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July 22, 2023 |
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Supply Chain Digest's Weekly Supply Chain and Logistics Stock Report |
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Week Ending July 28, 2023 |
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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 great up week on Wall Street, with the S&P 500 rising 1.7%, while our supply chain and logistics stock index was not as strong, actually down 0.1%, using an unweighted average.
That biggest gainer was 3PL Ryder, which rose 10.2%, while LTL carrier XPO was up 8.2%.
On the downside, LTL carrier Yellow fell 34% as it marches towards bankruptcy, while RFID firm Impinj dropped 17.9%.
See performance for the past week, month and year for each stock and the whole group in the chart below.
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