel Service stock opened the day at $208.00 after a previous close of $206.54. The latest price was $209.11 (25-minute delay). United Parcel Service is listed on the NYSE, has a trailing 12-month revenue of around USD$94.4 billion and employs 540,000 staff.
- Market capitalization: $179,512,600,000
- P/E ratio: 69.0317
- PEG ratio: 1.5225
6. XPO Logistics (XPO)
XPO Logistics, Inc. provides supply chain solutions in the United States, rest of North America, France, the United Kingdom, rest of Europe, and internationally. The company operates in two segments, Transportation and Logistics.
XPO Logistics stock opened the day at $79.87 after a previous close of $79.58. The latest price was $80.85 (25-minute delay). XPO Logistics is listed on the NYSE, has a trailing 12-month revenue of around USD$18.4 billion and employs 42,000 staff.
- Market capitalization: $8,076,802,048
- P/E ratio: 26.9977
- PEG ratio: 0.5578
7. Radiant Logistics (RLGT)
Radiant Logistics, Inc. , a third-party logistics company, provides multi-modal transportation and logistics services primarily in the United States and Canada. The company offers domestic and international air and ocean freight forwarding services; and freight brokerage services, including truckload, less than truckload, and intermodal services.
Radiant Logistics stock opened the day at $6.70 after a previous close of $6.60. The latest price was $6.63 (25-minute delay). Radiant Logistics is listed on the NYSE MKT, has a trailing 12-month revenue of around USD$999.4 million and employs 656 staff.
- Market capitalization: $336,640,960
- P/E ratio: 12.7736
- PEG ratio: 0.78
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.
Teekay Tankers stock opened the day at $13.69 after a previous close of $13.54. The latest price was $13.79 (25-minute delay). Teekay Tankers is listed on the NYSE, has a trailing 12-month revenue of around USD$509.9 million and employs 2,100 staff.
- Market capitalization: $396,001,216
- PEG ratio: 31.59
9. Euronav (EURN)
Euronav NV, together with its subsidiaries, engages in the ocean transportation and storage of crude oil worldwide. The company also offers floating, storage, and offloading (FSO) services. As of April 1, 2021, it owned and operated a fleet of 77 vessels, including 10 chartered-in vessels with an aggregate carrying capacity of approximately 19.
Euronav stock opened the day at $9.49 after a previous close of $9.53. The latest price was $9.60 (25-minute delay). Euronav is listed on the NYSE, has a trailing 12-month revenue of around USD$455.2 million and employs 3,720 staff.
- Market capitalization: $1,869,555,200
- PEG ratio: -3.43
How to buy shipping stocks
Sign up with an online broker or platform to invest in one or more of these shipping stocks.
- Compare share trading platforms. Use our comparison table to narrow down top brokers by fees and bonuses.
- Open and fund your brokerage account. You’ll need personal and financial details, like your contact and bank information.
- Search for the stock you're interested in. Find the stock by name or ticker symbol, like EXPD or FDX.
- Decide on how many to buy. Some brokers will allow you to purchase fractional shares, while others require you to purchase whole shares.
- Choose an order type. Invest in the shipping stocks now with a market order or use a limit order to delay your purchase until the stock reaches your desired price.
- Buy the stock. Tap or click the Buy button on your brokerage account. Once you’ve invested in the freight industry, track how your stock performs to decide when it’s time to sell.
Compare trading platforms
Compare online trading platforms by fees, asset types and bonuses to find the best for your investment in shipping stocks.*Signup bonus information updated weekly.
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
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.More guides on Finder
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