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Assuming the investment of $100 on December 31, 2019, and reinvestment of all dividends, the graph above compares the cumulative total stockholder return on our common stock for the last five fiscal years with the cumulative total return of Standard & Poor’s 500 Market Index and our Peer Groups over the same period.
−Removed: In 2023, we selected a new Peer Group in order to more closely align with our benchmarking Peer Group.
−Removed: Our Peer Group includes companies similar to us in the transportation industry and has the following companies:
−Removed: Covenant Logistics Group;
−Removed: Heartland Express;
−Removed: Knight-Swift Transportation;
−Removed: Landstar System;
−Removed: Marten Transport;
+Added: In 2024, we selected a new Peer Group which includes companies in the trucking industry that are more similar to us than the companies included in the 2023 Peer Group.
+Added: The 2024 Peer Group has the following companies:
+Added: Covenant Logistics Group, Inc.;
+Added: Heartland Express, Inc.;
+Added: Hub Group, Inc.;
+Added: JB Hunt Transport Services, Inc.;
+Added: Knight-Swift Transportation Holdings, Inc.;
+Added: Landstar System, Inc.;
+Added: Marten Transport, LTD.;
+Added: and Schneider National, Inc.
+Added: ArcBest Corporation;
+Added: Forward Air Corporation;
Old Dominion Freight Line;
−Removed: and Schneider National.
−Removed: We added Daseke, Inc.
−Removed: to our 2023 Peer Group and removed US Xpress Enterprises, Inc.
−Removed: (acquired by Knight-Swift Transportation in 2023) and Yellow Corporation (ceased operations in 2023) from our 2023 and 2022 Peer Groups.
+Added: and Saia, Inc.
+Added: were removed from our 2024 Peer Group, and Daseke, Inc.
+Added: (acquired by TFI International Inc.
+Added: in 2024) was removed from our 2024 and 2023 Peer Groups.
Our stock price was $35.92 as of December 31, 2024 (the last business day of fiscal year 2024).
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Purchases of Equity Securities by the Issuer and Affiliated Purchasers
−Removed: On November 9, 2021, our Board of Directors approved and announced a new stock repurchase program under which the Company is authorized to repurchase up to 6,000,000 shares of its common stock.
−Removed: As of December 31, 2023, the Company had purchased 3,688,190 shares pursuant to this authorization and had 2,311,810 shares remaining available for repurchase.
+Added: On May 15, 2024, we announced a new stock repurchase program under which the Company is authorized to repurchase up to 5,000,000 shares of its common stock.
+Added: Upon approval of the new program, the Board of Directors withdrew the previous stock repurchase authorization that was approved on November 9, 2021, which had 1,627,651 shares remaining available for repurchase.
+Added: As of December 31, 2024, the Company had purchased 1,103,651 shares pursuant to the new authorization and had
+Added: 3,896,349 shares remaining available for repurchase.
The Company may purchase shares from time to time depending on market, economic and other factors.
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Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.