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California homeless camp fire damages 2 bridges, disrupts public transportation Austin finishes half of its bicycle network, expects to complete entire 400-mile system by 2025 The Top 10 Automotive Concepts that automotive enthusiasts will be itching to see on the road! Oregon Transportation Commission, wary of I-5 Rose Quarter project’s growing price tag, grants conditional approval Woman dies after being hit by car in North Windham Friday night Silk-FAW Continues To Poach Italy’s Automotive Talent, As Lamborghini’s Katia Bassi Joins As Managing Director Transportation Department cracks down on airlines withholding refunds for canceled flights Bear gets trapped in car, destroys interior Cycling apparel company adding full-service bike repair to visitor center German sales plunge in August to lowest level since 1992
Aug
2021
21

These Two Transportation ETFs Are on the Move

Whether it’s for business or pleasure, the economic recovery is starting to move—an opportunity for traders with the Direxion Daily Travel & Vacation Bull 2X Shares (OOTO) and the Direxion Daily Transportation Bull 3X Shares (TPOR).

While Covid-19 variants might be shaking things up once more, it’s still summertime and people want to go vacationing. Travel data already shows a stark contrast from last year when social distancing cautiousness was at its peak.

“Things are not necessarily back to ‘normal,’ but stocks associated with travel and leisure have made back crucial ground since their precipitous lows about a year and a quarter ago,” a Direxion Investments The XChange article said. “However, travel & leisure stocks still seem to have considerable room to continue their recovery and price growth compared to before COVID.”

“For those who are traveling, health and safety concerns may still exist, but with 2,147,090 people passing through the U.S. Transportation Security Administration’s checkpoints on July 1st — a cut above 2019’s number of 2,088,760 and just short of triple 2020’s count of 764,761 — things seem to be looking up,” the article added.

The BlueStar® Travel and Vacation Index provides exposure to global commercial airlines, hotels and resorts, resort casinos, travel agencies, online travel booking sites, hotel REITs, cruise lines, theme parks, and ski resorts.

Commercial activity is also on the move as more business sectors are re-opening. As such, more goods are being transported to and fro.

TPOR seeks daily investment results that are equal to 300 percent of the daily performance of the Dow Jones Transportation Average. The index measures the performance of large, well-known companies within the transportation industry.

One metric that has been on the rise the past year is the Freight Transportation Services Index (TSI). Despite a recent decline, the prevailing trend shows a move higher after an expected fall last year during the height of the pandemic.

“The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, fell 0.4% from May to June, the first decrease after 3 consecutive months of growth according to the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS),” an American Journal of Transportation article said. “From June 2020 to June 2021, the index rose 5.9%; that compares to a decline of 7.0% from June 2019 to June 2020 and a decline of 1.4% from June 2018 to June 2019.”

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May
2020
3

Transportation Vehicle, Equipment & Systems Inspectors at My Next Move

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Carman, Chief Mechanical Officer (CMO), Inspector, Transit Vehicle Inspector

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What they do:

Inspect and monitor transportation equipment, vehicles, or systems to ensure compliance with regulations and safety standards.

On the job, you would:

  • Inspect vehicles or other equipment for evidence of abuse, damage, or mechanical malfunction.
  • Inspect vehicles or equipment to ensure compliance with rules, standards, or regulations.
  • Inspect repairs to transportation vehicles or equipment to ensure that repair work was performed properly.

Knowledge

Engineering and Technology

Transportation

  • movement of people or goods by air, rail, sea, or road

Arts and Humanities

Safety and Government

  • public safety and security

Skills

Basic Skills

  • listening to others, not interrupting, and asking good questions
  • reading work related information

Problem Solving

  • noticing a problem and figuring out the best way to solve it

Abilities

Verbal

  • listen and understand what people say
  • communicate by speaking

Hand and Finger Use

  • keep your arm or hand steady

Personality

People interested in this work like activities that include practical, hands-on problems and solutions.

They do well at jobs that need:

  • Independence
  • Integrity
  • Cooperation
  • Attention to Detail
  • Concern for Others
  • Dependability

Technology

You might use software like this on the job:

Data base user interface and query software

  • Aspen
  • Commercial driver’s license information system CDLIS

Spreadsheet software

Electronic mail software

Education

high school diploma/GED or
no high school diploma/GED
usually needed

Get started on your career:

Find Certifications

Job Outlook

New job opportunities are likely in the future.

Salary

$73,780

$28,870

$123,980

Check out my state

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You might like a career in one of these industries:

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