Large Cap Transportation Companies are Mixed Today

Large cap companies in the Transportation sector are mixed today.  Transportation companies are good to follow because they are often leading indicators.  As the economy begins to improve demand for transportation companies increases, as other companies increase their orders for bulk materials.

Following is a brief review of the performance of five of the largest companies in the sector.

  • Union Pacific Corporation (NYSE:UNP): The company reported record earnings.  Earnings per share increased 19% to $1.85 and operating revenues are up 16%, to $5.1 billion.  The shares recently traded at $94.59, up $3.59, or 3.95%, on the day.  The shares have traded in a 52-week range of $77.73 to $107.89 and its market capitalization is $46.17 billion.  About the company: Union Pacific Corporation is a rail transportation company.  The Company’s railroad hauls a variety of goods, including agricultural, automotive, and chemical products.  Union Pacific offers long-haul routes from all major West Coast and Gulf Coast ports to eastern gateways as well as connects with Canada’s rail systems and serves the major gateways to Mexico.
  • CSX Corporation (NYSE:CSX): CSX has been in tense negotiations with its employees’ labor unions, and its CEO has expressed optimism that a strike could be averted.  The shares recently traded at $21.01, down $0.04, or 0.19%, on the day.  The shares have traded in a 52-week range of $17.69 to $27.06 and its market capitalization is $23.03 billion.  About the company: CSX Corporation is an international freight transportation company.  The Company provides rail, intermodal, domestic container-shipping, barging, and contract logistics services around the world.  CSX’s rail transportation services are provided principally throughout the eastern United States.
  • Norfolk Southern Corp. (NYSE:NSC): The shares recently traded at $67.95, up $0.56, or 0.83%, on the day.  The shares have traded in a 52-week range of $457.57 to $7840 and its market capitalization is $23.63 billion.  About the company: Norfolk Southern Corporation provides rail transportation services.  The Company transports raw materials, intermediate products, and finished goods primarily in the Southeast, East, and Midwest and, via interchange with rail carriers, to and from the rest of the United States.  Norfolk Southern also transports overseas freight through several Atlantic and Gulf Coast ports.
  • United Parcel Service (NYSE:UPS): The shares recently traded at $68.28, down $0.54, or 0.78%, on the day.  The shares have traded in a 52-week range of $60.74 to $77 and its market capitalization is $66.97 billion.  About the company: United Parcel Service, Inc. delivers packages and documents throughout the United States and in other countries and territories.  The Company also provides global supply chain services and less-than-truckload transportation, primarily in the US.  UPS’ business consists of integrated air and ground pick-up and delivery network.
  • FedEx Corporation (NYSE:FDX): The shares recently traded at $75.08, down $0.2, or 0.27%, on the day.  The shares have traded in a 52-week range of $64.07 to $98.66 and its market capitalization is $23.81 billion.  About the company: FedEx Corp. delivers packages and freight to multiple countries and territories through an integrated global network.  The Company provides worldwide express delivery, ground small-parcel delivery, less-than-truckload freight delivery, supply chain management services, customs brokerage services, and trade facilitation and electronic commerce solutions.

(Note: Selected financial data are sourced from Google Finance.  All data are assumed to be accurate.)

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