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Furthermore, the growing freight demand is expected to boost the transportation industry’s growth. According to ReportLinker, the global public transportation market is poised to grow at a CAGR of almost 6% during 2021-2025.
Given this backdrop, we think it could be wise to bet on fundamentally strong transportation stocks J.B. Hunt Transport Services, Inc. (JBHT), Landstar System , Inc. (NASDAQ:LSTR), and Ryder System, Inc. (NYSE:R).
