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U.S. Cargo Ground Transportation Industry Analysis

UpdatedApr 05, 2026
DataAggregated Company Financials
Companies33
  • 7D5.0%
  • 3M9.4%
  • 1Y29.2%
  • YTDn/a

In the last week, the Cargo Ground Transportation industry is up 5.0%, with Old Dominion Freight Line up 5.1%. Meanwhile, Smart Logistics Global actually underperformed within the industry, shrinking 20% in the last week. In the last 12 months, the industry was up 29%. 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
Sun, 05 Apr 2026US$150.2bUS$85.9bUS$3.3b38.8x44.9x1.7x
Tue, 03 Mar 2026US$159.5bUS$86.0bUS$3.3b41.8x47.9x1.9x
Thu, 29 Jan 2026US$140.2bUS$86.2bUS$3.7b34.2x37.9x1.6x
Sat, 27 Dec 2025US$134.1bUS$86.3bUS$3.8b31.5x35.7x1.6x
Mon, 24 Nov 2025US$116.7bUS$86.2bUS$3.7b27.7x31.2x1.4x
Wed, 22 Oct 2025US$126.5bUS$85.6bUS$3.8b28.2x33.6x1.5x
Fri, 19 Sep 2025US$123.4bUS$85.6bUS$3.8b26.2x32.9x1.4x
Sun, 17 Aug 2025US$123.2bUS$85.4bUS$3.7b27x33.6x1.4x
Tue, 15 Jul 2025US$133.8bUS$85.0bUS$3.9b26.9x34.5x1.6x
Thu, 12 Jun 2025US$128.8bUS$85.0bUS$3.9b26.7x33.2x1.5x
Sat, 10 May 2025US$122.5bUS$84.8bUS$3.9b26x31.2x1.4x
Mon, 07 Apr 2025US$117.5bUS$84.6bUS$4.0b27.2x29.1x1.4x
Wed, 05 Mar 2025US$137.3bUS$84.4bUS$4.0b29.1x33.9x1.6x
Fri, 31 Jan 2025US$151.7bUS$83.6bUS$4.2b31.3x36x1.8x
Sun, 29 Dec 2024US$148.2bUS$84.0bUS$4.2b30.7x35.6x1.8x
Tue, 26 Nov 2024US$167.3bUS$84.1bUS$3.9b36x42.6x2x
Thu, 24 Oct 2024US$147.8bUS$83.7bUS$4.4b31.1x33.7x1.8x
Sat, 21 Sep 2024US$151.1bUS$83.9bUS$4.5b29x33.8x1.8x
Mon, 19 Aug 2024US$145.8bUS$83.8bUS$4.4b28.7x32.9x1.7x
Wed, 17 Jul 2024US$145.5bUS$83.3bUS$4.4b26.8x33.1x1.7x
Fri, 14 Jun 2024US$135.7bUS$83.3bUS$4.4b25.5x30.9x1.6x
Sun, 12 May 2024US$140.9bUS$83.2bUS$4.4b27.5x32.1x1.7x
Tue, 09 Apr 2024US$157.7bUS$83.6bUS$4.8b25x33.1x1.9x
Thu, 07 Mar 2024US$154.9bUS$85.2bUS$4.7b24.8x32.9x1.8x
Sat, 03 Feb 2024US$149.9bUS$87.9bUS$4.8b25.1x31.6x1.7x
Mon, 01 Jan 2024US$147.7bUS$89.0bUS$5.1b22.4x28.8x1.7x
Wed, 29 Nov 2023US$138.0bUS$88.9bUS$5.1b21.2x26.9x1.6x
Fri, 27 Oct 2023US$127.0bUS$89.6bUS$5.4b12.9x23.6x1.4x
Sun, 24 Sep 2023US$136.4bUS$91.0bUS$5.8b13.8x23.7x1.5x
Tue, 22 Aug 2023US$137.6bUS$91.0bUS$5.7b15.1x24.1x1.5x
Thu, 20 Jul 2023US$140.7bUS$93.7bUS$6.8b13x20.8x1.5x
Sat, 17 Jun 2023US$123.5bUS$94.4bUS$6.8b12.6x18.1x1.3x
Mon, 15 May 2023US$118.7bUS$94.4bUS$6.8b13.8x17.5x1.3x
Wed, 12 Apr 2023US$123.0bUS$95.8bUS$7.2b12.3x17x1.3x
Price to Earnings Ratio

17x


Total Market Cap: US$123.0bTotal 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 31.3x202420252026
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 44.9x which is higher than its 3-year average PE of 31.2x.
  • 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 23% per year over the last three years,
  • Revenues have also declined 3.6% 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 Market3.46%
Industrials2.97%
Transportation3.58%
Cargo Ground Transportation5.05%
Trucking3.82%
Railroads2.68%
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$198.005.1%
+US$2.0b		30.2%PE40.3x
XPO XPOUS$200.526.1%
+US$1.3b		119.0%PE74.3x
JBHT J.B. Hunt Transport ServicesUS$214.914.5%
+US$881.7m		59.6%PE34x
SAIA SaiaUS$354.286.0%
+US$531.2m		9.9%PE37x
KNX Knight-Swift Transportation HoldingsUS$58.605.5%
+US$495.4m		50.3%PE144.3x

Latest News

SAIA
US$354.28
Saia
7D
6.0%
1Y
9.9%

SAIA: Freight Cycle Recovery And Tight Capacity Will Support Future Upside

Saia's analyst fair value estimate has moved higher from $354.95 to $395.40 as analysts incorporate stronger revenue growth assumptions, modestly different margin expectations, and higher target P/E multiples. These changes reflect a series of recent price target increases alongside a mix of upgrades and downgrades across the transport group.
KNX
US$58.60
Knight-Swift Transportation Holdings
7D
5.5%
1Y
50.3%
XPO
US$200.52
XPO
7D
6.1%
1Y
119.0%

XPO: Elevated P/E Levels Will Face Ongoing Freight Cycle Weakness

The updated analyst price target for XPO edges slightly lower by about $0.10 to $134.77 as analysts balance a modestly lower assumed future P/E multiple with slightly higher revenue growth and profit margin inputs. Analyst Commentary Recent research on XPO shows a mix of higher price targets from several firms and a growing pocket of caution as some Bearish analysts question how much upside is left after the stock's prior rally.
SNDR
US$27.03
Schneider National
7D
6.3%
1Y
24.8%
ODFL
US$198.00
Old Dominion Freight Line
7D
5.1%
1Y
30.2%
R
US$205.95
Ryder System
7D
4.3%
1Y
54.0%
JBHT
US$214.91
J.B. Hunt Transport Services
7D
4.5%
1Y
59.6%

JBHT: Freight Cycle Recovery And Capital Returns Will Test Current Expectations

J.B. Hunt's analyst price target edges higher to $211, as analysts factor in a modest tweak to the discount rate and reference a broad wave of target increases that link the stock to an ongoing freight cycle recovery in transportation equities. Analyst Commentary Recent research on J.B. Hunt shows a cluster of higher price targets alongside a mix of optimism on the freight recovery and caution about how much good news is already reflected in the shares.
ETS
US$0.66
Elite Express Holding
7D
-2.1%
1Y
n/a
UHAL
US$47.29
U-Haul Holding
7D
3.5%
1Y
-24.1%
ELOG
US$0.94
Eastern International
7D
-5.2%
1Y
n/a
SLGB
US$0.69
Smart Logistics Global
7D
-20.0%
1Y
n/a