NEW YORK (TheStreet) -- My wife and I began our trip from Tampa, Fla., to New Jersey on Aug. 14. The first two hours were pre-dawn and we passed four rest areas, two on the northbound side of I-75 and two on the southbound side. All four were crowded with truck drivers resting before renewing their deliveries when the sun began to rise.
By the time we crossed over to I-95 north of Jacksonville, Fla., we noted that truck traffic was much heavier than our last trip in mid-May.
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FedEx (FDX - Get Report) is under the cloud of potential charges of drug trafficking for alleged delivery of prescription drugs with invalid prescriptions. However, when travelling north on I-95, I saw that the company's trucks outnumbered United Parcel Service (UPS - Get Report) trucks by a three-to-one margin.UPS has reported potential data breaches, but on our return trip south on I-95 on Aug. 19, its trucks outnumber FedEx by a margin of three to two. By the numbers, UPS is twice the size of FedEx with a market capitalization of $90 billion, but FedEx employs 231,000, compared with 213,000 for UPS. UPS has 103,000 vehicles, compared with 62,000 for FedEx. These two giants leave the other truckers by miles on and off I-95. Among the smaller truckers on the road, Landstar (LSTR) and Werner Enterprises (WERN) were tied for third place in trucks I observed. Both are involved in logistics services, and so many unmarked trucks on the road could have been carrying loads expedited by independent agents representing the two truckers. Con-way (CNW) set a multiyear high last week, but its depot in the southern part of North Carolina off I-95 was loaded with trucks not on the road. Here are the profiles for the 10 companies in today's two "crunching the numbers" tables. Con-way ($51.36) is up 29% year to date, and it set a multiyear intraday high at $52 on Aug. 19. The weekly chart is positive but overbought with its five-week modified moving average at $49.82. Semiannual and monthly value levels are $46.47 and $45.97, respectively, with a weekly pivot at $49.21. >>Read More: Why Caterpillar Could Suffer From Low Growth in China, Mining Sector
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