Market Shares * USA - Trucking and Railroads
NY,USA -Forbes, by MARLEY SEAMAN -28 Feb 2007: -- Transportation stocks traded mixed Wednesday, with some in the railroad and trucking sectors inching higher despite analysts' pessimism and negative data... The transportation sector, including railroad and trucking companies, is considered a harbinger of economic prospects, and was among the hardest hit when the market plummeted Tuesday, following a nearly 9 percent drop in Chinese markets and comments by former Fed Chief Alan Greenspan that the U.S was headed for a recession... The Dow Jones Transportation Average slipped 172.96 points, or 3.4 percent, to close at 4,863.76 Tuesday, mirroring the Dow Jones Industrial average, and was down 0.86 at 4,862.90 in afternoon trading...
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