Stocks of companies that facilitate transportation are collectively known as transport stocks. They include stocks of railroad companies, railway operators, airlines, electric cars, freight carriers, transportation manufacturers, and logistics providers.
Transportation forms the backbone of many industries and sectors as all goods and products need to be transported from one place to another. It is critical for the overall economic growth of a country. Therefore, transport stocks become an excellent addition to the investment portfolio of investors looking for stable, long-term returns, and regular income.
The transportation industry has demonstrated accelerated growth in 2019 and is expected to generate over $1.3 trillion in revenues. With the growing demand, the future of transport stocks looks optimistic.
Ticker | Company Name | Last Price | 1-Year Return | Market Cap |
|---|---|---|---|---|
| CNI | Canadian National Railway | $132.98 | 32.97% | 94.2B |
| CP | Canadian Pacific Railway Ltd | $76.12 | 26.80% | 62.7B |
| CSX | CSX Corporation | $36.16 | 42.87% | 80.1B |
| FSTR | L B Foster Co | $16.15 | 18.23% | 175.0M |
| GBX | Greenbrier Companies Inc | $41.87 | 55.48% | 1.4B |
| GSH | Golden Share Resources Corp | $0.11 | #N/A | 4.2M |
| GWR | Global Water Resources Inc | $23.09 | #N/A | 426.0M |
| KIQ | Kelso Technologies Inc | $0.72 | 30.91% | 46.7M |
| KSU | Kansas City Southern | $306.11 | 76.68% | 27.8B |
| NSC | Norfolk Southern Corp. | $291.70 | 47.24% | 71.9B |
| RAIL | FreightCar America, Inc. | $4.34 | 212.23% | 67.8M |
| TRN | Trinity Industries Inc | $28.13 | 51.81% | 2.8B |
| UNP | Union Pacific Corporation | $241.57 | 39.34% | 155.0B |
| WAB | Westinghouse Air Brake Technologies Corp | $89.57 | 59.46% | 16.9B |
| ODFL | Old Dominion Freight Line Inc | $333.21 | 78.51% | 38.4B |
| JBHT | J B Hunt Transport Services Inc | $198.45 | 60.58% | 20.8B |
| KNX | Knight-Swift Transportation Holdings Inc | $55.96 | 47.61% | 9.3B |
| LSTR | Landstar System, Inc. | $175.57 | 39.66% | 6.7B |
| SNDR | Schneider National Inc | $25.71 | 12.61% | 4.6B |
| WERN | Werner Enterprises, Inc. | $47.88 | 20.12% | 3.3B |
| SAIA | Saia Inc | $308.24 | 117.38% | 8.1B |
| HTLD | Heartland Express, Inc. | $16.75 | -9.85% | 1.3B |
| MRTN | Marten Transport, Ltd | $16.98 | 10.84% | 1.4B |
| UPS | United Parcel Service, Inc. | $213.50 | 37.05% | 185.5B |
| FDX | FedEx Corporation | $234.57 | -9.78% | 62.3B |
| EXPD | Expeditors International of Wshngtn Inc | $122.06 | 36.85% | 20.7B |
| CHRW | CH Robinson Worldwide Inc | $99.13 | 11.91% | 13.0B |
| XPO | XPO Logistics Inc | $86.59 | 68.40% | 9.9B |
| KEX | Kirby Corporation | $55.00 | 51.43% | 3.3B |
| MATX | Matson Inc | $83.65 | 64.50% | 3.6B |
| LPG | Dorian LPG Ltd | $11.82 | 42.75% | 475.6M |
| DSSI | #N/A | #N/A | #N/A | #N/A |
| GNK | Genco Shipping & Trading Limited | $16.78 | 155.02% | 703.4M |
| EGLE | Eagle Bulk Shipping Inc. | $42.74 | 184.93% | 573.5M |
| OSG | Overseas Shipholding Group Inc. | $2.01 | 4.15% | 175.2M |
| PANL | Pangaea Logistics Solutions Ltd | $4.44 | 48.99% | 202.5M |
| ALGT | Allegiant Travel Company | $176.71 | 42.62% | 3.2B |
| ALK | Alaska Air Group, Inc. | $53.20 | 48.98% | 6.7B |
| AVH | AVITA Medical Inc | $4.55 | -27.08% | 427.0M |
| CPA | Copa Holdings, S.A. | $76.05 | 53.57% | 3.2B |
| GOL | Gol Linhas Aereas Inteligentes SA | $5.76 | -2.37% | 902.9M |
| HA | Hawaiian Holdings, Inc. | $18.84 | 43.05% | 966.8M |
| JBLU | JetBlue Airways Corporation | $14.13 | 27.18% | 4.5B |
| LUV | Southwest Airlines Co | $47.12 | 23.54% | 27.8B |
| RYAAY | Ryanair Holdings plc | $110.61 | 38.38% | 21.6B |
| SKYW | SkyWest, Inc. | $45.62 | 64.10% | 2.3B |
| AAL | American Airlines Group Inc | $19.08 | 74.25% | 12.3B |
| AMR | Alpha Metallurgical Resources Inc | $64.57 | 763.24% | 1.2B |
| AZUL | Azul SA | $14.32 | 17.28% | 1.6B |
| CEA | China Eastern Airlines Corp. Ltd. ADR Class H | $19.33 | -3.83% | 10.3B |
| DAL | Delta Air Lines, Inc. | $39.23 | 32.31% | 25.1B |
| MESA | Mesa Air Group Inc | $7.57 | 136.56% | 271.5M |
| SAVE | Spirit Airlines Incorporated | $21.97 | 41.20% | 2.4B |
| UAL | United Airlines Holdings Inc | $46.11 | 41.44% | 14.9B |
| VLRS | Controladora Vuela Co Avcn SA CV | $18.29 | 142.57% | 2.0B |
| ZNH | China Southern Airlines Co Ltd | $29.80 | 14.26% | 14.9B |
Factors to Consider Before Investing in Transport Stocks
Transport stocks are known to generate high returns at low risks. However, investors must consider that the performance of transport stocks is linked to the growth and decline in other industries, including manufacturing, agriculture, travel, and many more. Therefore, the overall economic and geopolitical conditions of the country and the world should be considered before investing in transport stocks.
The financial health of transportation companies should also be taken into account before investing in transport stocks. Investors must analyze fundamentals like earnings and revenue growth, dividend yield, and P/E ratio. Technical analysis based on past trends also serves well to predict the future performance of transport stocks.
Which Transport Stocks Should I Buy?
Among the multiple transport stocks trading on the stock exchanges, we have shortlisted the best transport stocks for you to select from. Some of the stocks belong to large and stable companies that promise long-term returns with low risks, while others are more suitable for income investors looking for high payout to shareholders.
Investors must understand that transport stocks undergo cyclical ups and downs and require extensive analysis before investing in them. Therefore, investment in transport stocks should be based on in-depth fundamental and technical analysis, in addition to a thorough understanding of the macroeconomic conditions.
