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Tickers in this Article: ALGT, PAC, GSH, FDX, AAWW, UPS, KSU
The market has been slipping so far today. The Nasdaq has fallen 0.7%; the S&P 500 has declined 0.8%; and the Dow is trading down 0.6%. 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 down 0.8%, underperforming the market overall. The current biggest movers in the sector are:
CompanyMarket CapPercentage Change
Allegiant Travel (Nasdaq:ALGT)$1.42 billion-2.2%
Grupo Aeroportuario del Pacifico (NYSE:PAC)$3.15 billion+1.7%
Guangshen Railway Co. Ltd (NYSE:GSH)$2.57 billion+1.6%
FedEx (NYSE:FDX)$28.95 billion-1.4%
Atlas Air Worldwide Holdings (Nasdaq:AAWW)$1.18 billion-1.4%
UPS (NYSE:UPS)$70.84 billion-1%
Kansas City (NYSE:KSU)$9.08 billion-1%
Broker Summary: OptionsXpress Online Trading Platform

After a decline of 2.2%, Allegiant Travel (Nasdaq:ALGT) has hit a share price of $71.87. So far today, the company's volume is 37,930 shares, which is likely to result in less activity than yesterday's volume of 191,511 shares.

Grupo Aeroportuario del Pacifico (NYSE:PAC) has increased to a share price of $57.13, a 1.7% rise. The company's volume for the morning is 7,637 shares. This is 0.2 times its current daily average.

Guangshen Railway Co. Ltd (NYSE:GSH) is currently trading at $19.20 per share, a 1.6% increase. The company's volume for the day so far is 9,892 shares, 0.3 times the average volume over the last three months.

FedEx (NYSE:FDX) is currently trading at a share price of $90.74, a 1.4% decline. So far today, the company's volume is 605,569 shares.

Atlas Air Worldwide Holdings (Nasdaq:AAWW) has decreased to $43.94 per share, a 1.4% fall. So far today, 24,290 shares have changed hands, on pace to finish the day below yesterday's volume of 134,154 shares.

Falling 1%, UPS (NYSE:UPS) is currently at a share price of $73.48. This morning, the company's volume is 1.1 million shares. This is 0.3 times the current daily average.

Kansas City (NYSE:KSU) is down 1% to reach $81.74 per share. At 287,130 shares, the company's volume so far today is 0.3 times the current three-month average.

The Bottom Line No matter the economic climate, Wall Street will always have stocks that make major moves each week. Daily stock performance should be weighed against historical performance and put in context of the market overall. 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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