U.S. Exchanges

List of Publicly Traded Trucking Companies Listed on Major U.S. Exchanges

A comprehensive directory of trucking stocks spanning LTL, truckload, and asset-light transportation companies, featuring 2026 market data, freight cycle trends, and analyst insights.

17 Companies Listed
$40B+ Top Market Cap
4 Market Cap Tiers
Apr 2026 Last Updated
This page is for informational and educational purposes only and does not constitute investment advice. Always consult a qualified financial professional before making investment decisions.

With approximately 20 publicly traded trucking companies there are definitely a few choices for investors to contemplate. Many of these trucking companies offer a wide range of services which can include container, dedicated, dry van, emergency, expedited, flat bed, heavy haul, intermodal, less-than-truckload and temperature controlled transportation services to name a few. These companies also often provide an array of logistical services including brokerage, supply chain management and warehousing services. The trucking sector in 2026 continues to navigate a shifting freight cycle, with LTL leaders like Old Dominion (ODFL) and Saia (SAIA) outperforming on superior margins and network density, while spot rates show early signs of stabilization after a prolonged capacity glut.

There are also several companies that specialize in specific areas of transportation. For example, Marten Transport (MRTN) focuses on time and temperature sensitive transportation services while Patriot Transportation Holding (PATI) transports liquid and dry bulk commodities. There are also companies that operate under an asset-light model that avoid the capital expenditures of company owned fleets through the use of owner-operators.

Key Takeaways

01 LTL Outperforms Truckload

Less-than-truckload (LTL) carriers like Old Dominion (ODFL) and Saia (SAIA) command premium valuations due to higher operating margins (15-20%) and dense terminal networks. Explore SAIA's profile for detailed financials and growth metrics.

02 Freight Cycle Stabilization

Spot rates have shown modest improvement (+5% Q1 2026) following a prolonged capacity glut. Bankruptcies among weaker carriers are reducing excess capacity, potentially benefiting well-capitalized incumbents with pricing power.

03 Asset-Light Models

Companies like Landstar System (LSTR) and Roadrunner Transportation operate asset-light models using owner-operators, reducing capital expenditures and providing flexibility through freight cycles, though with typically lower margins.

04 Essential Comparison Tools

Use the Trucking Industry Comparison Widget to analyze trends, earnings per share, P/E ratio, and beta across all companies on this list for informed decision-making.

Top Trucking Stocks by Market Cap (2026)

A comparative overview of leading publicly traded trucking companies ranked by market capitalization.

Rank Ticker Company Industry Market Cap YTD % P/E Ratio Div Yield
1ODFLOld Dominion Freight LineLTL$40.2B+3.15%35.20.4%
2JBHTJ.B. Hunt Transport ServicesIntermodal/Truckload$18.5B+2.80%28.70.9%
3SAIASaia Inc.LTL$10.7B+6.58%42.1N/A
4KNXKnight-Swift TransportationTruckload/LTL$10.2B+4.96%32.51.1%
5LSTRLandstar SystemAsset-Light$6.8B-1.20%24.81.8%
6WERNWerner EnterprisesTruckload/Logistics$2.8B-4.91%22.31.4%
7ARCBArcBest CorporationLTL/Logistics$2.4B+1.85%15.60.6%
8SNDRSchneider NationalTruckload/Intermodal$2.2B-0.75%18.91.2%
9MRTNMarten TransportTemperature-Controlled$1.5B+2.30%21.41.0%
10HTLDHeartland ExpressTruckload$1.1B-2.15%28.90.7%
Market data is approximate and for informational purposes only. Data reflects early Q2 2026 figures. P/E and YTD% are subject to change. Not a recommendation to buy or sell.

Publicly Traded Trucking Companies — Complete Company List

Additional publicly traded transportation companies and categories can be accessed through the link below:

List of Transportation Companies

A comparison widget that shows trend, earnings per share (EPS), P/E ratio and beta for each of the companies on this list can be accessed through the link below.

Trucking Industry Comparison Widget

Select the company's link to access charts, news links and company website and social media information.

Trucking Companies: Large-Cap Stocks

Trucking Companies: Mid-Cap Stocks

Trucking Companies: Small-Cap Stocks

Trucking Companies: Micro-Cap Stocks

Risks & Considerations

Freight Cycle Sensitivity

Trucking stocks are highly cyclical, with earnings tied to industrial production, consumer spending, and spot rate trends. Excess capacity can pressure pricing power, though LTL carriers with dense networks typically demonstrate greater resilience during downturns.

Driver Shortages and Labor Costs

The industry faces persistent driver recruitment and retention challenges. Rising wages, benefits, and insurance costs can compress operating margins, particularly for truckload carriers with higher driver turnover rates.

Fuel Price Volatility

Diesel fuel represents a significant operating expense. While fuel surcharges partially mitigate exposure, rapid price spikes can create timing mismatches and pressure profitability, especially for smaller carriers with less sophisticated hedging programs.

Regulatory and Infrastructure Pressures

Emissions standards, hours-of-service rules, and potential infrastructure funding changes create ongoing compliance costs and operational constraints. Companies with newer, more efficient fleets are better positioned to absorb regulatory headwinds.

These risk factors are presented for educational purposes only and are not exhaustive. Individual investment decisions should be based on thorough due diligence and personal financial circumstances.

Frequently Asked Questions

Top picks among analysts include Old Dominion Freight Line (ODFL, $40B+ cap) for its industry-leading LTL margins, Saia (SAIA) for regional expansion and +6% recent performance, and Knight-Swift (KNX) which Morgan Stanley has highlighted as a top selection. LTL carriers generally outperform truckload peers on margin profiles.
The largest publicly traded trucking companies by market capitalization are Old Dominion Freight Line (ODFL) at over $40 billion, J.B. Hunt (JBHT) at approximately $18.5 billion, Saia (SAIA) at $10.7 billion, and Knight-Swift (KNX) at $10.2 billion. The LTL focus of leaders like ODFL drives premium valuations due to network density advantages.
Performance has been mixed in 2026. LTL carriers like Saia (SAIA +6.58%) and Knight-Swift (KNX +4.96%) have posted gains, while some truckload carriers like Werner (WERN -4.91%) have declined. The overall sector has averaged down 1-3% amid a capacity glut, though LTL has outperformed with 5-10% gains. Spot rates are showing early signs of stabilization.
Old Dominion (ODFL) is widely regarded as the gold standard in LTL trucking, with industry-leading operating margins of approximately 18%. The company's dense terminal network and consistent service quality support premium pricing. Risks include labor cost inflation and fuel price exposure, but ODFL's track record of execution is strong.
Less-than-truckload (LTL) carriers consolidate freight from multiple customers into single trailers, operating through hub-and-spoke terminal networks. Examples include ODFL and SAIA. Truckload carriers move full trailers for single customers point-to-point (e.g., Werner). LTL typically commands higher operating margins (15-20%) and demonstrates greater resilience through freight cycles.
Yes, transportation ETFs like the iShares Transportation Average ETF (IYT) provide diversified exposure to trucking, railroads, and logistics companies. IYT holds significant weightings in ODFL, JBHT, and other trucking leaders, and has returned approximately +2% YTD in 2026. Expense ratios typically run around 0.4%.
Excess capacity and weak spot rates following the post-pandemic freight boom have pressured earnings across the sector. Bankruptcies among weaker carriers are gradually reducing capacity, which should benefit survivors like Saia and Knight-Swift. The freight cycle appears to be stabilizing with modest spot rate improvements in early 2026.
Saia (SAIA) stands out for its regional LTL expansion and EBITDA of approximately $602 million, with EPS growth exceeding 20%. Covenant Logistics (CVLG) has also demonstrated strong growth metrics. Investors should monitor Q1 2026 earnings reports for confirmation of sustained growth trajectories.
Last updated April 2026 · Data sourced from U.S. exchange filings