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Tickers in this Article: SWFT, UTIW, CEA, ALGT, SKYW, RYAAY, ARII
After the morning's trading, the Nasdaq is trading down 0.7%, the S&P 500 has been relatively flat and the Dow has risen 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 Transportation sector (IYT) is up 0.1% overall, and these are the biggest movers in the sector so far:
CompanyMarket CapPercentage Change
Swift Transportation (NYSE:SWFT)$1.18 billion+3.1%
UTi Worldwide (Nasdaq:UTIW)$1.34 billion-2.8%
China Eastern Airlines Corp. Ltd (NYSE:CEA)$3.91 billion+2.5%
Allegiant Travel (Nasdaq:ALGT)$1.45 billion-2.4%
SkyWest (Nasdaq:SKYW)$584.3 million+1.8%
Ryanair Holdings plc (Nasdaq:RYAAY)$10.18 billion-1.6%
American Railcar Industries (Nasdaq:ARII)$667 million-1.3%
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Swift Transportation (NYSE:SWFT) has moved up 3.1% and is currently trading at $8.70 per share. So far today, 233,560 shares have changed hands, lighter than yesterday's volume of 793,553 shares.

UTi Worldwide (Nasdaq:UTIW) is trading at $12.52 per share, down 2.8%. So far today, the company's volume is 1.2 million shares. This is two times the average volume over the last three months.

China Eastern Airlines Corp. Ltd (NYSE:CEA) has risen 2.5% to hit a current price of $17.79 per share. So far today, the company's volume is 1,718 shares, 0.2 times the average daily volume.

Allegiant Travel (Nasdaq:ALGT) has decreased to $73.13 per share, a 2.4% fall. The company is currently trading a volume of 63,224 shares.

SkyWest (Nasdaq:SKYW) has increased to a share price of $11.60, a 1.8% rise. So far today, the company's volume is 50,193 shares, while it was 244,931 shares yesterday.

Falling 1.6%, Ryanair Holdings plc (Nasdaq:RYAAY) is currently at a share price of $34.75. So far today, 105,526 shares have changed hands. This is 0.3 times its current three-month average.

American Railcar Industries (Nasdaq:ARII) has fallen 1.3% and is currently trading at $30.84 per share. The company's volume is currently 12,432 shares for the day, 0.2 times the current daily average.

The Bottom Line The nature of the market is such that stocks will have good days and bad days. It is important to weigh current activity against historical performance when making any investment decisions. However, these fundamental metrics must be analyzed with historic data, industry information in addition to firm specific financial statements.

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