With the price of oil dropping, investors are looking at the sectors and industries with high fuel exposure that may benefit from the reduction in oil prices. One of those industries is the trucking industry. Here are a selection of the trucking stocks with market caps of more than $500 million.
Arkansas Best (ABFS) is a provider of less-than-truckload motor carrier transportation services. The stock has a P/E of 14 and a PEG of 1.53. The stock also pays a yield of 1.9%.
Con-way (CNW) is in the business of logistics, transportation and supply chain management. The stock has a P/E of 16 and a PEG of 1.23. The stock also pays a yield of 0.9%.
Forward Air (FWRD) is a provider is surface transportation and related logistics services. The stock has a P/E of 21 and a PEG of 1.65. The stock also pays a yield of 0.8%.
Heartland Express (HTLD) is a short- and medium-haul truckload carrier. The stock has a P/E of 24 and a PEG of 2.30. The stock also pays a yield of 0.5%.
J.B. Hunt Transport Services (JBHT) is a provider of surface transportation. The stock has a P/E of 25 and a PEG of 2.20. The stock also pays a yield of 1.1%.
Knight Transportation (KNX) provides dry-van-truckload and temperature-controlled-truckload carrier services. The stock has a P/E of 30 and a PEG of 2.19. The stock also pays a yield of 0.9%.
Landstar System (LSTR) provides transportation and logistics services. The stock has a P/E of 24 and a PEG of 1.52. The stock also pay a yield of 0.3%.
Old Dominion Freight Line (ODFL) is a a less-than-truckload multi-regional motor carrier. The stock has a P/E of 17 and a PEG of 1.21.
Universal Truckload Services (UACL) is a truckload motor carrier in the U.S. and Canada. The stock has a P/E of 25 and a PEG of 2.18.
Werner Enterprises (WERN) is in the business of transportation and logistics. The stock has a P/E of 25 and a PEG of 2.37. The stock also pay a yield of 0.9%.
Author does not own any of the above.
Posted on Sept. 18, 2008
