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U.S. Cargo Ground Transportation Industry Analysis

UpdatedJan 12, 2026
DataAggregated Company Financials
Companies33
  • 7D4.1%
  • 3M18.8%
  • 1Y-2.4%
  • YTDn/a

In the last week, the Cargo Ground Transportation industry is up 6.0%, with Old Dominion Freight Line up 8.8%. In the same time, Full Truck Alliance was down 6.9%. Overall in the last year, the industry is flat. As for the next few years, earnings are expected to grow by 20% per annum.

Industry Valuation and Performance

Has the U.S. Cargo Ground Transportation Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 12 Jan 2026US$141.4bUS$86.3bUS$3.8b34.4x37.6x1.6x
Wed, 10 Dec 2025US$130.3bUS$86.2bUS$3.7b31.6x34.8x1.5x
Fri, 07 Nov 2025US$124.0bUS$86.2bUS$3.7b27.7x33.7x1.4x
Sun, 05 Oct 2025US$122.5bUS$85.6bUS$3.7b25.3x32.7x1.4x
Tue, 02 Sep 2025US$126.6bUS$85.6bUS$3.7b27.1x33.8x1.5x
Thu, 31 Jul 2025US$129.7bUS$84.8bUS$3.8b27x33.7x1.5x
Sat, 28 Jun 2025US$125.9bUS$85.0bUS$3.9b25.7x32.4x1.5x
Mon, 26 May 2025US$122.5bUS$84.9bUS$4.0b26.8x30.6x1.4x
Wed, 23 Apr 2025US$115.1bUS$84.5bUS$4.0b25.3x28.6x1.4x
Fri, 21 Mar 2025US$130.7bUS$84.5bUS$4.0b27.9x32.3x1.5x
Sun, 16 Feb 2025US$156.6bUS$84.4bUS$4.1b32.5x38.7x1.9x
Tue, 14 Jan 2025US$145.0bUS$83.9bUS$4.2b31x34.9x1.7x
Thu, 12 Dec 2024US$163.1bUS$84.0bUS$4.2b32.2x39.1x1.9x
Sat, 09 Nov 2024US$164.9bUS$83.7bUS$4.0b35.5x40.8x2x
Mon, 07 Oct 2024US$145.4bUS$83.9bUS$4.5b28.6x32.6x1.7x
Wed, 04 Sep 2024US$143.7bUS$83.9bUS$4.5b29.2x32.2x1.7x
Fri, 02 Aug 2024US$149.6bUS$83.7bUS$4.4b28.5x33.9x1.8x
Sun, 30 Jun 2024US$137.6bUS$83.3bUS$4.4b26.4x31.3x1.7x
Tue, 28 May 2024US$134.5bUS$83.4bUS$4.4b26.3x30.4x1.6x
Thu, 25 Apr 2024US$149.9bUS$83.3bUS$4.6b23.5x32.6x1.8x
Sat, 23 Mar 2024US$155.9bUS$85.2bUS$4.7b23.9x32.9x1.8x
Mon, 19 Feb 2024US$154.7bUS$85.2bUS$4.8b26.2x32.3x1.8x
Wed, 17 Jan 2024US$142.4bUS$88.9bUS$5.1b22.4x27.8x1.6x
Fri, 15 Dec 2023US$139.8bUS$89.0bUS$5.1b21.5x27.3x1.6x
Sun, 12 Nov 2023US$131.4bUS$88.9bUS$5.1b20.5x25.8x1.5x
Tue, 10 Oct 2023US$139.9bUS$91.0bUS$5.8b13.8x24x1.5x
Thu, 07 Sep 2023US$140.6bUS$91.0bUS$5.8b14.2x24.3x1.5x
Sat, 05 Aug 2023US$145.8bUS$91.3bUS$5.9b16.1x24.5x1.6x
Mon, 03 Jul 2023US$130.8bUS$94.4bUS$6.8b12.6x19.2x1.4x
Wed, 31 May 2023US$120.5bUS$94.4bUS$6.9b13.7x17.5x1.3x
Fri, 28 Apr 2023US$117.4bUS$94.9bUS$7.0b13.4x16.9x1.2x
Sun, 26 Mar 2023US$118.0bUS$95.8bUS$7.2b11.6x16.3x1.2x
Price to Earnings Ratio

16.3x


Total Market Cap: US$118.0bTotal Earnings: US$7.2bTotal Revenue: US$95.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Cargo Ground Transportation Industry Price to Earnings3Y Average 30.1x202420252026
Current Industry PE
  • Investors are optimistic on the American Cargo Ground Transportation industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 37.6x which is higher than its 3-year average PE of 30.1x.
  • The industry is trading close to its 3-year average PS ratio of 1.6x.
Past Earnings Growth
  • The earnings for companies in the Cargo Ground Transportation industry have declined 20% per year over the last three years,
  • Revenues have also declined 3.4% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does U.S. Cargo Ground Transportation compare with similar industries?

US Market1.24%
Industrials2.25%
Transportation1.52%
Cargo Ground Transportation4.08%
Trucking3.74%
Railroads-1.57%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ODFL Old Dominion Freight LineUS$173.135.7%
+US$2.0b		-4.2%PE34.2x
KNX Knight-Swift Transportation HoldingsUS$57.189.5%
+US$803.6m		9.2%PE65.3x
JBHT J.B. Hunt Transport ServicesUS$206.852.4%
+US$459.9m		15.4%PE34.4x
SAIA SaiaUS$366.964.0%
+US$370.7m		-20.7%PE34.4x
UHAL U-Haul HoldingUS$54.803.4%
+US$349.0m		-19.0%PE46.2x

Latest News

PAL
US$9.72
Proficient Auto Logistics
7D
-1.3%
1Y
-4.4%
KNX
US$57.18
Knight-Swift Transportation Holdings
7D
9.5%
1Y
9.2%

KNX: Tighter Truckload Capacity Into 2026 Will Support Upside Potential

Analysts have lifted their fair value estimate for Knight-Swift Transportation Holdings to $70.00 from $66.05, reflecting higher price targets across the Street as they factor in a potential truckload supply recovery, tighter capacity into 2026, and a willingness to apply a richer future P/E multiple, even while using more measured assumptions for revenue growth and profit margins. Analyst Commentary Bullish analysts are leaning into a tighter truckload capacity setup into 2026, and that is coming through in higher valuation markers for Knight-Swift.
SAIA
US$366.96
Saia
7D
4.0%
1Y
-20.7%

SAIA: Tighter LTL Capacity Into 2026 Will Support Margin Expansion

Narrative Update The analyst price target for Saia has moved from US$405 to US$431, as analysts cite a tighter capacity setup into 2026, improved margin expectations, and recent rating upgrades that offset more cautious views from some peers. Analyst Commentary Recent research on Saia shows a split tape, with some bullish analysts lifting price targets and ratings, while others turn more cautious on near term freight trends and sector valuations.
JBHT
US$206.85
J.B. Hunt Transport Services
7D
2.4%
1Y
15.4%
XPO
US$146.73
XPO
7D
1.1%
1Y
8.2%

XPO: AI Productivity And Margin Expansion Will Drive Next Freight Upcycle Outperformance

Analysts have modestly lifted their price targets on XPO, with a roughly $7 to $16 range of increases across recent reports. They highlight improving margins, better than expected tonnage trends, and potential for further productivity gains, even as some now see a more challenging path for trucking stocks overall.
ODFL
US$173.13
Old Dominion Freight Line
7D
5.7%
1Y
-4.2%
R
US$191.51
Ryder System
7D
2.3%
1Y
22.7%

R: Leadership Transition And Buybacks Will Support Measured Outlook Into 2027

Analysts have slightly increased their price target on Ryder System, raising their fair value estimate from about $208.90 to roughly $211.10. This change reflects updated assumptions around revenue growth, profit margins and future P/E levels.
RXO
US$14.75
RXO
7D
11.3%
1Y
-40.5%
YMM
US$10.47
Full Truck Alliance
7D
-9.1%
1Y
-1.8%

Full Truck Alliance (NYSE:YMM) Is Experiencing Growth In Returns On Capital

Jan 03
Full Truck Alliance (NYSE:YMM) Is Experiencing Growth In Returns On Capital
SLGB
US$1.18
Smart Logistics Global
7D
-5.6%
1Y
n/a
UHAL
US$54.80
U-Haul Holding
7D
3.4%
1Y
-19.0%