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Tickers in this Article: NSC, SWFT, CP, CMRE, ZNH, ARII, CHRW
Currently, the Nasdaq has been relatively flat, the S&P 500 has moved up 0.1% and the Dow has climbed 0.3%. 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 biggest movers in the Transportation sector (IYT) (+1.3%) are:
CompanyMarket CapPercentage Change
Norfolk Southern (NYSE:NSC)$21.09 billion-7.2%
Swift Transportation (NYSE:SWFT)$1.27 billion+5%
Canadian Pacific Railway Limited (NYSE:CP)$15.29 billion+4.7%
Costamare (NYSE:CMRE)$903.8 million+4.2%
China Southern Airlines Limited (NYSE:ZNH)$4.55 billion+4.1%
American Railcar Industries (Nasdaq:ARII)$665.3 million-3.5%
CH Robinson (Nasdaq:CHRW)$9.85 billion-3.4%
Broker Summary: E-Trade Financial

Falling 7.2%, Norfolk Southern (NYSE:NSC) is currently at a share price of $61.29. This morning, the company's volume is 4.9 million shares. This is 1.8 times its average daily volume.

Increasing 5%, Swift Transportation (NYSE:SWFT) is trading at $9.54 per share. The company's volume is currently 967,978 shares for the day, while it was 3.5 million shares yesterday.

Canadian Pacific Railway Limited (NYSE:CP) is up 4.7% to reach a current price of $92.59 per share. The company's volume for the day so far is 1.3 million shares.

Costamare (NYSE:CMRE) has moved up 4.2% and is currently trading at $13.89 per share. The company's volume for the day so far is 598,191 shares, 0.6 times the average volume over the last three months.

After an increase of 4.1%, China Southern Airlines Limited (NYSE:ZNH) has reached a current price of $24.10. The company's volume for the morning is 15,314 shares. This is 0.4 times the current daily average.

American Railcar Industries (Nasdaq:ARII) is currently trading at a share price of $30.06, a 3.5% decline. So far today, the company's volume is 25,851 shares, lighter than yesterday's volume of 77,849 shares.

At $58.92, CH Robinson (Nasdaq:CHRW) has slipped 3.4%. The company is currently trading a volume of 1.9 million shares.

The Bottom Line The nature of the market is such that stocks will have good days and bad days. Daily stock performance should be weighed against historical performance and put in context of the market overall. However, these fundamental metrics must be analyzed with historic data, industry information in addition to firm specific financial statements.

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