Market Capitalization of the Trucking Industry Sector 2005
-
2006-08-01
Details:
-
Creators:
-
Corporate Creators:
-
Corporate Contributors:
-
Subject/TRT Terms:
-
DOI:
-
Resource Type:
-
Geographical Coverage:
-
Corporate Publisher:
-
Abstract:This report focuses on the market valuation of the overall trucking industry sector and each segment within it. In the past, while the focus has been on stock price appreciation or depreciation, this report emphasizes market capitalization returns. Specifically, throughout this report, the index created and displayed is market capitalization weighted with daily rebalancing. Market capitalization is determined from the daily stock price multiplied by the number of shares outstanding. Market capitalization was chosen over past methodologies because it gives a more accurate measure of how the overall market values the trucking sector, trucking segments, and individual trucking companies relative to the entire stock market. Further, market capitalization changes were chosen rather than stock price changes in an effort to eliminate effects of capital structure changes (i.e. stock repurchases, issuances, splits, etc.) on stock prices. The overall trucking industry sector has seen a slow down in market capitalization growth compared to previous years for a multitude of reasons which are explained in Assessing the Motor Carrier Industry and Its Segments: Current and Prospective Issues, 2006. Most of the trucking segments followed suit and realized a slow down in growth. However, the logistics segment continued to outperform the industry and the S&P 500. The logistics segment represents companies with active 3rd Party Logistics activities. These activities encompass a broad range of services beyond direct physical transportation to include warehouse and inventory management, optimized shipment planning, network design, and information technology and software implementation. The following report explains these movements in more detail and compares the overall trucking industry and its sectors to each other and the overall market.
-
Format:
-
Collection(s):
-
Main Document Checksum:
-
Download URL:
-
File Type: