What are freight and logistics stocks?

Freight and logistics companies connect manufacturers with retailers and consumers worldwide and are crucial for global trade. The stock market comprises 11 primary market sectors, and freight and logistics stocks are a sub-industry of the broader industrials sector.

How big is the freight & logistics market?

According to a report by Mordor Intelligence, the freight and logistics market in the United States was valued at $1.27 trillion in 2023 and it is expected to grow to $1.62 trillion by 2029, at a compound annual growth rate of 4.07% over the forecast period. The US logistics industry comprises various segments.

What does a freight and logistics company do?

These companies operate in a wide range of industries, including air cargo, ground transportation, and shipping. Freight and logistics companies connect manufacturers with retailers and consumers worldwide and are crucial for global trade.

What is trucking stock?

Trucking Stocks The trucking sector provides road transportation delivery and logistical services, such as warehousing and sorting customer products. Data as of 09/17/21 21 matches