PTSI Price Prediction, P.A.M. Transportation Services AI Recommendations

The trucking industry provides road transportation delivery and logistical services, including moving large quantities of raw materials, works in process, and finished goods —often from manufacturing plants to retail distribution centers. Trucks are also used in the construction industry, as they transport large amounts of rocks, concrete, and other building materials used in construction. Trucks in the U.S. are responsible for the majority of freight movement over land, and therefore play an important role in the manufacturing, transportation, and warehousing industries. The business could be affected by economic cycles, since it is closely linked with manufacturing, retail and construction. Some of the major trucking companies in the U.S. are Old Dominion Freight Line, Inc., J.B. Hunt Transport Services, Inc., and XPO Logistics, Inc.

The average market capitalization across the Trucking Industry is 4.84B. The market cap for tickers in the group ranges from 221.05K to 40.47B. ODFL holds the highest valuation in this group at 40.47B. The lowest valued company is MGUY at 221.05K.

The average weekly price growth across all stocks in the Trucking Industry was 1%. For the same Industry, the average monthly price growth was 2%, and the average quarterly price growth was -4%. TSPH experienced the highest price growth at 19%, while XPO experienced the biggest fall at -10%.

The average weekly volume growth across all stocks in the Trucking Industry was 82%. For the same stocks of the Industry, the average monthly volume growth was 86% and the average quarterly volume growth was 59%