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    Largest companies by net assets

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    Companies ranked by net assets, in USD
    CompanyNet assetsSectorIndustryCountryExchange
    1UNPUNION PACIFIC CORP$20.67BIndustrialsTransportation & LogisticsUnited StatesNYSE
    2NSCNORFOLK SOUTHERN CORP$16.25BIndustrialsTransportation & LogisticsUnited StatesNYSE
    3UPSUNITED PARCEL SERVICE INC$15.07BIndustrialsTransportation & LogisticsUnited StatesNYSE
    4CCLCarnival Corp Ltd.$14.19BIndustrialsTransportation & LogisticsUnited StatesNYSE
    5CSXCSX CORP$14.08BIndustrialsTransportation & LogisticsUnited StatesNasdaq
    6MPLXMPLX LP$14.03BIndustrialsTransportation & LogisticsUnited StatesNYSE
    7PAAPLAINS ALL AMERICAN PIPELINE LP$11.08BIndustrialsTransportation & LogisticsUnited StatesNasdaq
    8DINOHF Sinclair Corp$10.29BIndustrialsTransportation & LogisticsUnited StatesNYSE
    9RCLROYAL CARIBBEAN CRUISES LTD$10.24BIndustrialsTransportation & LogisticsUnited StatesNYSE
    10KNXKnight-Swift Transportation Holdings Inc.$6.98BIndustrialsTransportation & LogisticsUnited StatesNYSE
    11ODFLOLD DOMINION FREIGHT LINE, INC.$4.55BIndustrialsTransportation & LogisticsUnited StatesNasdaq
    12JBHTHUNT J B TRANSPORT SERVICES INC$3.66BIndustrialsTransportation & LogisticsUnited StatesNasdaq
    13KEXKIRBY CORP$3.44BIndustrialsTransportation & LogisticsUnited StatesNYSE
    14SNDRSchneider National, Inc.$3.06BIndustrialsTransportation & LogisticsUnited StatesNYSE
    15GXOGXO Logistics, Inc.$2.99BIndustrialsTransportation & LogisticsUnited StatesNYSE
    16MATXMatson, Inc.$2.77BIndustrialsTransportation & LogisticsUnited StatesNYSE
    17SAIASAIA INC$2.73BIndustrialsTransportation & LogisticsUnited StatesNasdaq
    18NCLHNorwegian Cruise Line Holdings Ltd.$2.57BIndustrialsTransportation & LogisticsUnited StatesNYSE
    19INSWInternational Seaways, Inc.$2.27BIndustrialsTransportation & LogisticsUnited StatesNYSE
    20EXPDEXPEDITORS INTERNATIONAL OF WASHINGTON INC$2.12BIndustrialsTransportation & LogisticsUnited StatesNYSE
    21XPOXPO, Inc.$1.96BIndustrialsTransportation & LogisticsUnited StatesNYSE
    22GBTGGlobal Business Travel Group, Inc.$1.64BIndustrialsTransportation & LogisticsUnited StatesNYSE
    23CHRWC. H. ROBINSON WORLDWIDE, INC.$1.63BIndustrialsTransportation & LogisticsUnited StatesNasdaq
    24TDWTIDEWATER INC$1.39BIndustrialsTransportation & LogisticsUnited StatesNYSE
    25WERNWERNER ENTERPRISES INC$1.36BIndustrialsTransportation & LogisticsUnited StatesNasdaq
    26EXPEExpedia Group, Inc.$1.21BIndustrialsTransportation & LogisticsUnited StatesNasdaq
    27GNKGENCO SHIPPING & TRADING LTD$888.57MIndustrialsTransportation & LogisticsUnited StatesNYSE
    28LSTRLANDSTAR SYSTEM INC$836.73MIndustrialsTransportation & LogisticsUnited StatesNasdaq
    29GMRSGMR Solutions Inc.$789.26MIndustrialsTransportation & LogisticsUnited StatesNYSE
    30HTLDHEARTLAND EXPRESS INC$756.28MIndustrialsTransportation & LogisticsUnited StatesNasdaq
    31ULHUNIVERSAL LOGISTICS HOLDINGS, INC.$561.05MIndustrialsTransportation & LogisticsUnited StatesNasdaq
    32PANLPangaea Logistics Solutions Ltd.$448.63MIndustrialsTransportation & LogisticsUnited StatesNasdaq
    33CVLGCOVENANT LOGISTICS GROUP, INC.$412.87MIndustrialsTransportation & LogisticsUnited StatesNYSE
    34SPCEVirgin Galactic Holdings, Inc$396.11MIndustrialsTransportation & LogisticsUnited StatesNYSE
    35BCOBRINKS CO$310.50MIndustrialsTransportation & LogisticsUnited StatesNYSE
    36PALProficient Auto Logistics, Inc$303.19MIndustrialsTransportation & LogisticsUnited StatesNasdaq
    37SMHISEACOR Marine Holdings Inc.$251.99MIndustrialsTransportation & LogisticsUnited StatesNYSE
    38RLGTRADIANT LOGISTICS, INC$241.52MIndustrialsTransportation & LogisticsUnited StatesNYSE
    39VRRMVERRA MOBILITY Corp$223.62MIndustrialsTransportation & LogisticsUnited StatesNasdaq
    40PAMTPAMT CORP$203.09MIndustrialsTransportation & LogisticsUnited StatesNasdaq
    41ETSElite Express Holding Inc.$18.55MIndustrialsTransportation & LogisticsUnited StatesNasdaq
    42TOPPToppoint Holdings Inc.$11.79MIndustrialsTransportation & LogisticsUnited StatesNYSE
    43BTOCArmlogi Holding Corp.$8.02MIndustrialsTransportation & LogisticsUnited StatesNasdaq
    44QNMEQuanome Technologies, Inc.$7.01MIndustrialsTransportation & Logistics—Nasdaq
    45EURKEureka Acquisition Corp$-2.72MIndustrialsTransportation & LogisticsUnited StatesNasdaq
    46OMEXODYSSEY MARINE EXPLORATION INC$-41.74MIndustrialsTransportation & LogisticsUnited StatesNasdaq
    47FWRDFORWARD AIR CORP$-115.43MIndustrialsTransportation & LogisticsUnited StatesNasdaq
    48BKNGBooking Holdings Inc.$-10.78BIndustrialsTransportation & LogisticsUnited StatesNasdaq

    U.S.-exchange common stocks; ADRs and funds excluded. 48 companies. Reported USD values. TTM means trailing twelve months; companies without a comparable value are excluded.