Week Ending August 18, 2023

In SCDigest's weekly review of the stock market performance across a group of over 20 supply chain software and hardware firms, as well as freight carriers and logistics service providers, it was a another bad week on Wall Street, with the S&P 500 dropping 2.4%. However, our supply chain and logistics stock index fell just 1.9%, using an unweighted average.

That biggest gainer was again data collection firm Zebra, up 3.8%, while Oracle rose 3.0%, among the few other winners.

On the downside, the largest loser was trucker JB Hunt, which dropped 6.0%, followed by LTL carrier XPO, which fell 5.6%.

We will note troubled LTL carrier Yellow is headed towards bankptcy and was delisted, and hence fell out of our index, to be replaced next week with carrier Scheider.

See performance for the past week, month and year for each stock and the whole index in the chart below.