Trucker C.H. Robinson's Strategy of Not Owning Its Trucks Pays Off [View article]
Jonathan,
Sorry, I'm not that familiar with PACR. I know Landstar best, and some of the larger-cap names. After reading your post, though, they sound less similar to Landstar/CHRW than to Expeditors International (EXPD) or UTI Worldwide (UTIW). Although EXPD is far more richly valued, PACR's 16x forward P/E isn't that much lower than 20x for LSTR and 21x for UTIW when you factor in growth and ROE.
Trucker C.H. Robinson's Strategy of Not Owning Its Trucks Pays Off [View article]
Sorry, I'm not that familiar with PACR. I know Landstar best, and some of the larger-cap names. After reading your post, though, they sound less similar to Landstar/CHRW than to Expeditors International (EXPD) or UTI Worldwide (UTIW). Although EXPD is far more richly valued, PACR's 16x forward P/E isn't that much lower than 20x for LSTR and 21x for UTIW when you factor in growth and ROE.