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Industry · 14 companies

Trucking Stocks in the US

The 14 Trucking companies we score in the US are Old Dominion Freight Line, Inc. ($34.0B, the largest), XPO, Inc., Knight-Swift Transportation Holdings Inc. and 11 more. 4 of the 14 companies we score beat S&P 500 on share price over recent months. Prices are as of 6 Nov 2026.

Trucking: XPO, Inc. owns the largest revenue base; Werner Enterprises, Inc. has the fastest current growth.

14Companies every listed company in this industry
$98.1BCombined market value all of them together
10/13Revenue growing revenue over the last 12 months up on a year earlier
4/14Beating S&P 500 share price doing better than the index (relative strength)
4 of 14 beat the S&P 500 on share price over recent months

The main question: the biggest companies are not always the ones changing the most.

Start with size. Then the direction of earnings. Then the quality of the business. A share price that leads means more once those three agree.

Which are the biggest Trucking stocks in the US?

The largest Trucking stocks in the US by market value are Old Dominion Freight Line, Inc. ($34.0B), XPO, Inc. ($20.6B) and Knight-Swift Transportation Holdings Inc. ($9.5B), at prices of 6 Nov 2026.

The other 4 Trucking companies are in the full list below.

Share price | market value | P/E, biggest first. Prices and market values as of 6 Nov 2026; ratios as in the score list below.

Which are the Trucking stocks, ranked?

Ranked by the 4-Factor Sector Score (growth & earnings 35, capital efficiency 25, valuation 20, relative strength 20). Prices as of 6 Nov 2026.

  1. 1XPO, Inc.XPO · $20.6B66.5of 100favourable · strongest on profit growth and ROCE improvement
  2. 2Universal Logistics Holdings, Inc.ULH · $715M57.8of 100provisional · strongest on relative strength versus sector and 13-week relative-strength change
  3. 3ArcBest CorporationARCB · $2.8B57.1of 100mixed, leaning good · strongest on PEG and ROCE improvement
  4. 4Old Dominion Freight Line, Inc.ODFL · $34.0B51.8of 100mixed, leaning good · strongest on ROCE and operating margin
  5. 5RXO, Inc.RXO · $4.6B51.0of 100mixed, leaning good · strongest on relative strength versus sector and 13-week relative-strength change
  6. 6Schneider National, Inc.SNDR · $4.9B48.6of 100mixed, leaning weak · strongest on profit growth and profitable quarters
  7. 7Knight-Swift Transportation Holdings Inc.KNX · $9.5B46.0of 100mixed, leaning weak · strongest on margin improvement and ROCE improvement
  8. 8PAMT CORPPAMT · $293M45.8of 100mixed, leaning weak · strongest on relative strength versus sector and margin improvement
  9. 9Covenant Logistics Group, Inc.CVLG · $801M45.6of 100mixed, leaning weak · strongest on PEG and revenue growth
  10. 10Saia, Inc.SAIA · $8.8B42.3of 100mixed, leaning weak · strongest on 13-week relative-strength change and profitable quarters

Which Trucking companies are listed in the US?

All 14 listed US Trucking companies are named here, largest first. Every figure is equal-weighted across those companies and carries its own as-of date. One large company cannot set the reading.

  1. Old Dominion Freight Line, Inc.$34.0B
  2. XPO, Inc.$20.6B
  3. Knight-Swift Transportation Holdings Inc.$9.5B
  4. Saia, Inc.$8.8B
  5. TFI International Inc.$7.8B
  6. Schneider National, Inc.$4.9B
  7. RXO, Inc.$4.6B
  8. ArcBest Corporation$2.8B
  9. Werner Enterprises, Inc.$1.6B
  10. Marten Transport, Ltd.$959M
  11. Covenant Logistics Group, Inc.$801M
  12. Heartland Express, Inc.$779M
  13. Universal Logistics Holdings, Inc.$715M
  14. PAMT CORP$293M

How many Trucking companies are listed in the US?

14 Trucking companies in the Trucking industry group (every listed company) have a page on Sector Alpha, by market value as of 6 November 2026, and all 14 are listed below, largest first. The largest is Old Dominion Freight Line, Inc. ($34 billion) and the smallest with a market value is PAMT CORP.

Every Trucking company with a page, largest first
CompanyMarket value
1. Old Dominion Freight Line, Inc. ODFL$34 billion
2. XPO, Inc. XPO$20.6 billion
3. Knight-Swift Transportation Holdings Inc. KNX$9.5 billion
4. Saia, Inc. SAIA$8.8 billion
5. TFI International Inc. TFII$7.8 billion
6. Schneider National, Inc. SNDR$4.9 billion
7. RXO, Inc. RXO$4.6 billion
8. ArcBest Corporation ARCB$2.8 billion
9. Werner Enterprises, Inc. WERN$1.6 billion
10. Marten Transport, Ltd. MRTN$959 million
11. Covenant Logistics Group, Inc. CVLG$801 million
12. Heartland Express, Inc. HTLD$779 million
13. Universal Logistics Holdings, Inc. ULH$715 million
14. PAMT CORP PAMT$293 million

Download all 14 Trucking companies (CSV)

How has Trucking moved against S&P 500?

The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the last two years (104 weeks) this industry is 35% behind S&P 500. Earnings across its companies fell 27% on average over the last four reported quarters.

Quiet · 1 year +35.0% ~

Price down, no fundamental support. 2 of 14 companies ahead of S&P 500 by 5% or more over three months.

Not ahead of S&P 500 on the three-month view this week; 4 of the 14 companies in the industry index above their 200-day average (1 more than four weeks earlier); 2 of those 14 ahead of S&P 500 by 5% or more over three months (no change from four weeks earlier); earnings rising at 8 of the 14 that report earnings.

Not ahead of S&P 500, not building participation, not giving any back. Earnings mixed, 8 of 14 members have higher trailing twelve-month earnings than a year ago.

1Y

Trucking against S&P 500

Both lines start at 200 in the first week shown

  • Trucking 304
  • S&P 500 219
Trucking against S&P 500
Week endingTruckingS&P 500
14 Nov 2025200200
21 Nov 2025201196
28 Nov 2025209203
5 Dec 2025231204
12 Dec 2025245203
19 Dec 2025237203
26 Dec 2025241205
2 Jan 2026240203
9 Jan 2026262207
16 Jan 2026263206
23 Jan 2026263205
30 Jan 2026254206
6 Feb 2026294206
13 Feb 2026279203
20 Feb 2026292205
27 Feb 2026286204
6 Mar 2026260200
13 Mar 2026238197
20 Mar 2026245193
27 Mar 2026259189
3 Apr 2026275195
10 Apr 2026290202
17 Apr 2026310211
24 Apr 2026320213
1 May 2026321215
8 May 2026312220
15 May 2026315220
22 May 2026338222
29 May 2026360225
5 Jun 2026378220
12 Jun 2026394221
19 Jun 2026353222
26 Jun 2026365217
3 Jul 2026357222
10 Jul 2026362225
17 Jul 2026379221
24 Jul 2026369220
31 Jul 2026328222
7 Aug 2026341230
14 Aug 2026347231
21 Aug 2026337228
28 Aug 2026329229
4 Sep 2026333229
11 Sep 2026323227
18 Sep 2026311227
25 Sep 2026299230
2 Oct 2026318229
9 Oct 2026313232
16 Oct 2026310227
23 Oct 2026298226
30 Oct 2026302225
6 Nov 2026304219

3Y

Trucking against S&P 500

Both lines start at 200 in the first week shown, every 2nd week shown

  • Trucking 227
  • S&P 500 326
Trucking against S&P 500
Week endingTruckingS&P 500
17 Nov 2023200200
24 Nov 2023204202
8 Dec 2023198204
22 Dec 2023220210
5 Jan 2024208208
19 Jan 2024211214
2 Feb 2024222219
16 Feb 2024233222
1 Mar 2024234228
15 Mar 2024228226
29 Mar 2024237232
12 Apr 2024232227
26 Apr 2024206225
10 May 2024210231
24 May 2024202235
7 Jun 2024206237
21 Jun 2024205242
5 Jul 2024217246
19 Jul 2024230244
2 Aug 2024224236
16 Aug 2024228246
30 Aug 2024224250
13 Sep 2024223249
27 Sep 2024229254
11 Oct 2024230257
25 Oct 2024229257
8 Nov 2024260265
22 Nov 2024255264
6 Dec 2024250270
20 Dec 2024226262
3 Jan 2025228263
17 Jan 2025232265
31 Jan 2025230267
14 Feb 2025227271
28 Feb 2025198264
14 Mar 2025179250
28 Mar 2025175247
11 Apr 2025161237
25 Apr 2025153244
9 May 2025162250
23 May 2025165257
6 Jun 2025169266
20 Jun 2025169264
4 Jul 2025188277
18 Jul 2025178278
1 Aug 2025166276
15 Aug 2025173285
29 Aug 2025178286
12 Sep 2025174292
26 Sep 2025165294
10 Oct 2025162290
24 Oct 2025164300
7 Nov 2025157298
21 Nov 2025150292
5 Dec 2025173304
19 Dec 2025177302
2 Jan 2026179303
16 Jan 2026196307
30 Jan 2026190307
13 Feb 2026208302
27 Feb 2026214304
13 Mar 2026178294
27 Mar 2026193281
10 Apr 2026217301
24 Apr 2026239317
8 May 2026233327
22 May 2026252331
5 Jun 2026282327
19 Jun 2026264331
3 Jul 2026267330
17 Jul 2026283330
31 Jul 2026245331
14 Aug 2026259344
28 Aug 2026245341
11 Sep 2026241339
25 Sep 2026224342
9 Oct 2026234345
23 Oct 2026222337
6 Nov 2026227326

5Y

Trucking against S&P 500

Both lines start at 200 in the first week shown, every 4th week shown

  • Trucking 235
  • S&P 500 314
Trucking against S&P 500
Week endingTruckingS&P 500
19 Nov 2021200200
10 Dec 2021198201
7 Jan 2022188199
4 Feb 2022178191
4 Mar 2022180184
1 Apr 2022163193
29 Apr 2022152176
27 May 2022153177
24 Jun 2022146166
22 Jul 2022160169
19 Aug 2022172180
16 Sep 2022147164
14 Oct 2022150153
11 Nov 2022162170
9 Dec 2022157168
6 Jan 2023157166
3 Feb 2023186176
3 Mar 2023187172
31 Mar 2023173175
28 Apr 2023177177
26 May 2023179179
23 Jun 2023182185
21 Jul 2023210193
18 Aug 2023208186
15 Sep 2023205189
13 Oct 2023198184
10 Nov 2023198188
8 Dec 2023205196
5 Jan 2024215200
2 Feb 2024229211
1 Mar 2024242219
29 Mar 2024245223
26 Apr 2024213217
24 May 2024209226
21 Jun 2024212232
19 Jul 2024238234
16 Aug 2024236236
13 Sep 2024231240
11 Oct 2024237247
8 Nov 2024269255
6 Dec 2024259259
3 Jan 2025236253
31 Jan 2025238257
28 Feb 2025205253
28 Mar 2025182237
25 Apr 2025158235
23 May 2025171247
20 Jun 2025175253
18 Jul 2025184268
15 Aug 2025179274
12 Sep 2025180280
10 Oct 2025168279
7 Nov 2025163286
5 Dec 2025179292
2 Jan 2026185291
30 Jan 2026196295
27 Feb 2026221293
27 Mar 2026200270
24 Apr 2026248305
22 May 2026261318
19 Jun 2026273319
17 Jul 2026292317
14 Aug 2026268331
11 Sep 2026249326
9 Oct 2026242332
6 Nov 2026235314

Earnings, each company rebased to 100, the sector takes the median

Latest quarter July to September 2026: 13.4, from 14 companies

Earnings, each company rebased to 100, the sector takes the median
QuarterMedian earnings index
Jan 2022100.0 (12 companies)
Apr 2022110.3 (14 companies)
Jul 2022117.7 (14 companies)
Oct 2022118.3 (15 companies)
Jan 2023108.9 (12 companies)
Apr 202392.1 (13 companies)
Jul 202373.6 (14 companies)
Oct 202365.8 (13 companies)
Jan 202444.2 (14 companies)
Apr 202450.4 (14 companies)
Jul 202446.7 (14 companies)
Oct 202442.6 (14 companies)
Jan 202539.7 (14 companies)
Apr 202538.6 (14 companies)
Jul 202523.1 (14 companies)
Oct 202514.2 (14 companies)
Jan 202615.1 (13 companies)
Apr 20266.1 (14 companies)
Jul 202613.4 (14 companies)

Both lines start at 200 in the same week, so the gap between them tells the story: the industry line is an equal-weighted index of its 14 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member set to 100 at the start and the industry taking the middle value, so a price line pulling away from flat bars means the market is paying more for the same earnings. A bar turns grey when that figure is lower than the quarter before. The rules are fixed and the same everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover or tap any point to read both values and the gap.

Is Trucking outperforming S&P 500?

Trucking has done better than the S&P 500 by 32.7% over the last 52 weeks. Over 13 weeks the gap is a shortfall of 5.5%. Universal Logistics Holdings, Inc. is the strongest against the sector itself at +49.9%.

−5.5%Sector vs S&P 500 · 13 weeks
+32.7%Sector vs S&P 500 · 52 weeks
4 of 14Stocks leading S&P 500
4 of 14Stocks leading the sector

What is the bottom line on Trucking?

Trucking has done better than the S&P 500 by 32.7% over 52 weeks, but is 5.5% behind over the last 13 weeks. 4 of 14 companies we track are beating the S&P 500 on relative strength (how a share price has done against the index over recent months), and 4 of 14 are ahead of the industry itself.

How does each Trucking stock score?

A score that ranks each company against the others in its industry. The four parts shown always add up to the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or old evidence affects only its own part, never as a hidden adjustment.

Growth & earnings · 35% Capital efficiency · 25% Valuation · 20% Relative strength · 20%

XPO, Inc. has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 81.1% evidence confidence.

Covenant Logistics Group, Inc. scores well on valuation against its peers or its own history, but its earnings have not yet improved enough to back that up.

  1. 1XPO, Inc.XPO · quiet · favourable · 81% evidence66.5out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 27.6/35 · Revenue 9.5% · PAT 51.5% · OPM change 2.8 pp · 83% evidenceCapital efficiency 17.2/25 · ROCE 14.4% · OPM 12.6% · 76% evidenceValuation 13.3/20 · P/E 41× · PEG 0.8 · 65% evidenceRelative strength 8.4/20 · RS sector −7.6% · RS bench −7.1% · 1Y 25.7% · 100% evidence · 0 of 12 weeks aheadExact sum: 27.6 + 17.2 + 13.3 + 8.4 = 66.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  2. 2Universal Logistics Holdings, Inc.ULH · leader · provisional · 58% evidence57.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 18.4/35 · Revenue — · PAT — · OPM change 3.1 pp · 45% evidenceCapital efficiency 10.9/25 · ROCE 3.8% · OPM 7.6% · 76% evidenceValuation 8.5/20 · P/E 351.2× · PEG — · 15% evidenceRelative strength 20.0/20 · RS sector 49.9% · RS bench 52.9% · 1Y 79.5% · 100% evidence · 9 of 12 weeks aheadExact sum: 18.4 + 10.9 + 8.5 + 20 = 57.8 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
  3. 3ArcBest CorporationARCB · quiet · mixed, leaning good · 81% evidence57.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 18.2/35 · Revenue 8.2% · PAT −70.1% · OPM change 2.7 pp · 83% evidenceCapital efficiency 11.3/25 · ROCE 8.8% · OPM 6.4% · 76% evidenceValuation 13.4/20 · P/E 99.3× · PEG 0.41 · 65% evidenceRelative strength 14.2/20 · RS sector 9.7% · RS bench 9.1% · 1Y 90.9% · 100% evidence · 1 of 12 weeks aheadExact sum: 18.2 + 11.3 + 13.4 + 14.2 = 57.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  4. 4Old Dominion Freight Line, Inc.ODFL · quiet · mixed, leaning good · 81% evidence51.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 20.4/35 · Revenue 3.8% · PAT 9.8% · OPM change 2.8 pp · 83% evidenceCapital efficiency 21.6/25 · ROCE 28.7% · OPM 28.5% · 76% evidenceValuation 6.8/20 · P/E 31× · PEG 2.57 · 65% evidenceRelative strength 3.0/20 · RS sector −16.4% · RS bench −15.9% · 1Y 17.9% · 100% evidence · 0 of 12 weeks aheadExact sum: 20.4 + 21.6 + 6.8 + 3 = 51.8 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value.
  5. 5RXO, Inc.RXO · turning · mixed, leaning good · 64% evidence51.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 16.3/35 · Revenue 10.1% · PAT — · OPM change 1.2 pp · 62% evidenceCapital efficiency 4.9/25 · ROCE 0.4% · OPM 1.3% · 76% evidenceValuation 10.8/20 · P/E −38.3× · PEG — · 15% evidenceRelative strength 19.0/20 · RS sector 38.6% · RS bench 37.9% · 1Y 121% · 100% evidence · 4 of 12 weeks aheadExact sum: 16.3 + 4.9 + 10.8 + 19 = 51 · What this means: Relative strength against the index is 37.9%, and revenue and profit growth are weak.
  6. 6Schneider National, Inc.SNDR · quiet · mixed, leaning weak · 81% evidence48.6out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 21.7/35 · Revenue 6% · PAT 24.6% · OPM change 1.5 pp · 83% evidenceCapital efficiency 12.1/25 · ROCE 4.7% · OPM 3.9% · 76% evidenceValuation 10.0/20 · P/E 39.4× · PEG 1.58 · 65% evidenceRelative strength 4.8/20 · RS sector −11.6% · RS bench −11.1% · 1Y 22.2% · 100% evidence · 0 of 12 weeks aheadExact sum: 21.7 + 12.1 + 10 + 4.8 = 48.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  7. 7Knight-Swift Transportation Holdings Inc.KNX · quiet · mixed, leaning weak · 71% evidence46.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 20.8/35 · Revenue 7% · PAT 7.8% · OPM change 3.7 pp · 83% evidenceCapital efficiency 9.7/25 · ROCE 3.2% · OPM 7.1% · 76% evidenceValuation 9.4/20 · P/E 67.5× · PEG — · 15% evidenceRelative strength 6.1/20 · RS sector −9.7% · RS bench −9.2% · 1Y 26.1% · 100% evidence · 0 of 12 weeks aheadExact sum: 20.8 + 9.7 + 9.4 + 6.1 = 46 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  8. 8PAMT CORPPAMT · turning · mixed, leaning weak · 64% evidence45.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 13.1/35 · Revenue −1.9% · PAT — · OPM change 3.2 pp · 62% evidenceCapital efficiency 3.2/25 · ROCE −14.1% · OPM −3.3% · 76% evidenceValuation 11.5/20 · P/E −164.5× · PEG — · 15% evidenceRelative strength 18.0/20 · RS sector 16.1% · RS bench 17.3% · 1Y 34.7% · 100% evidence · 0 of 12 weeks aheadExact sum: 13.1 + 3.2 + 11.5 + 18 = 45.8 · What this means: Relative strength against the index is 17.3%, and revenue and profit growth are weak.
  9. 9Covenant Logistics Group, Inc.CVLG · quiet · mixed, leaning weak · 81% evidence45.6out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 11.0/35 · Revenue 12.5% · PAT −81.8% · OPM change 0.6 pp · 83% evidenceCapital efficiency 9.4/25 · ROCE 2.3% · OPM 3.3% · 76% evidenceValuation 13.7/20 · P/E 151.8× · PEG 0.21 · 65% evidenceRelative strength 11.5/20 · RS sector −1.7% · RS bench −2.3% · 1Y 61.1% · 100% evidence · 0 of 12 weeks aheadExact sum: 11 + 9.4 + 13.7 + 11.5 = 45.6 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far.
  10. 10Saia, Inc.SAIA · quiet · mixed, leaning weak · 81% evidence42.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 11.9/35 · Revenue 9.3% · PAT 0% · OPM change −1.7 pp · 83% evidenceCapital efficiency 16.2/25 · ROCE 10.6% · OPM 12.4% · 76% evidenceValuation 5.6/20 · P/E 31.4× · PEG 2.76 · 65% evidenceRelative strength 8.6/20 · RS sector −14% · RS bench −13.3% · 1Y 17.6% · 100% evidence · 0 of 12 weeks aheadExact sum: 11.9 + 16.2 + 5.6 + 8.6 = 42.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  11. 11Werner Enterprises, Inc.WERN · basing · mixed, leaning weak · 64% evidence39.5out of 100GrowthCapitalValuationRelative
  12. 12TFI International Inc.TFII · quiet · mixed, leaning weak · 81% evidence39.4out of 100GrowthCapitalValuationRelative
  13. 13Heartland Express, Inc.HTLD · quiet · mixed, leaning weak · 64% evidence36.4out of 100GrowthCapitalValuationRelative
  14. 14Marten Transport, Ltd.MRTN · quiet · weak · 81% evidence32.0out of 100GrowthCapitalValuationRelative
How this score is built, and what the marks mean

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

How have Trucking share prices moved?

RXO, Inc. has the strongest one-year price move in Trucking at +121.0%. Universal Logistics Holdings, Inc. leads on relative strength against the S&P 500, at +52.9%. 4 of 14 companies we track are ahead of the index on that measure. Every line covers 313 weekly closes through 6 November 2026.

Price and relative strength

Price · same starting point: Every company, the sector's own index and S&P 500 all start level on the left edge of the window, so only the distance between the lines counts: the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.

RS vs S&P 500: How far ahead of or behind S&P 500 each company has been running, measured against its own recent average of that comparison, so the flat line at zero IS S&P 500: above it the company is beating the market, below it the market is beating the company. It opens on one year.

RS vs sector: The same measure taken against Trucking itself instead of the whole market, so the flat line at zero is the sector: above it the company is beating its own peers, which is the sharper test of the two. It opens on one year.

1Y

Price of the 5 strongest one-year movers, each started at 100

52 weekly closes

  • RXO, Inc. 254
  • ArcBest Corporation 200
  • Universal Logistics 192
  • Covenant Logistics 165
  • PAMT CORP 140
  • S&P 500 109
Price of the 5 strongest one-year movers, each started at 100
Week endingRXO, Inc.ArcBest CorporationUniversal LogisticsCovenant LogisticsPAMT CORPS&P 500
14 Nov 2025100100100100100100
21 Nov 2025106991011009898
28 Nov 202512210010610490102
5 Dec 202513311111211492102
12 Dec 2025142120122121107102
19 Dec 2025125123112118107101
26 Dec 2025117121111117125103
2 Jan 2026118121109117120102
9 Jan 2026136137121132122103
16 Jan 2026138142124135119103
23 Jan 2026143140120139110103
30 Jan 2026134141113129108103
6 Feb 2026156175127152121103
13 Feb 2026124163114149118102
20 Feb 2026145164118154119103
27 Feb 2026147161117154100102
6 Mar 202612714610913897100
13 Mar 20261121331021298099
20 Mar 20261221371251328097
27 Mar 20261281451411398294
3 Apr 20261381571521478898
10 Apr 202614817015014993101
17 Apr 202617218616516098106
24 Apr 202617919216717897106
1 May 202618019715817697107
8 May 202620018992174103110
15 May 202617219295179103110
22 May 2026224195100196119111
29 May 2026236214112208135113
5 Jun 2026247243122228137110
12 Jun 2026261271121238158110
19 Jun 2026234226105223135111
26 Jun 2026250229108235147109
3 Jul 2026245218104230137111
10 Jul 2026242230101241141112
17 Jul 2026270250101248148111
24 Jul 2026236241111245162110
31 Jul 202618722695186161111
7 Aug 2026200215142181141115
14 Aug 2026217223136183127116
21 Aug 2026208219135184114114
28 Aug 2026202214138183120115
4 Sep 2026190221134183131115
11 Sep 2026180211131186133114
18 Sep 2026187201125177120113
25 Sep 2026182196118170117115
2 Oct 2026215207130177122115
9 Oct 2026268202123167127116
16 Oct 2026263203115161116114
23 Oct 2026265199118153106113
30 Oct 2026253196160162116113
6 Nov 2026254200192165140109

3Y

Price of the 5 strongest one-year movers, each started at 100

156 weekly closes, every 2nd shown

  • RXO, Inc. 138
  • ArcBest Corporation 106
  • Universal Logistics 100
  • Covenant Logistics 125
  • PAMT CORP 99
  • S&P 500 163
Price of the 5 strongest one-year movers, each started at 100
Week endingRXO, Inc.ArcBest CorporationUniversal LogisticsCovenant LogisticsPAMT CORPS&P 500
17 Nov 2023100100–––100
24 Nov 2023103101–––101
8 Dec 202310489–––102
22 Dec 202312099–––105
5 Jan 202411396–––104
19 Jan 202411298–––107
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18 Jul 20258165929391139
1 Aug 20257558839282138
15 Aug 20257559889585143
29 Aug 20258261959686143
12 Sep 20258358919187146
26 Sep 20257557868686147
10 Oct 20258358698175145
24 Oct 20258862657979150
7 Nov 20256355567873149
21 Nov 20255752527669146
5 Dec 20257259598665152
19 Dec 20256865599076151
2 Jan 20266464578885152
16 Jan 202675756510384153
30 Jan 20267375599876154
13 Feb 202668865911383151
27 Feb 202680856111771152
13 Mar 20266170539857147
27 Mar 202670767310558141
10 Apr 202680907811365151
24 Apr 2026971018713569158
8 May 20261091004813273164
22 May 20261221035214884165
5 Jun 20261351286317397164
19 Jun 20261271195516995166
3 Jul 20261331155417497165
17 Jul 202614713253188104165
31 Jul 202610111949141113166
14 Aug 20261181187113890172
28 Aug 20261101137213985171
11 Sep 2026981126814194170
25 Sep 2026991036112983171
9 Oct 20261461076412790173
23 Oct 20261441056211675169
6 Nov 202613810610012599163

5Y

Price of the 5 strongest one-year movers, each started at 100

260 weekly closes, every 4th shown

  • RXO, Inc. 128
  • ArcBest Corporation 116
  • Universal Logistics 100
  • Covenant Logistics 125
  • PAMT CORP 99
  • S&P 500 157
Price of the 5 strongest one-year movers, each started at 100
Week endingRXO, Inc.ArcBest CorporationUniversal LogisticsCovenant LogisticsPAMT CORPS&P 500
19 Nov 2021–100–––100
10 Dec 2021–98–––100
7 Jan 2022–91–––99
4 Feb 2022–81–––96
4 Mar 2022–80–––92
1 Apr 2022–68–––97
29 Apr 2022–66–––88
27 May 2022–69–––89
24 Jun 2022–65–––83
22 Jul 2022–74–––84
19 Aug 2022–82–––90
16 Sep 2022–65–––82
14 Oct 2022–69–––76
11 Nov 20228377–––85
9 Dec 20228170–––84
6 Jan 20237969–––83
3 Feb 20239579–––88
3 Mar 20239894–––86
31 Mar 20239184–––87
28 Apr 20238486–––89
26 May 20239679–––90
23 Jun 20239878–––92
21 Jul 20239899–––96
18 Aug 20238995–––93
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13 Oct 20238687–––92
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5 Jan 2024105105–––100
2 Feb 202499117–––105
1 Mar 202498129–––109
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26 Apr 202490116–––108
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8 Nov 2024139106–––128
6 Dec 202413398–––130
3 Jan 202511786–––126
31 Jan 202511987–––128
28 Feb 20259572–––127
28 Mar 20258864–––119
25 Apr 20256353–––117
23 May 20257055–––124
20 Jun 20257163–––127
18 Jul 20257571929391134
15 Aug 20257065889585137
12 Sep 20257764919187140
10 Oct 20257764698175139
7 Nov 20255861567873143
5 Dec 20256765598665146
2 Jan 20266070578885146
30 Jan 20266882599876148
27 Feb 202674936111771146
27 Mar 202665847310558135
24 Apr 2026901118713569152
22 May 20261131135214884159
19 Jun 20261181315516995159
17 Jul 202613614553188104159
14 Aug 20261091307113890166
11 Sep 2026911236814194163
9 Oct 20261351186412790166
6 Nov 202612811610012599157

The companies with the strongest one-year price moves are drawn. The S&P 500 line is dashed.

Biggest one-year moves

  1. 1RXO, Inc.RXO · $4.6B+121.0%1 year
  2. 2ArcBest CorporationARCB · $2.8B+90.9%1 year
  3. 3Universal Logistics Holdings, Inc.ULH · $715M+79.5%1 year
  4. 4Covenant Logistics Group, Inc.CVLG · $801M+61.1%1 year
  5. 5PAMT CORPPAMT · $293M+34.7%1 year

Strongest against S&P 500

  1. 1Universal Logistics Holdings, Inc.ULH · $715M+52.9%vs S&P 500
  2. 2RXO, Inc.RXO · $4.6B+37.9%vs S&P 500
  3. 3PAMT CORPPAMT · $293M+17.3%vs S&P 500
  4. 4ArcBest CorporationARCB · $2.8B+9.1%vs S&P 500
  5. 5Covenant Logistics Group, Inc.CVLG · $801M−2.3%vs S&P 500

Strongest against the sector itself

  1. 1Universal Logistics Holdings, Inc.ULH · $715M+49.9%vs sector
  2. 2RXO, Inc.RXO · $4.6B+38.6%vs sector
  3. 3PAMT CORPPAMT · $293M+16.1%vs sector
  4. 4ArcBest CorporationARCB · $2.8B+9.7%vs sector
  5. 5Covenant Logistics Group, Inc.CVLG · $801M−1.7%vs sector

Which Trucking companies have the most revenue, and which grow fastest?

XPO, Inc. has the highest Revenue among the 14 Trucking companies compared here, at $8,835 million. TFI International Inc. is next at $8,385 million. Werner Enterprises, Inc. has the highest Revenue growth at 14.7%, so level and change sit with different companies. 13 of 14 companies report a comparable reading, the latest through Sep 2026.

What the numbers say: XPO, Inc. is the largest at $8,835 million, 5.4% ahead of TFI International Inc. Werner Enterprises, Inc.'s growth is 14.7% from a $3,432 million base, with 19 reported quarters out of the last 20. Fast growth from a smaller base is not yet the same as proven size.

XPO, Inc. · $8,835 millionLeader
5.4% versus #2 · TFI International Inc.Gap
6/8 recent comparable periodsPersistence
13/14 companies · 264 observationsCoverage

What this means: XPO, Inc. is the size to compare against; Werner Enterprises, Inc. is the one growing fastest. The faster grower has to keep that growth and turn it into margin and returns before it counts as more than a fast start.

This conclusion weakens if: XPO, Inc.'s growth falls below Werner Enterprises, Inc.'s for two consecutive comparable reports while operating margin also compresses.

Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.

Revenue · company comparison

Revenue, by reported quarter

  • XPO, Inc. $2.4B
  • TFI International Inc. $2.2B
  • Knight-Swift Transportation Holdings Inc. $2.2B
  • RXO, Inc. $1.9B
  • Schneider National, Inc. $1.6B
Revenue, by reported quarter
QuarterXPO, Inc.TFI International Inc.Knight-Swift Transportation Holdings Inc.RXO, Inc.Schneider National, Inc.
Mar 2022$1.9B$2.2B$1.8B$1.3B$1.6B
Jun 2022$2.0B$2.4B$2.0B$1.2B$1.7B
Sep 2022$1.9B$2.2B$1.9B$1.1B$1.7B
Dec 2022$1.8B$2.0B$1.7B$1.1B$1.6B
Mar 2023$1.9B$1.9B$1.6B$1.0B$1.4B
Jun 2023$1.9B$1.8B$1.6B$963M$1.3B
Sep 2023$2.0B$1.9B$2.0B$976M$1.4B
Dec 2023$1.9B$2.0B$1.9B$978M$1.4B
Mar 2024$2.0B$1.9B$1.8B$913M$1.3B
Jun 2024$2.1B$2.3B$1.8B$930M$1.3B
Sep 2024$2.1B$2.2B$1.9B$1.0B$1.3B
Dec 2024$1.9B$2.1B$1.9B$1.7B$1.3B
Mar 2025$2.0B$2.0B$1.8B$1.4B$1.4B
Jun 2025$2.1B$2.0B$1.9B$1.4B$1.4B
Sep 2025$2.1B$2.0B$1.9B$1.4B$1.5B
Dec 2025$2.0B$1.9B$1.9B$1.5B$1.4B
Mar 2026$2.1B$1.9B$1.9B$1.4B$1.4B
Jun 2026$2.4B$2.3B$2.1B$1.8B$1.6B
Sep 2026$2.4B$2.2B$2.2B$1.9B$1.6B
Dec 2026—————

Revenue growth, by reported quarter

  • XPO, Inc. 12%
  • TFI International Inc. 13%
  • Knight-Swift Transportation Holdings Inc. 14%
  • RXO, Inc. 32%
  • Schneider National, Inc. 9.2%
Revenue growth, by reported quarter
QuarterXPO, Inc.TFI International Inc.Knight-Swift Transportation Holdings Inc.RXO, Inc.Schneider National, Inc.
Mar 2022—————
Jun 2022−36%32%49%12%28%
Sep 2022−40%7.1%16%−5.0%16%
Dec 2022—−8.6%−4.0%−16%−0.8%
Mar 20230.7%−16%−10%−23%−12%
Jun 2023−6.4%−26%−21%−21%−23%
Sep 20231.8%−15%6.5%−14%−19%
Dec 20236.0%0.6%11%−13%−12%
Mar 20245.8%1.1%11%−9.6%−7.7%
Jun 20248.5%26%19%−3.4%−2.2%
Sep 20243.7%14%−7.1%6.6%−2.7%
Dec 2024−0.9%5.5%−3.5%70%−2.4%
Mar 2025−3.2%5.0%0.1%57%6.3%
Jun 20250.1%−10%0.8%53%7.9%
Sep 20252.8%−9.9%2.7%37%10%
Dec 20254.6%−7.9%−0.4%−12%4.6%
Mar 20267.3%−0.8%1.4%−0.6%−0.2%
Jun 202613%12%13%25%10%
Sep 202612%13%14%32%9.2%
Dec 2026—————

13 of 14 companies report revenue, 13 of 14 revenue growth. On every company-comparison chart on this page the five leaders are drawn, level and change on separate charts, and a missing report breaks the line rather than being invented.

Revenue · largest

Revenue growth · fastest growers

All-company data · latest reported quarter

In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

Revenue, every company
CompanyRevenueRevenue growthReported
XPO, Inc. XPO$2.4B12%Sep 2026
TFI International Inc. TFII$2.2B13%Sep 2026
Knight-Swift Transportation Holdings Inc. KNX$2.2B14%Sep 2026
RXO, Inc. RXO$1.9B32%Sep 2026
Old Dominion Freight Line, Inc. ODFL$1.6B13%Sep 2026
Schneider National, Inc. SNDR$1.6B9.2%Sep 2026
ArcBest Corporation ARCB$1.2B16%Sep 2026
Saia, Inc. SAIA$982M17%Sep 2026
Werner Enterprises, Inc. WERN$951M23%Sep 2026
Universal Logistics Holdings, Inc. ULH$394M2.3%Dec 2026
Covenant Logistics Group, Inc. CVLG$354M19%Sep 2026
Marten Transport, Ltd. MRTN$223M1.4%Sep 2026
Heartland Express, Inc. HTLD$180M−8.6%Sep 2026
PAMT CORP PAMT$163M8.7%Sep 2026

Revenue shows both size and speed. A large company can absorb shocks and pay for wide distribution; faster growth can mean market-share gains, new capacity or stronger demand. The best sign is usually growth that lasts without hurting margins and returns.

What to watch

Watch the next two reported quarters for growth persistence, margin conversion and whether the leader is gaining share without stretching working capital.

Which Trucking companies keep the most from each $100 of sales?

Old Dominion Freight Line, Inc. has the highest OPM among the 14 Trucking companies compared here, at 28.5%. XPO, Inc. is next at 12.6%. Heartland Express, Inc. has the highest Margin change at +4 percentage points, so level and change sit with different companies. 14 of 14 companies report a comparable reading, the latest through Sep 2026.

What the numbers say: Old Dominion Freight Line, Inc. leads opm at 28.5%; Heartland Express, Inc. leads margin change at +4 percentage points.

Old Dominion Freight Line, Inc. · 28.5%Leader
126.2% versus #2 · XPO, Inc.Gap
2/8 recent comparable periodsPersistence
14/14 companies · 263 observationsCoverage

What this means: Old Dominion Freight Line, Inc. sets the level to compare against; the company improving fastest needs another report to confirm the change.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.

Operating margin · company comparison

OPM, by reported quarter

  • Old Dominion Freight Line, Inc. 29%
  • XPO, Inc. 13%
  • Saia, Inc. 12%
  • TFI International Inc. 8.7%
  • Universal Logistics Holdings, Inc. 7.6%
OPM, by reported quarter
QuarterOld Dominion Freight Line, Inc.XPO, Inc.Saia, Inc.TFI International Inc.Universal Logistics Holdings, Inc.
Mar 202227%4.0%16%9.1%—
Jun 202231%8.7%20%13%11%
Sep 202231%7.6%18%10%14%
Dec 202229%8.1%14%10%14%
Mar 202327%5.3%15%8.2%—
Jun 202328%6.9%17%11%8.7%
Sep 202329%8.3%17%9.8%8.8%
Dec 202328%8.5%15%10%8.7%
Mar 202427%7.9%16%7.9%15%
Jun 202428%10%17%9.1%13%
Sep 202427%9.4%15%9.1%11%
Dec 202424%8.5%13%9.1%8.8%
Mar 202525%7.8%8.9%5.3%4.1%
Jun 202526%10%12%8.2%5.0%
Sep 202526%9.8%14%7.6%1.8%
Dec 202523%8.4%6.5%7.0%4.5%
Mar 202624%8.8%8.3%4.4%—
Jun 202629%12%13%9.3%1.3%
Sep 202629%13%12%8.7%1.0%
Dec 2026————7.6%

Margin change, by reported quarter

  • Old Dominion Freight Line, Inc. +2.8 pp
  • XPO, Inc. +2.8 pp
  • Saia, Inc. −1.7 pp
  • TFI International Inc. +1.1 pp
  • Universal Logistics Holdings, Inc. +3.1 pp
Margin change, by reported quarter
QuarterOld Dominion Freight Line, Inc.XPO, Inc.Saia, Inc.TFI International Inc.Universal Logistics Holdings, Inc.
Mar 2022—————
Jun 2022+2.8 pp+2.7 pp+5.1 pp−13.0 pp—
Sep 2022+3.5 pp+2.4 pp+1.0 pp+1.7 pp+6.7 pp
Dec 2022+2.4 pp—−1.7 pp+0.7 pp+10.0 pp
Mar 2023−0.5 pp+1.3 pp−0.6 pp−0.9 pp—
Jun 2023−2.8 pp−1.8 pp−2.3 pp−2.1 pp−2.3 pp
Sep 2023−1.5 pp+0.7 pp−1.0 pp−0.5 pp−5.3 pp
Dec 2023−0.6 pp+0.4 pp+1.0 pp+0.2 pp−5.1 pp
Mar 2024−0.1 pp+2.6 pp+0.6 pp−0.3 pp—
Jun 2024+0.4 pp+3.2 pp−0.6 pp−1.4 pp+3.9 pp
Sep 2024−2.1 pp+1.1 pp−1.7 pp−0.7 pp+2.1 pp
Dec 2024−4.1 pp0.0 pp−1.7 pp−1.2 pp+0.1 pp
Mar 2025−1.9 pp−0.1 pp−6.7 pp−2.6 pp−11.2 pp
Jun 2025−2.6 pp−0.1 pp−4.5 pp−0.9 pp−7.6 pp
Sep 2025−1.6 pp+0.4 pp−0.8 pp−1.5 pp−9.1 pp
Dec 2025−0.8 pp−0.1 pp−6.9 pp−2.1 pp−4.3 pp
Mar 2026−0.8 pp+1.0 pp−0.6 pp−0.9 pp—
Jun 2026+3.3 pp+2.3 pp+0.9 pp+1.1 pp−3.7 pp
Sep 2026+2.8 pp+2.8 pp−1.7 pp+1.1 pp−0.8 pp
Dec 2026————+3.1 pp

14 of 14 companies report OPM, 14 of 14 margin change.

OPM · highest

Margin change · fastest expanders

All-company data · latest reported quarter

Operating margin, every company
CompanyOPMMargin changeReported
Old Dominion Freight Line, Inc. ODFL29%+2.8 ppSep 2026
XPO, Inc. XPO13%+2.8 ppSep 2026
Saia, Inc. SAIA12%−1.7 ppSep 2026
TFI International Inc. TFII8.7%+1.1 ppSep 2026
Universal Logistics Holdings, Inc. ULH7.6%+3.1 ppDec 2026
Knight-Swift Transportation Holdings Inc. KNX7.1%+3.7 ppSep 2026
ArcBest Corporation ARCB6.4%+2.7 ppSep 2026
Schneider National, Inc. SNDR3.9%+1.5 ppSep 2026
Covenant Logistics Group, Inc. CVLG3.3%+0.6 ppSep 2026
RXO, Inc. RXO1.3%+1.2 ppSep 2026
Werner Enterprises, Inc. WERN1.1%+1.5 ppSep 2026
Marten Transport, Ltd. MRTN0.0%−0.4 ppSep 2026
Heartland Express, Inc. HTLD−3.1%+4.0 ppSep 2026
PAMT CORP PAMT−3.3%+3.2 ppSep 2026

What to watch

Watch whether the next two comparable periods confirm the current margin change rather than reversing it.

Which Trucking companies earn the most profit?

Old Dominion Freight Line, Inc. has the highest Net profit among the 14 Trucking companies compared here, at $1,162 million. XPO, Inc. is next at $503 million. XPO, Inc. has the highest Profit growth at 51.5%, so level and change sit with different companies. 13 of 14 companies report a comparable reading, the latest through Sep 2026.

What the numbers say: Old Dominion Freight Line, Inc. earns the most, $1,162 million of profit over the last 12 months, 131% above XPO, Inc. A fast rate from a small base matters less than a large profit that keeps coming.

Old Dominion Freight Line, Inc. · $1,162 millionLeader
131% versus #2 · XPO, Inc.Gap
2/8 recent comparable periodsPersistence
13/14 companies · 263 observationsCoverage

What this means: Old Dominion Freight Line, Inc. sets the level to compare against; the company improving fastest needs another report to confirm the change.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.

Net profit · company comparison

Net profit, by reported quarter

  • Old Dominion Freight Line, Inc. $344M
  • XPO, Inc. $181M
  • TFI International Inc. $106M
  • Saia, Inc. $91M
  • Knight-Swift Transportation Holdings Inc. $118M
Net profit, by reported quarter
QuarterOld Dominion Freight Line, Inc.XPO, Inc.TFI International Inc.Saia, Inc.Knight-Swift Transportation Holdings Inc.
Mar 2022$300M$488M$148M$79M$208M
Jun 2022$376M$141M$277M$109M$219M
Sep 2022$377M$131M$245M$98M$195M
Dec 2022$324M−$94M$153M$71M$149M
Mar 2023$285M$14M$112M$76M$104M
Jun 2023$292M$33M$128M$91M$63M
Sep 2023$339M$84M$133M$98M$60M
Dec 2023$323M$58M$131M$89M−$11M
Mar 2024$292M$67M$93M$91M−$3M
Jun 2024$322M$150M$116M$103M$20M
Sep 2024$309M$95M$126M$93M$30M
Dec 2024$263M$75M$88M$76M$69M
Mar 2025$255M$69M$56M$50M$31M
Jun 2025$269M$106M$98M$71M$34M
Sep 2025$271M$82M$85M$86M$8M
Dec 2025$229M$59M$72M$48M−$7M
Mar 2026$238M$101M$43M$50M−$1M
Jun 2026$351M$162M$136M$94M$43M
Sep 2026$344M$181M$106M$91M$118M
Dec 2026—————

Profit growth, by reported quarter

  • Old Dominion Freight Line, Inc. 27%
  • XPO, Inc. 121%
  • TFI International Inc. 25%
  • Saia, Inc. 5.8%
  • Knight-Swift Transportation Holdings Inc. 1,375%
Profit growth, by reported quarter
QuarterOld Dominion Freight Line, Inc.XPO, Inc.TFI International Inc.Saia, Inc.Knight-Swift Transportation Holdings Inc.
Mar 2022—————
Jun 202239%25%−33%76%43%
Sep 202231%—86%23%−5.3%
Dec 202216%−177%6.3%−4.1%−42%
Mar 2023−5.0%−97%−24%−3.8%−50%
Jun 2023−22%−77%−54%−17%−71%
Sep 2023−10%−36%−46%0.0%−69%
Dec 2023−0.3%—−14%25%−107%
Mar 20242.5%379%−17%20%−103%
Jun 202410%355%−9.4%13%−68%
Sep 2024−8.9%13%−5.3%−5.1%−50%
Dec 2024−19%29%−33%−15%—
Mar 2025−13%3.0%−40%−45%—
Jun 2025−16%−29%−16%−31%70%
Sep 2025−12%−14%−33%−7.5%−73%
Dec 2025−13%−21%−18%−37%−110%
Mar 2026−6.7%46%−23%0.0%−103%
Jun 202630%53%39%32%26%
Sep 202627%121%25%5.8%1,375%
Dec 2026—————

13 of 14 companies report net profit, 9 of 14 profit growth. The profit growth chart is drawn inside its usual range; a quarter far outside it (often a first quarter after listing or a near-zero base) is marked with an arrow at the edge, with its exact value in the hover card and the table.

Net profit · largest

Profit growth · fastest growers

All-company data · latest reported quarter

Net profit, every company
CompanyNet profitProfit growthReported
Old Dominion Freight Line, Inc. ODFL$344M27%Sep 2026
XPO, Inc. XPO$181M121%Sep 2026
Knight-Swift Transportation Holdings Inc. KNX$118M1,375%Sep 2026
TFI International Inc. TFII$106M25%Sep 2026
Saia, Inc. SAIA$91M5.8%Sep 2026
ArcBest Corporation ARCB$52M33%Sep 2026
Schneider National, Inc. SNDR$50M163%Sep 2026
Universal Logistics Holdings, Inc. ULH$18M−150%Dec 2026
Covenant Logistics Group, Inc. CVLG$11M22%Sep 2026
Werner Enterprises, Inc. WERN$7M−86%Sep 2026
RXO, Inc. RXO$3M−1,350%Sep 2026
Marten Transport, Ltd. MRTN$3M50%Sep 2026
Heartland Express, Inc. HTLD$1M−140%Sep 2026
PAMT CORP PAMT−$8M−400%Sep 2026

What to watch

Watch whether the next two comparable periods confirm the current profit growth rather than reversing it.

Which Trucking companies earn the best return on capital?

Old Dominion Freight Line, Inc. has the highest ROCE among the 14 Trucking companies compared here, at 28.7%. XPO, Inc. is next at 14.4%. XPO, Inc. has the highest ROCE change at +3.2 percentage points, so level and change sit with different companies. 14 of 14 companies report a comparable reading, the latest through Sep 2026.

What the numbers say: Old Dominion Freight Line, Inc. leads ROCE at 28.7%, 14.3 percentage points above XPO, Inc. A high return reported once may be one good year; a high return reported year after year shows a lasting business.

Old Dominion Freight Line, Inc. · 28.7%Leader
99.3% versus #2 · XPO, Inc.Gap
1/8 recent comparable periodsPersistence
14/14 companies · 262 observationsCoverage

What this means: Old Dominion Freight Line, Inc. sets the level to compare against; the company improving fastest needs another report to confirm the change.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.

Return on capital · company comparison

ROCE, by reported quarter

  • Old Dominion Freight Line, Inc. 29%
  • XPO, Inc. 14%
  • Saia, Inc. 11%
  • TFI International Inc. 10%
  • ArcBest Corporation 8.8%
ROCE, by reported quarter
QuarterOld Dominion Freight Line, Inc.XPO, Inc.Saia, Inc.TFI International Inc.ArcBest Corporation
Mar 202237%6.1%24%16%23%
Jun 202240%5.6%26%18%26%
Sep 202243%5.2%26%21%25%
Dec 202243%12%25%21%23%
Mar 202341%12%24%19%20%
Jun 202338%11%21%17%14%
Sep 202335%11%20%14%11%
Dec 202333%9.5%20%14%11%
Mar 202432%10%20%13%11%
Jun 202435%11%19%12%12%
Sep 202434%11%18%12%11%
Dec 202431%12%17%12%8.8%
Mar 202530%11%14%12%7.4%
Jun 202528%11%13%11%6.3%
Sep 202528%11%12%10%6.1%
Dec 202527%11%11%8.8%4.7%
Mar 202627%12%10%8.6%4.6%
Jun 202628%13%11%9.4%6.4%
Sep 202629%14%11%10%8.8%
Dec 2026—————

ROCE change, by reported quarter

  • Old Dominion Freight Line, Inc. +0.7 pp
  • XPO, Inc. +3.2 pp
  • Saia, Inc. −1.7 pp
  • TFI International Inc. +0.1 pp
  • ArcBest Corporation +2.7 pp
ROCE change, by reported quarter
QuarterOld Dominion Freight Line, Inc.XPO, Inc.Saia, Inc.TFI International Inc.ArcBest Corporation
Mar 2022—————
Jun 2022—————
Sep 2022—————
Dec 2022—————
Mar 2023+4.5 pp+5.9 pp−0.6 pp+3.5 pp−3.3 pp
Jun 2023−2.1 pp+5.4 pp−5.0 pp−1.3 pp−12.6 pp
Sep 2023−7.9 pp+5.9 pp−6.2 pp−7.0 pp−14.5 pp
Dec 2023−9.7 pp−2.0 pp−4.4 pp−6.6 pp−12.3 pp
Mar 2024−9.2 pp−1.7 pp−3.8 pp−6.5 pp−9.0 pp
Jun 2024−3.1 pp+0.3 pp−2.4 pp−4.4 pp−1.9 pp
Sep 2024−1.3 pp+0.3 pp−2.1 pp−2.1 pp0.0 pp
Dec 2024−1.8 pp+2.0 pp−3.6 pp−2.0 pp−2.1 pp
Mar 2025−1.9 pp+1.1 pp−5.4 pp−1.2 pp−3.4 pp
Jun 2025−6.5 pp−0.3 pp−6.2 pp−1.5 pp−5.5 pp
Sep 2025−5.5 pp−0.2 pp−5.8 pp−2.1 pp−4.8 pp
Dec 2025−3.9 pp−0.4 pp−6.2 pp−3.2 pp−4.1 pp
Mar 2026−3.8 pp+0.4 pp−4.0 pp−2.9 pp−2.8 pp
Jun 2026−0.9 pp+2.0 pp−1.9 pp−1.3 pp+0.1 pp
Sep 2026+0.7 pp+3.2 pp−1.7 pp+0.1 pp+2.7 pp
Dec 2026—————

14 of 14 companies report ROCE, 14 of 14 ROCE change.

ROCE · highest

ROCE change · fastest improvers

All-company data · latest reported quarter

Return on capital, every company
CompanyROCEROCE changeReported
Old Dominion Freight Line, Inc. ODFL29%+0.7 ppSep 2026
XPO, Inc. XPO14%+3.2 ppSep 2026
Saia, Inc. SAIA11%−1.7 ppSep 2026
TFI International Inc. TFII10%+0.1 ppSep 2026
ArcBest Corporation ARCB8.8%+2.7 ppSep 2026
Schneider National, Inc. SNDR4.7%+0.7 ppSep 2026
Universal Logistics Holdings, Inc. ULH3.8%−0.3 ppDec 2026
Knight-Swift Transportation Holdings Inc. KNX3.2%+0.9 ppSep 2026
Covenant Logistics Group, Inc. CVLG2.3%−4.2 ppSep 2026
Werner Enterprises, Inc. WERN2.0%+0.1 ppSep 2026
Marten Transport, Ltd. MRTN0.8%−1.1 ppSep 2026
RXO, Inc. RXO0.4%−0.1 ppSep 2026
Heartland Express, Inc. HTLD−4.4%+0.1 ppSep 2026
PAMT CORP PAMT−14%−2.8 ppSep 2026

What to watch

Watch whether the next two comparable periods confirm the current roce change rather than reversing it.

How are Trucking stocks valued against growth and quality?

Covenant Logistics Group, Inc. has the lowest PEG among the 14 Trucking companies compared here, at 0.21×. ArcBest Corporation is next at 0.41×. PAMT CORP has the lowest P/E at −164.5×, so level and change sit with different companies. 8 of 14 companies report a comparable reading, the latest through Sep 2026.

What the numbers say: Covenant Logistics Group, Inc. has the lowest comparable PEG at 0.21×, 48.8% below ArcBest Corporation. That would need today's multiple, the company's own history and steady growth to agree.

Covenant Logistics Group, Inc. · 0.21×Leader
48.8% versus #2 · ArcBest CorporationGap
0/8 recent comparable periodsPersistence
8/14 companies · 21 observationsCoverage

What this means: A low valuation is a reason to look closer at the business, not a conclusion on its own.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is worked out the same way every time, as the P/E on the last 12 months of reported earnings divided by that growth rate, never on expected earnings. On Indian companies it is shown only where the two data feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing.

Valuation · company comparison

PEG, by reported quarter

  • Covenant Logistics Group, Inc. 0.2
  • ArcBest Corporation 0.4
  • XPO, Inc. 0.8
  • Marten Transport, 1.2
  • Schneider National, Inc. 1.6
PEG, by reported quarter
QuarterCovenant Logistics Group, Inc.ArcBest CorporationXPO, Inc.Marten Transport,Schneider National, Inc.
Mar 2022—————
Jun 2022—————
Sep 2022—————
Dec 2022—————
Mar 2023—0.4—1.2—
Jun 20230.2————
Sep 2023—————
Dec 2023—————
Mar 2024——2.5——
Jun 2024—————
Sep 2024—1.4———
Dec 2024—————
Mar 2025—0.2———
Jun 2025—0.4——5.6
Sep 2025—————
Dec 2025—————
Mar 2026—————
Jun 2026——3.7——
Sep 2026——0.8—1.6
Dec 2026—————

P/E, by reported quarter

  • Covenant Logistics Group, Inc. 151.8×
  • ArcBest Corporation 99.3×
  • XPO, Inc. 41.0×
  • Marten Transport, 79.2×
  • Schneider National, Inc. 39.4×
P/E, by reported quarter
QuarterCovenant Logistics Group, Inc.ArcBest CorporationXPO, Inc.Marten Transport,Schneider National, Inc.
Mar 20225.1×7.6×11.8×15.6×10.2×
Jun 20224.8×5.7×8.0×13.1×8.5×
Sep 20223.6×5.5×5.8×14.2×7.5×
Dec 20224.3×5.7×—14.5×9.1×
Mar 20234.6×7.5×19.2×16.1×10.3×
Jun 20236.2×10.0×81.4×18.3×12.5×
Sep 202310.5×13.3×234.0×19.2×15.3×
Dec 202310.8×14.6×53.8×24.2×18.8×
Mar 202414.2×—58.6×26.1×25.1×
Jun 202415.2×19.6×34.4×34.5×36.3×
Sep 202416.6×13.2×33.8×42.8×44.7×
Dec 202420.0×12.6×39.5×47.2×43.8×
Mar 202515.3×9.1×32.4×51.7×32.2×
Jun 202517.7×11.2×43.1×50.6×33.8×
Sep 202516.8×16.3×45.9×44.8×32.5×
Dec 2025——50.5×53.2×44.9×
Mar 2026133.6×—65.5×73.9×47.2×
Jun 2026293.3×—59.7×112.0×57.3×
Sep 2026151.8×99.3×41.0×79.2×39.4×
Dec 2026—————

8 of 14 companies report PEG, 14 of 14 P/E.

PEG · lowest PEG

P/E · lowest P/E

  1. 1PAMT CORPPAMT−164.5×
  2. 2Werner Enterprises, Inc.WERN−106.7×
  3. 3Heartland Express, Inc.HTLD−70.6×
  4. 4RXO, Inc.RXO−38.3×
  5. 5TFI International Inc.TFII27.7×

All-company data · latest reported quarter

Valuation, every company
CompanyPEGP/EReported
Knight-Swift Transportation Holdings Inc. KNX11.967.5×Sep 2026
Saia, Inc. SAIA2.831.4×Sep 2026
Old Dominion Freight Line, Inc. ODFL2.631.0×Sep 2026
TFI International Inc. TFII2.427.7×Sep 2026
Schneider National, Inc. SNDR1.639.4×Sep 2026
Marten Transport, Ltd. MRTN1.279.2×Sep 2026
XPO, Inc. XPO0.841.0×Sep 2026
ArcBest Corporation ARCB0.499.3×Sep 2026
Covenant Logistics Group, Inc. CVLG0.2151.8×Sep 2026
Heartland Express, Inc. HTLD0.2−70.6×Sep 2026
RXO, Inc. RXO—−38.3×Sep 2026
Werner Enterprises, Inc. WERN—−106.7×Sep 2026
Universal Logistics Holdings, Inc. ULH—351.2×Dec 2026
PAMT CORP PAMT—−164.5×Sep 2026

What to watch

Watch whether the next two comparable periods confirm the current p/e rather than reversing it.

What can make this comparison misleading?

This Trucking comparison names 4 specific ways its own evidence can mislead, all listed below. All 14 companies here report on comparable dates, so no rank carries a stale marker. A high growth rate can still come from a very small starting figure.

Keep these limits visible

  • A high growth rate can come from a very small starting figure. The page keeps level and change separate for that reason.
  • A high ROCE can be temporary, or look high because the capital base is small. It is best read beside margin, cash flow and how much is spent back on the business.
  • The 4-Factor Sector Score ranks published data only. Management quality, upcoming events and risks are not part of it.
  • An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.

How was this comparison built?

This comparison is built from the reported filings of 14 Trucking companies, normalized to a common $ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Dec 2026 and market data through 6 November 2026.

FundamentalsThrough Dec 2026 · up to 20 quarters per company
Market dataThrough 6 November 2026 · weekly price and relative-strength history
Derived metricsGrowth, changes and PEG are calculated only when their inputs are comparable.
Score confidenceMissing and old evidence lowers confidence and pulls the 0 to 100 score toward the middle.

What else do people ask about Trucking stocks?

These 22 answers restate the Trucking comparison above in question form. Every one is computed from the same 14 companies and the same reported filings as the rankings and charts, current through Dec 2026. Price and relative-strength answers run through 6 November 2026. Nothing here is estimated, and none of it is a recommendation.

Is the Trucking sector outperforming S&P 500?

Trucking has done better than the S&P 500 by 32.7% over 52 weeks, but is 5.5% behind over the last 13 weeks.

4 of 14 companies we track are beating the S&P 500 on relative strength (how a share price has done against the index over recent months), and 4 of 14 are ahead of the industry itself.

Which Trucking company is largest by revenue?

XPO, Inc. leads with revenue of $8,835 million, based on 13 of 14 comparable companies through Sep 2026.

Which Trucking company is growing fastest?

Werner Enterprises, Inc. has the fastest current revenue growth at 14.7%, across 13 of 14 comparable companies.

Which Trucking company has the strongest 4-Factor Sector Score?

XPO, Inc. ranks first at 66.5 out of 100, with 81.1% of the evidence available. The score ranks published data; it is not a recommendation.

Which Trucking company has the lowest comparable PEG?

Covenant Logistics Group, Inc. has the lowest comparable PEG at 0.21, among 8 of 14 companies whose earnings and growth are steady enough for the ratio to mean anything.

How much history does this Trucking comparison include?

The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Dec 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four parts add up directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or old evidence moves only that part toward the middle.

Which Trucking company is the biggest?

XPO, Inc. is the largest, with revenue of $8,835 million over the last 12 months, ahead of TFI International Inc. at $8,385 million. That covers 13 of 14 companies with comparable reporting through Sep 2026.

Which Trucking company has the best profit margins?

Old Dominion Freight Line, Inc. has the highest operating margin at 28.5%, from 14 of 14 comparable companies. Heartland Express, Inc. shows the biggest recent improvement, at +4 percentage points. A high margin matters most when it is steady or rising, not when it is at a peak.

Which Trucking company makes the most profit?

Old Dominion Freight Line, Inc. earns the most, at $1,162 million of net profit over the last 12 months, from 13 of 14 comparable companies. XPO, Inc. has the fastest profit growth at 51.5%, though growth off a small or recovering profit base overstates how much has actually changed.

Which Trucking company earns the highest return on capital?

Old Dominion Freight Line, Inc. leads on return on capital employed at 28.7%, across 14 of 14 companies. A high return that repeats for years shows a lasting business, while a single high reading can come from a small capital base or one good year.

Which Trucking stock has the lowest PEG ratio?

On PEG (where a lower number means a lower price for what the company earns), Covenant Logistics Group, Inc. has the lowest at 0.21×.

Only 8 of 14 companies have earnings and growth steady enough for the ratio to mean anything, so this is not a ranking of the whole industry. A low multiple is a reason to look closer at the business, not a conclusion on its own.

Is the Trucking sector beating the market?

Trucking has done better than the S&P 500 by 32.7% over the last 52 weeks, but is 5.5% behind over the last 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 4 of the 14 companies we track are beating the market on their own.

Sector strength does not transfer evenly to every stock in it.

Which Trucking stock has the strongest price momentum?

Universal Logistics Holdings, Inc. has the strongest relative strength against the S&P 500, meaning its share price has done best against the index. A price can move well before the business results back it up, and sometimes without them.

Which Trucking company has the highest 4-Factor score?

XPO, Inc. scores 66.5 out of 100, with 81.1% of the evidence available, from 27.6 points on growth and earnings, 17.2 on capital efficiency, 13.3 on valuation and 8.4 on relative strength. It ranks published data only; management quality, upcoming events and risks are not part of the score.

How many Trucking companies does this comparison cover, and over what period?

This comparison covers 14 listed companies over up to 20 reported quarters of fundamentals, ending Dec 2026, plus weekly price and relative-strength history. Membership is the full sector list, nothing is dropped for having thin data.

What is the total market cap of the Trucking sector?

The 14 Trucking companies on this page carry $98,136 million of combined market value. Old Dominion Freight Line, Inc. is the largest at $33,992 million, about 35% of the sector's total on its own. Market value moves with price, so this reading is dated 6 November 2026.

What is the Trucking sector's P/E ratio?

The median price-to-earnings ratio across the 14 Trucking companies on this page is 67.5×, measured on the 10 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past.

Figures are as of 6 November 2026.

How is the Trucking sector performing?

4 of the 14 Trucking companies we track are doing better than the S&P 500 on relative strength (how a share price has done against the index over recent months). The sector itself is 32.7% ahead of S&P 500 over 52 weeks on an equal-weight index of its current members.

Readings are as of 6 November 2026.

How many Trucking stocks are listed in the US?

This comparison covers 14 listed Trucking companies in the US, each above the size floor the site applies. The full ranked list is on this page, with reported fundamentals through Dec 2026. Membership is the full industry list, nothing is dropped for having thin data.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing figures are never estimated, copied forward or swapped for a similar-looking line, and a company with missing evidence has its score pulled toward the middle rather than scored as bad.

Is this advice?

No, every figure here is worked out by code from company filings and market data, for research. It does not account for your situation and is not a substitute for advice from a registered adviser.

More lists

Every Sector Alpha list, grouped

Every US industry against its index · What changed this week · Plain-text data
Sector Alpha, written by code from the published numbers · Fundamentals through Dec 2026 · Prices through 6 November 2026. Every ranking is worked out by code from reported figures. Missing values stay missing.

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