Dow Transports

Dow Jones Transports is an index that measures the performance of key transportation companies in the American economy. As one of the components of the larger Dow Jones Industrial Average, the transportation sector plays a critical role in moving goods and people across the country. Investors closely follow the performance of Dow Jones Transports as it is considered a leading indicator of economic health and activity. As transportation companies thrive or struggle, it can give insights into consumer demand, manufacturing activity, and overall market sentiment. Keeping an eye on Dow Jones Transports can provide valuable information for investors looking to make informed decisions in the market.

View Charts
Symbol Exchange Name MCAP Price Change PE Ratio Yield
AAL NASDAQ American Airlines Group Inc 8.75B 13.25 2.44 76.88 0.00
CSX NASDAQ CSX Corp 79.11B 42.54 0.75 27.73 0.01
ALK NYSE Alaska Air Group Inc 5.95B 51.87 -6.22 62.17 0.00
LUV NYSE Southwest Airlines Co 26.66B 54.26 3.34 62.35 0.01
DAL NYSE Delta Air Lines Inc 46.06B 70.52 1.92 8.58 0.01
UBER NYSE Uber Technologies Inc 153.95B 74.80 2.71 15.95 0.00
CAR NASDAQ Avis Budget Group Inc 4.11B 116.71 -1.70 0.00 0.00
UAL NASDAQ United Airlines Holdings Inc 37.82B 116.93 2.56 10.42 0.00
UPS NYSE United Parcel Service Inc 101.85B 119.95 1.60 17.68 0.06
KEX NYSE Kirby Corp 6.70B 124.93 2.93 20.51 0.00
EXPD NYSE Expeditors International of Washington Inc 18.85B 140.65 1.32 23.62 0.01
LSTR NASDAQ Landstar System Inc 4.91B 144.15 1.26 49.24 0.01
MATX NYSE Matson Inc 5.06B 162.15 -0.49 12.03 0.01
ODFL NASDAQ Old Dominion Freight Line Inc 36.00B 172.19 -0.24 41.98 0.01
CHRW NASDAQ C.H. Robinson Worldwide Inc 21.97B 185.19 -0.36 38.34 0.01
JBHT NASDAQ JB Hunt Transport Services Inc 19.18B 202.72 -1.22 38.14 0.01
R NYSE Ryder System Inc 8.80B 223.13 1.00 18.48 0.02
UNP NYSE Union Pacific Corp 154.34B 260.10 -0.64 22.12 0.02
FDX NYSE FedEx Corp 90.95B 386.82 0.82 21.42 0.01

Introduction

The Dow Jones Transportation Average (DJT) is a stock market index that tracks the performance of 20 transportation-related companies. These companies include airlines, railroads, trucking, shipping, and other transportation businesses. The DJT is considered an indicator of the health of the broader economy, as transportation companies are essential for the movement of goods and people.

What is Dow Jones Transports?

The Dow Jones Transportation Average, also known as DJT, is a stock market index comprised of 20 transportation-related companies. It was introduced in 1884 by Charles Dow, the co-founder of Dow Jones & Company, as one of the original Dow Jones Averages.

How is it Calculated?

The Dow Jones Transportation Average is a price-weighted index, which means that it is calculated based on the market price of each stock in the index. The index is calculated by adding up the stock prices of all 20 companies and dividing by a divisor to determine the average.

Why is it Important?

The DJT is seen as an important indicator of the economy's health because transportation companies are involved in the movement of goods and people, which is essential for economic activity. When the DJT is performing well, it is usually a sign that the economy is strong, and vice versa.

Conclusion

The Dow Jones Transportation Average is a key indicator of the health of the transportation sector and the broader economy. By tracking the performance of transportation-related companies, investors and analysts can get a better understanding of economic trends and market conditions.

Frequently Asked Questions

What companies are included in the Dow Jones Transportation Average?

The Dow Jones Transportation Average includes companies from various transportation sectors, such as airlines, railroads, trucking, shipping, and more. Some of the companies included are FedEx, United Parcel Service (UPS), Delta Air Lines, and Union Pacific Corporation.

How often is the Dow Jones Transportation Average updated?

The Dow Jones Transportation Average is updated in real-time during trading hours. The index is calculated using the latest stock prices of the 20 companies included in the index, which are updated throughout the trading day.

Is the Dow Jones Transportation Average a reliable indicator of the economy?

While the Dow Jones Transportation Average is considered an important indicator of economic health, it should not be used in isolation. It is just one of many indicators that can provide insight into the state of the economy, and should be used in conjunction with other economic data and indicators for a more complete picture.