SAIA stock forecast, quote, news & analysis

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 5.71B. The market cap for tickers in the group ranges from 221.05K to 47.02B. ODFL holds the highest valuation in this group at 47.02B. The lowest valued company is MGUY at 221.05K.

The average weekly price growth across all stocks in the Trucking Industry was 2%. For the same Industry, the average monthly price growth was 11%, and the average quarterly price growth was 4%. RRTS experienced the highest price growth at 27%, while NXTN experienced the biggest fall at -11%.

The average weekly volume growth across all stocks in the Trucking Industry was -10%. For the same stocks of the Industry, the average monthly volume growth was -47% and the average quarterly volume growth was -10%