Among the major road transportation (IYJ) companies, Old Dominion Freight Line (ODFL) reported an improvement of 280 basis points in its third-quarter operating margin to 21.6% from 18.8% in the third quarter of 2017.
Landstar System (LSTR) reported a 7.5% expansion in its third-quarter operating margin to 50.8% from 43.3% in the third quarter of 2017. Saia (SAIA) and XPO Logistics (XPO), major LTL (less-than-truckload) service providers, are set to release their third-quarter earnings on October 31 and November 1, respectively.
In the final part of this series, we’ll look at analysts’ recommendations for UPS and peers.
View more information: https://marketrealist.com/2018/10/why-united-parcel-services-operating-margin-declined-in-q3/