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Tickers in this Article: ARII, OMAB, UAL, KEX, ALGT, CHRW, ODFL
The market is quiet so far today. The Nasdaq is unchanged; the S&P 500 has been relatively flat; and the Dow has moved little. The transportation sector is a category of stocks relating to the transportation of goods or customers. It is made up of airlines, railroads and trucking companies. The performance of the transportation sector is sensitive to the price of oil. Because operations revolve around the use of vehicles, fuel prices represent a significant cost to transportation companies. As the price of oil rises, transportation companies will be expected to earn less. Inversely, these companies do well when the cost of fuel decreases.

The Transportation sector (IYT) has changed little on a quiet day for the overall market. These are the biggest movers in the sector currently:
CompanyMarket CapPercentage Change
American Railcar Industries (Nasdaq:ARII)$641.9 million-11.8%
Grupo Aeroportuario del Centro (Nasdaq:OMAB)$926.1 million+4.4%
United Continental Holdings (NYSE:UAL)$6.74 billion-3.9%
Kirby (NYSE:KEX)$3.31 billion-3%
Allegiant Travel (Nasdaq:ALGT)$1.32 billion+2.7%
CH Robinson (Nasdaq:CHRW)$9.29 billion+2%
Old Dominion Freight (Nasdaq:ODFL)$2.66 billion+2%
Broker Summary: Charles Schwab Online Brokerage

American Railcar Industries (Nasdaq:ARII) is at a share price of $26.51 after a sharp decline of 11.8%. So far today, 164,791 shares of the company's stock have changed hands. Yesterday, volume was only 92,310 shares.

Grupo Aeroportuario del Centro (Nasdaq:OMAB) has risen 4.4% and is currently trading at $19.38 per share. So far today, the company's volume is 4,021 shares, 0.2 times the average daily volume.

United Continental Holdings (NYSE:UAL) is down 3.9% to reach $19.48 per share. The company is currently trading a volume of 2.9 million shares.

Kirby (NYSE:KEX) is trading at $57.46 per share, down 3%. So far today, the company's volume is 380,753 shares, 1.4 times the average volume over the last three months.

Allegiant Travel (Nasdaq:ALGT) is at $70.50 per share after an increase of 2.7%. The company's volume is currently 56,832 shares.

Rising 2%, CH Robinson (Nasdaq:CHRW) is currently trading at $58.71 per share. So far today, the company's volume is 617,796 shares, 0.4 times the current daily average.

After an increase of 2%, Old Dominion Freight (Nasdaq:ODFL) has reached a current price of $31.46. This morning, the company is trading a volume of 296,042 shares.

The Bottom Line No matter the economic climate, Wall Street will always have stocks that make major moves each week. It is important to weigh current activity against historical performance when making any investment decisions. Keep in mind that all these ratios should be compared against historical numbers and industry information in order to get a more complete picture.

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