9 top air freight stocks to buy in 2024

The best air freight 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 popular air freight stocks picks to buy in 2024

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

1. United Parcel Service (UPS)
2. FedEx Corporation (FDX)
3. Atlas Air Worldwide (AAWW)
4. Air Transport Services Group (ATSG)
5. Radiant Logistics (RLGT)
6. Forward Air Corporation (FWRD)
7. Expeditors International of Washington (EXPD)
8. CH Robinson Worldwide (CHRW)
9. Air T (AIRT)

Compare premium accounts that help you research stocks

The air freight stocks industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering air freight stocks to buy, it's important that you have access to vital information about a company's financial health, leadership team, and market positioning.

Our picks for platforms with research tools

How to invest in air freight stocks

1. Choose an online stock trading platform. Choose from our Top Picks above, use our comparison table below or jump straight to the best stock trading apps of 2024.
2. Sign up for an account. Provide your personal information and sign up.
3. Set up a funding method to pay for the transaction. Deposit funds into your account by linking your banking information.
4. Choose the stocks you want to buy. Search for the stock by name or ticker symbol like UPS or FDX.
5. Place your order. Buy the stock. It's that simple.

Take a deeper dive into air freight stocks

If you're interested in investing in the shipping 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. 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. S.

United Parcel Service stock opened the day at $147.29 after a previous close of $147.48. The latest price was $145.92 (25-minute delay). United Parcel Service is listed on the NYSE, has a trailing 12-month revenue of around USD89.7 billion and employs 265,100 staff.

• Market capitalization: $127,006,507,008
• P/E ratio: 19.0859
• PEG ratio: 1.7887

Back to top

---

2. FedEx Corporation (FDX)

FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. It operates through FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services segments. The FedEx Express segment offers express transportation, small-package ground delivery, and freight transportation services; and time-critical transportation services.

FedEx Corporation stock opened the day at $261.65 after a previous close of $261.78. The latest price was $260.73 (25-minute delay). FedEx Corporation is listed on the NYSE, has a trailing 12-month revenue of around USD$87.5 billion and employs 328,000 staff.

• Market capitalization: $65,474,772,992
• P/E ratio: 15.362
• PEG ratio: 0.9556

Back to top

---

3. Atlas Air Worldwide (AAWW)

Atlas Air Worldwide Holdings, Inc. , through its subsidiaries, provides outsourced aircraft and aviation operating services. It operates through two segments, Airline Operations and Dry Leasing.

Atlas Air Worldwide is listed on the NASDAQ, has a trailing 12-month revenue of around USD$4.5 billion and employs 4,500 staff.

• Market capitalization: $2,934,330,368
• P/E ratio: 9.7322
• PEG ratio: 1.1

Back to top

---

4. Air Transport Services Group (ATSG)

Air Transport Services Group, Inc. , together with its subsidiaries, provides aircraft leasing, and air cargo transportation and related services in the United States and internationally. It operates in two segments, Cargo Aircraft Management Inc.

Air Transport Services Group stock opened the day at $12.87 after a previous close of $12.82. The latest price was $12.77 (25-minute delay). Air Transport Services Group is listed on the NASDAQ, has a trailing 12-month revenue of around USD$2.1 billion and employs 5,095 staff.

• Market capitalization: $836,156,032
• P/E ratio: 15.5244
• PEG ratio: 56.16

Back to top

---

5. 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. The company offers domestic, international air, and ocean freight forwarding services; and freight brokerage services, including truckload and intermodal services.

Radiant Logistics stock opened the day at $4.97 after a previous close of $4.94. The latest price was $5.04 (25-minute delay). Radiant Logistics is listed on the NYSE MKT, has a trailing 12-month revenue of around USD$888.3 million and employs 872 staff.

• Market capitalization: $231,330,384
• P/E ratio: 22.4091
• PEG ratio: 0.78

Back to top

---

6. 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 shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling.

Forward Air Corporation stock opened the day at $22.02 after a previous close of $22.02. The latest price was $21.05 (25-minute delay). Forward Air Corporation is listed on the NASDAQ, has a trailing 12-month revenue of around USD$1.4 billion and employs 4,014 staff.

• Market capitalization: $587,268,800
• P/E ratio: 13.5793
• PEG ratio: 2.01

Back to top

---

7. Expeditors International of Washington (EXPD)

Expeditors International of Washington, Inc. , together with its subsidiaries, provides logistics services worldwide. 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, import, 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 $121.28 after a previous close of $120.90. The latest price was $120.15 (25-minute delay). Expeditors International of Washington is listed on the NASDAQ, has a trailing 12-month revenue of around USD$9.3 billion and employs 18,100 staff.

• Market capitalization: $16,014,336,000
• P/E ratio: 22.5289
• PEG ratio: 1.57

Back to top

---

8. CH Robinson Worldwide (CHRW)

C. H. Robinson Worldwide, Inc. , together with its subsidiaries, provides freight transportation services, and related logistics and supply chain services in the United States and internationally.

CH Robinson Worldwide stock opened the day at $70.95 after a previous close of $71.00. The latest price was $72.09 (25-minute delay). CH Robinson Worldwide is listed on the NASDAQ, has a trailing 12-month revenue of around USD$17.6 billion and employs 15,246 staff.

• Market capitalization: $8,125,296,640
• P/E ratio: 25.8162
• PEG ratio: 1.5454

Back to top

---

9. Air T (AIRT)

Air T, Inc. , through its subsidiaries, provides overnight air cargo, ground equipment sale, and commercial jet engines and parts in the United States and internationally. The Overnight Air Cargo segment offers air express delivery services.

Air T stock opened the day at $26.00 after a previous close of $25.82. The latest price was $26.70 (25-minute delay). Air T is listed on the NASDAQ, has a trailing 12-month revenue of around USD$288.5 million and employs 584 staff.

• Market capitalization: $75,813,704
• PEG ratio: 0

Back to top

Compare more stock trading platforms to invest in air freight stocks

Compare online trading platforms by fees, asset types and bonuses to find the best for your investment in air freight stocks.

Bottom line

While it’s possible to turn a profit investing in air freight stocks, keep in mind that — like any investment — air freight stocks are not immune to risk. These stocks are subject to fluctuating conditions — both in the market and in the shipping 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.

Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.

Finder is not an adviser or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.