Premium Comment XPO beats FedEx Freight & Old Dominion on volume growth – yet the bulls want more
Published . Updated .
This report is about container shipping.
Directly affected
Indirectly affected
- BWET Breakwave Tanker Shipping ETF+25.1% 18d
Breakwave Tanker Shipping ETF: it tracks shipping freight. Linked by “freight” (container shipping) in this story.
- IYT iShares U.S. Transportation ETF
iShares U.S. Transportation ETF: it tracks shipping freight. Linked by “freight” (container shipping) in this story.
- ZIM ZIM Integrated Shipping Services+1.3% 30d
ZIM Integrated Shipping Services (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “freight” (container shipping) in this story.
- MATX Matson-5.7% 9d
Matson (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “freight” (container shipping) in this story.
- KEX Kirby+5.3% 30d
Kirby (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “freight” (container shipping) in this story.
- DAC Danaos
Danaos (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “freight” (container shipping) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| XPO | +0.10% | +2.58% | base | after close | after close | after close | after close |
| FDXFNo price data for this ticker | — | — | — | — | — | — | — |
| BWETNo price data for this ticker | — | — | — | — | — | — | — |
| IYTNo price data for this ticker | — | — | — | — | — | — | — |
| ZIM | +0.38% | +1.68% | base | after close | after close | after close | after close |
| MATX | +0.75% | +2.33% | base | after close | after close | after close | after close |
| KEXNo price data for this ticker | — | — | — | — | — | — | — |
| DAC | -0.53% | -1.04% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Market Call
Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.
Premium Comment XPO beats FedEx Freight & Old Dominion on volume growth – yet the bulls want more The Loadstar
Source: The Loadstar
Shipping
| Company | When | Move | Status |
|---|---|---|---|
| DAC | three days earlier | -1.04% | final price |
| DAC | five days earlier | -0.53% | final price |
| MATX | three days earlier | +2.33% | final price |
| MATX | five days earlier | +0.75% | final price |
| XPO | three days earlier | +2.58% | final price |
| XPO | five days earlier | +0.10% | final price |
| ZIM | three days earlier | +1.68% | final price |
| ZIM | five days earlier | +0.38% | final price |
How solid the shipping case looks
12 out of 100
“Premium Comment XPO beats FedEx Freight & Old Dominion on volume growth – yet the bulls want more” scores 12 out of 100. The score uses 1 sources.