Expeditors International of Washington, Matson and Despegar.com are part of the Zacks Industry Outlook article.
The Zacks Industry Rank for the Transportation-Services industry paints a dull picture mainly owing to lackluster freight demand. We believe stocks like EXPD, MATX and DESP represent investment opportunities despite the crisis.
On May 24, 2024, Matthew Cox, Chairman & Chief Executive Officer of Matson Inc (NYSE:MATX), executed a sale of 9,862 shares of the company at a price of $120 per share.