As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the air freight and logistics industry, including Expeditors (NYSE: EXPD) and its peers.

The growth of e-commerce and global trade continues to drive demand for expedited shipping services, presenting opportunities for air freight companies. The industry continues to invest in advanced technologies such as automated sorting systems and real-time tracking solutions to enhance operational efficiency. Despite the advantages of speed and global reach, air freight and logistics companies are still at the whim of economic cycles. Consumer spending, for example, can greatly impact the demand for these companies’ offerings while fuel costs can influence profit margins.

The 4 air freight and logistics stocks we track reported a strong Q4. As a group, revenues beat analysts’ consensus estimates by 0.7%.

In light of this news, share prices of the companies have held steady. On average, they are relatively unchanged since the latest earnings results.

Weakest Q4: Expeditors (NYSE: EXPD)

Expeditors (NYSE: EXPD) offers air and ocean freight as well as brokerage services.

Expeditors reported revenues of $2.86 billion, down 3.3% year on year. This print was in line with analysts’ expectations, but overall, it was a mixed quarter for the company with a beat of analysts’ EPS estimates but a miss of analysts’ EBITDA estimates.

Unsurprisingly, the stock is down 4.7% since reporting and currently trades at $142.58.

Read our full report on Expeditors here, it’s free.

Best Q4: FedEx (NYSE: FDX)

Sporting one of the largest air cargo fleets in the world, FedEx (NYSE: FDX) is a global provider of parcel and cargo delivery services.

FedEx reported revenues of $23.47 billion, up 6.8% year on year, outperforming analysts’ expectations by 3%. The business had an exceptional quarter with a solid beat of analysts’ EBITDA estimates and an impressive beat of analysts’ adjusted operating income estimates.

FedEx pulled off the biggest analyst estimates beat and fastest revenue growth among its peers. The market seems happy with the results as the stock is up 23.5% since reporting. It currently trades at $354.50.

Is now the time to buy FedEx? Access our full analysis of the earnings results here, it’s free.

C.H. Robinson Worldwide (NASDAQ: CHRW)

Engaging in contracts with tens of thousands of transportation companies, C.H. Robinson (NASDAQ: CHRW) offers freight transportation and logistics services.

C.H. Robinson Worldwide reported revenues of $3.91 billion, down 6.5% year on year, falling short of analysts’ expectations by 1.9%. Still, its results were good as it locked in a solid beat of analysts’ EBITDA estimates and an impressive beat of analysts’ adjusted operating income estimates.

C.H. Robinson Worldwide delivered the weakest performance against analyst estimates and slowest revenue growth in the group. As expected, the stock is down 8.6% since the results and currently trades at $168.45.

Read our full analysis of C.H. Robinson Worldwide’s results here.

United Parcel Service (NYSE: UPS)

Trademarking its recognizable UPS Brown color, UPS (NYSE: UPS) offers package delivery, supply chain management, and freight forwarding services.

United Parcel Service reported revenues of $24.48 billion, down 3.2% year on year. This print beat analysts’ expectations by 1.8%. Overall, it was an exceptional quarter as it also recorded a solid beat of analysts’ adjusted operating income estimates and an impressive beat of analysts’ EBITDA estimates.

The stock is down 9.2% since reporting and currently trades at $97.12.

Read our full, actionable report on United Parcel Service here, it’s free.

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