A quick look at how various trucking stocks are doing on the sweeping Wall Street selloff on Friday.
At the time of our 11:15 a.m. snapshot, the S&P 500 was down 2.45%.
Stocks performing significantly worse than that
ArcBest (NASDAQ: ARCB) : down 7.02% to $33.63. The upcoming earnings call Thursday will be the first time management will have the opportunity to publicly address with analysts the recommendation of a short seller.
Daseke (NASDAQ: DSKE): down 5.23% to $5.98. The company has not yet reported earnings.
Echo Global Logistics (NASDAQ: ECHO): down 7.75% to $24.05. The company’s earnings topped consensus on earnings and revenue.
Ryder (R:NYSE): down 4.72% to $58.09. The company lowered its guidance slightly in its earnings report released today.
Bucking the tide
Two trucking-related stocks are up significantly Friday.
USA Truck (NASDAQ: USAK) up 4.5% to $18.82. Earnings were 5 cts per share above consensus, though revenue fell short of projections.
Hub Group (NASDAQ: HUBG): up 3.36% to $45.27. Another company whose earnings topped projections even as revenue fell short.
Two special mentions
Old Dominion Freight (NASDAQ: ODFL), which had another bangup quarter that was released Thursday with an OR well under 80%, was slightly outperforming the S&P 500 with a decline of 2.12%.
Roadrunner Transportation (NYSE: RRTS), which has sunk below $1 per share as it attempts to recover from an accounting scandal, was up 33% at noon. Of course, to do that all it had to rise was 14 cts to 57 cts.