Daily Archives: June 23, 2020

Archive of posts published in the specified Day

Jun
23

Transportation Sector

What Is the Transportation Sector?

The transportation sector is a category of companies that provide services to move people or goods, as well as transportation infrastructure. Technically, transportation is a sub-group of the industrials sector according to the Global Industry Classification Standard (GICS). The transportation sector consists of several industries including air freight and logistics, airlines, marine, road and rail, and transportation infrastructure. These industries are further broken down into the sub-industries air freight and logistics, airlines, marine, railroads, trucking, airport services, highways and rail tracks, and marine ports and services.

Key Takeaways

  • The transportation sector is an important industry sector in the economy that deals with the movement of people and products.
  • These include companies such as airlines, trucking, railroads, shipping, and logistics firms, as well as those that provide transportation infrastructure.
  • The Dow Jones Transportation Index (DJTA) was the U.S.’s first stock market index, and still tracks 20 of the most important companies in the sector.

Understanding the Transportation Sector

The performance of companies in the transportation industry is highly sensitive to fluctuations in company earnings and the price of transportation services. Main factors affecting company earnings include fuel costs, labor costs, demand for services, geopolitical events, and government regulation. Many of these factors are interconnected. For example, if the U.S. government passes regulations that make it more difficult for people to earn their commercial drivers’ license, this will reduce the supply of drivers, driving up the cost of hiring drivers.

Oil prices are a key factor for transportation, as the commodity’s price generally has an influence on transportation expenses. Gas and fuel prices that rise will increase costs for a trucking company, eating into their profit and potentially reducing their stock price.

Energy costs and the value of transportation stocks are certainly interrelated. Low energy costs may become a factor in boosting the share price of various transportation companies, but the influence can also be reversed. When demand for transportation services is high the impact will be reflected in quarterly reports of transportation companies. This information may, once disseminated, may motivate energy traders to bid up prices for oil and similar commodities. However, if demand for commercial transportation falls, this information could lead to a decline in oil prices as well.

Investing in the Transportation Sector

You can invest in companies that move people and products by buying shares of individual transportation companies, or through sector-specific mutual funds or exchange-traded funds (ETFs) that specialize in the transportation sector. The transportation sector is one of the most broadly diversified with industrial companies representing airlines, railroads, truckers, equipment and leasing stocks, and logistics companies. Funds that track this sector will track a benchmark sector index like the DJTA.

The Dow Jones Transportation Index

The Dow Jones Transportation Average (DJTA) is a price-weighted average of 20 transportation stocks traded in the United States. The DJTA is, in fact, the oldest U.S. stock index, first compiled in 1884 by Charles Dow, co-founder of Dow Jones & Company. The index initially consisted

Jun
23

Used cars in Seattle, WA for Sale

18384843

Ford

Focus Electric

2013

10599

39200

61524

Renton

Seattle

Washington

3/14/2020 9:02:56 AM

4

[“allNewTires”,”lowMilesPerYear”,”fuelEfficient”,”advancedFeatures”,”premiumAudio”]

Seattle

Leather Seats, Parking Sensors, Rear View Camera, Navigation System, Front Seat Heaters, Cruise Control

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False

4

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2013 Ford
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62K Miles



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18129067

Honda

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2009

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18300

108104

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2/18/2020 4:02:19 PM

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[]

Seattle

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109K Miles



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18314166

Nissan

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2011

LE

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27900

92068

Renton

Seattle

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6/5/2020 11:02:01 AM

0

[“premiumAudio”]

Seattle

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87

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93K Miles



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Toyota

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2015

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19600

37192

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6/6/2020 5:01:48 PM

0

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2015 Toyota
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38K Miles



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18343872

Toyota

Camry

2014

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59351

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2/7/2020 9:02:25 PM

2

[“newPairTires”]

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2014 Toyota
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60K Miles



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18538868

Toyota

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2018

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25998

23500

2079

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86

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2018 Toyota
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18629699

Ford

Mustang

2018

GT Premium

26998

35200

45731

Renton

Seattle

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1/30/2020 9:02:55 AM

4

[“singleOwner”,”allNewTires”,”advancedFeatures”]

Seattle

Leather Seats, Rear View Camera, Parking Sensors, Front Seat Heaters, Alloy Wheels, A/C Seat(s)

False

False

2

In stock

False

True


2018 Ford
Mustang GT Premium


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46K Miles



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18839829

Ford

Mustang

2018

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28998

35200