Transportation Stocks: UNP, UPS, DAL, CSX and HOS Trading Lower Today

Large cap transportation stocks are generally lower today.  Following are some of the stories moving the stocks.

  • Union Pacific Corporation (NYSE:UNP): Despite higher railroad traffic levels as of late, the shares are trading lower today. The shares recently traded at $100.51, down $1.21, or 1.19%, on the day.  The shares have traded in a 52-week range of $77.73 to $107.89 and its market capitalization is $48.55 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 offersslong-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.
  • United Parcel Service (NYSE:UPS): Credit ratings firm Fitch Ratings has projected modest holiday freight growth for this package shipper.  The shares recently traded at $70.79, up $0.32, or 0.45%, on the day.  The shares have traded in a 52-week range of $60.74 to $77 and its market capitalization is $69.4 billion.  About the company: United Parcel Service, Inc.(NYSE:UPS) 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 U.S. UPS’s business consists of integrated air and ground pick-up and delivery network
  • Delta Air Lines, Inc. (NYSE:DAL): The shares are trading lower on poor traffic results for October.  The shares recently traded at $8.14, down $0.18, or 2.05%, on the day.  The shares have traded in a 52-week range of $6.41 to $14.38 and its market capitalization is $6.9 billion.   About the company: Delta Air Lines, Inc. provides scheduled air transportation for passengers, freight, and mail over a network of routes throughout the United States and internationally.
  • CSX Corporation (NYSE:CSX): The shares recently traded at $21.98, up $0.06, or 0.23%, on the day.  The shares have traded in a 52-week range of $1`7.69 to $27.06 and its market capitalization is $23.08 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.
  • Hornbeck Offshore (NYSE:HOS): The company announced plans to issue 6.75 million shares of common stock, diluting current equity holders.  The shares are trading down on the news.  The shares recently traded at $31.84, down $3.62, or 10.21%, on the day.  The shares have traded in a 52-week range of $19.80 to $36.24 and its market capitalization is $859.05 million.  About the company: Hornbeck Offshore Services, Inc. provides marine transportation services to the offshore oil and gas industry. The Company owns and operates deepwater offshore supply vessels in the Gulf of Mexico, which support day-to-day operations of oil drilling rigs and production platforms. Hornbeck also owns and operates ocean going tugs and barges in the northeastern United States and Puerto Rico.

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

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