Zacks Investment Research highlights J.B. Hunt Transport Services, Knight-Swift Transportation Holdings, and ArcBest Corporation as top picks in the improving freight market. The Zacks Transportation-Truck industry has surged roughly 51% over the past year, outperforming the S&P 500's 23.7% gain, and carries a Zacks Industry Rank of 41, placing it in the top 17% of all industries. Knight-Swift and ArcBest both hold a Zacks Rank #1, with upward earnings estimate revisions of 2.1% and 11% respectively over the past 60 days, while J.B. Hunt carries a Zacks Rank #2 and has beaten estimates in three of the last four quarters. The improving freight scenario is supported by the Cass Freight Shipments Index rising 3% month-on-month in May 2026, marking four consecutive monthly gains, alongside capacity tightening and rising rates.
ArcBest CorpImproving freight scenario with rising shipments and rates boosts demand for trucking services.
JB Hunt Transport Services IncImproving freight scenario with rising shipments and rates boosts demand for trucking services.
Knight Transportation IncImproving freight scenario with rising shipments and rates boosts demand for trucking services.