Finder makes money from featured partners, but editorial opinions are our own. Advertiser disclosure

7 top trucking stocks to buy in 2024

Ready to invest in the domestic transportation industry? Learn how to invest in trucking stocks in just a few steps.

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.

The top domestic transportation stocks included on this page all trade on the S&P 500, have an analyst recommendation of "Buy" or better and are sorted by year-to-date performance.

  1. Old Dominion Freight Line (ODFL)
  2. Saia (SAIA)
  3. JB Hunt Transport Services (JBHT)
  4. Landstar System (LSTR)
  5. Forward Air Corporation (FWRD)
  6. CH Robinson Worldwide (CHRW)
  7. ArcBest (ARCB)

Our top broker picks

Top pick for advanced traders

Go to site
  • Trade options, futures, options on futures, stocks, ETFs
  • $0 commission to close options
  • Pro-grade platform and risk analysis tools

Our pick for transfer bonus

Go to site
  • Trade stocks, options, ETFs, mutual funds, alternative asset funds
  • $0 commission on stocks, ETFs and options, with no options contract fees
  • Complimentary access to a financial planner and automated investing

Best for mobile experience

Go to site
  • Earn 4.5% interest on uninvested cash with Gold
  • Get up to $50,000 in instant deposits with Gold
  • Easy, user-friendly trading

How to invest in trucking 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 ODFL or SAIA.
  5. Place your order. Buy the stock. It's that simple.

Take a deeper dive into trucking stocks

If you're interested in investing in the domestic transportation 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. 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.

Old Dominion Freight Line stock opened the day at $200.60 after a previous close of $200.98. The latest price was $203.99 (25-minute delay). Old Dominion Freight Line is listed on the NASDAQ, has a trailing 12-month revenue of around USD5.9 billion and employs 22,686 staff.

  • Market capitalization: $43,679,997,952
  • P/E ratio: 35.1958
  • PEG ratio: 2.7495

Back to top


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.

Saia stock opened the day at $477.49 after a previous close of $480.69. The latest price was $486.14 (25-minute delay). Saia is listed on the NASDAQ, has a trailing 12-month revenue of around USD$3.2 billion and employs 14,000 staff.

  • Market capitalization: $13,067,971,584
  • P/E ratio: 34.8261
  • PEG ratio: 2.4201

Back to top


3. JB Hunt Transport Services (JBHT)

J. B. Hunt Transport Services, Inc. provides surface transportation, delivery, and logistic services in the United States.

JB Hunt Transport Services stock opened the day at $180.45 after a previous close of $180.96. The latest price was $181.99 (25-minute delay). JB Hunt Transport Services is listed on the NASDAQ, has a trailing 12-month revenue of around USD$12.2 billion and employs 34,718 staff.

  • Market capitalization: $18,336,360,448
  • P/E ratio: 32.8998
  • PEG ratio: 2.6223

Back to top


4. 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.

Landstar System stock opened the day at $176.62 after a previous close of $177.20. The latest price was $177.40 (25-minute delay). Landstar System is listed on the NASDAQ, has a trailing 12-month revenue of around USD$4.8 billion and employs 1,468 staff.

  • Market capitalization: $6,275,902,976
  • P/E ratio: 30.5156
  • PEG ratio: 3.2533

Back to top


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

Forward Air Corporation stock opened the day at $34.00 after a previous close of $34.24. The latest price was $33.73 (25-minute delay). Forward Air Corporation is listed on the NASDAQ, has a trailing 12-month revenue of around USD$1.9 billion and employs 4,014 staff.

  • Market capitalization: $1,032,098,880
  • PEG ratio: 2.01

Back to top


6. 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 $102.27 after a previous close of $101.82. The latest price was $102.65 (25-minute delay). CH Robinson Worldwide is listed on the NASDAQ, has a trailing 12-month revenue of around USD$17.8 billion and employs 14,731 staff.

  • Market capitalization: $12,855,373,824
  • P/E ratio: 35.654
  • PEG ratio: 1.4649

Back to top


7. ArcBest (ARCB)

ArcBest Corporation, an integrated logistics company, engages in the provision of ground, air, and ocean transportation solutions. It operates through two segments: Asset-Based and Asset-Light. The Asset-Based segment provides less-than-truckload (LTL) services, that transports general commodities, such as food, textiles, apparel, furniture, appliances, chemicals, non-bulk petroleum products, rubber, plastics, metal and metal products, wood, glass, automotive parts, machinery, and miscellaneous manufactured products.

ArcBest stock opened the day at $98.56 after a previous close of $100.02. The latest price was $100.54 (25-minute delay). ArcBest is listed on the NASDAQ, has a trailing 12-month revenue of around USD$4.3 billion and employs 15,000 staff.

  • Market capitalization: $2,463,398,656
  • P/E ratio: 19.8438
  • PEG ratio: 3

Back to top

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.

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 advisor 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.

More guides on Finder

Ask a question

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site