XTN - SPDR S&P Transportation ETF

NYSEArca - NYSEArca Delayed Price. Currency in USD
63.65
-0.11 (-0.17%)
As of 10:43AM EDT. Market open.
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Previous Close63.76
Open63.92
Bid63.46 x 800
Ask63.52 x 1000
Day's Range63.65 - 63.96
52 Week Range50.58 - 69.25
Volume1,406
Avg. Volume14,633
Net Assets154.22M
NAV63.70
PE Ratio (TTM)N/A
Yield0.87%
YTD Return17.87%
Beta (3Y Monthly)1.36
Expense Ratio (net)0.35%
Inception Date2011-01-26
Trade prices are not sourced from all markets
  • Top 3 Transportation ETFs for 2019
    Investopedia52 minutes ago

    Top 3 Transportation ETFs for 2019

    Investors seeking exposure to the transportation sector can consider three ETFs that are poised for new potential gains after a rough period.

  • Air ETFs, Stocks Set to Gain on Upbeat Spring Travel Trend
    Zacks14 days ago

    Air ETFs, Stocks Set to Gain on Upbeat Spring Travel Trend

    A record number of Americans are expected to fly this spring encouraged by low fares, abundant air service and a healthy economy.

  • Buy the Dip in FedEx Stock
    InvestorPlace15 days ago

    Buy the Dip in FedEx Stock

    Until early March, the transportation sector as measured via the SPDR S TR/S&P TRANSN (NYSEARCA:XTN) exchange-traded fund had been outperforming the S&P 500 Index. In the wake disappointing earnings from FedEx Corporation (NYSE:FDX), which came on top of lowered full-year guidance at the end of 2018, the ETF and the individual stock were both dragged down. Add to that overall concerns of a slowdown in global growth and you are left with a recipe for negative market sentiment across logistics providers as a whole.As we saw with the brick-and-mortar retail sector, macro concerns over their future weighed heavily on the sector throughout late 2017 and early 2018. When the market came to its senses and realized that not all retail stores would go the way of the dodo, companies like Macy's (NYSE:M) rallied sharply -- almost 100%, in Macy's case.Sometimes when the market perceives situations as horrible and things go from there to merely bad, there is serious money to be made.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMajor issues that have been depressing FedEx stock are either priced in or are short-term, providing far-sighted investors with the opportunity to purchase FDX at a reasonable 13 times earnings (historically, north of 15 times would be more in keeping with the norm). Keep in mind that as recently as last October, FDX traded at $240 per share, or 32% higher than current levels. What's Weighing on FedEx StockOne of the macro issues has been the global growth concern. However, China's recent March PMI numbers should assure the market that the world's second-largest economy is not in dire shape by any means. The official PMI number rose to 50.5, representing a 1.3% growth month-over-month. At least for now, global growth based on the manufacturing indicator may be slowing but is not going negative. * The 8 Best Stocks to Buy for an April Rally A deterioration in global trade would of course hurt FDX disproportionately, but that risk seems largely unfounded based on the PMI data. TNT & AmazonAnother major worry surrounds the TNT acquisition. It may well have been a mistake, but the worse-case scenario is already priced in at current FedEx stock levels -- namely, a lack of profitability and integration issues. I would add that FedEx appeared to be very disciplined in closing that transaction.United Parcel Service (NYSE:UPS), its primary competitor, was ready to pay almost $7 billion dollars for TNT, where FDX closed the deal $2 billion lower below $5 billion. I suspect patient investors will see FedEx work through the integration pains -- M&A is rarely smooth with such large companies -- and see good returns on capital for their investment in the business.Another worry is that Amazon (NASDAQ:AMZN) will be entering the space and eating FDX's lunch. This feel likes a broken record playing over and over again. It's what plagued the retail sector, and now that headline risk has shifted to logistics.While transportation and logistics is a growing part of AMZN's business that FedEx investors should not ignore, the threat is not immediate. The scale of both FDX and UPS is not easily replicated. Amazon's existing network is simply not in the same league and would require a huge capital expenditure push, especially in non-metropolitan areas.It's true that AMZN is pushing forward, like the announcement in February about Amazon Air's fleet expansion, but remember that global transportation and logistics is not a finite pie. It can absorb new players on the domestic and international level while allowing for growth among existing players.Ultimately, this play comes down to current valuation. FedEx stock is pricing in a horrible scenario, but the reality is likely to be merely bad, or even not-so-bad-at-all.As of this writing, Luce Emerson did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Best ETFs for 2019: A Close Race at the Front * 15 Stocks to Buy Leading the Financial Charge * 7 Stocks From Around the World That Beat U.S. Stocks Compare Brokers The post Buy the Dip in FedEx Stock appeared first on InvestorPlace.

  • ETF Trends16 days ago

    Kevin O’Leary: The Transportation Sector is the “Index of All Indexes”

    Exchange-traded fund (ETF) investors looking to play the transportation sector can look to the biggest ETF of the bunch in terms of total assets--the iShares Transportation Average ETF (IYT) . IYT seeks to track the investment results of the Dow Jones Transportation Average Index composed of U.S. equities in the transportation sector. IYT's underlying index measures the performance of large, well-known companies within the transportation sector of the U.S. equity market.

  • Analyzing Canadian National’s Rail Traffic in Week 12
    Market Realist16 days ago

    Analyzing Canadian National’s Rail Traffic in Week 12

    US Rail Traffic Weakness Continues for a Ninth Straight Week(Continued from Prior Part)Rail trafficIn Week 12, Canadian National Railway’s (CNI) total traffic volume fell 2.2% YoY (year-over-year) to 115,404 railcars from 117,990. Six of the

  • ETFs That Probably Won't Fool You in April
    Zacks17 days ago

    ETFs That Probably Won't Fool You in April

    Wall Street should start April on a solid note though pockets of volatility will remain. Against this backdrop, investors can pick these ETFs.

  • Canadian Pacific’s Rail Traffic Fell in Week 10
    Market Realistlast month

    Canadian Pacific’s Rail Traffic Fell in Week 10

    US Rail Traffic: Downtrend Continued for the Seventh Week(Continued from Prior Part)Rail traffic Canadian Pacific Railway (CP) registered a 7.7% YoY (year-over-year) decline in its total rail traffic in week 10. The company carried 48,329

  • 5 Transportation ETFs to Buy for a Road to Profits
    InvestorPlacelast month

    5 Transportation ETFs to Buy for a Road to Profits

    The Dow Jones Transportation Average Index does not get the notoriety of other equity benchmarks, such as the S&P 500 or the Dow Jones Industrial Average, but the transports index is widely viewed as an important tell regarding the overall health of domestic equity markets.That index is up nearly 13% year-to-date, which is good news for transportation stocks and ETFS. Some transportation ETFs are delivering performances that are even better than that this year while other transportation ETFs have been less impressive.Transportation stocks reside in the cyclical industrial sector, meaning the group is sensitive to economic data and the business cycle. Any inklings of a recession and transportation ETFs and their holdings could be in trouble.InvestorPlace - Stock Market News, Stock Advice & Trading Tips"A drop of at least 30 percent in the railroad stocks would take the S&P industry down to levels not seen since the beginning of 2017. A 20 percent decline in the air freight and logistics industry would bring it to late-2013 lows," reports CNBC. * The 10 Best Stocks to Buy for the Bull Market's Anniversary For investors willing to embrace the cyclical nature of the transportation industry, here are some ETFs to buy.Source: DaveBloggs007 via Flickr iShares Transportation Average ETF (IYT)Expense ratio: 0.43% per year, or $43 on a $10,000 investment.The iShares Transportation Average ETF (CBOE:IYT) is the largest transportation ETF and tracks the aforementioned Dow Jones Transportation Index. As is the case with most transportation ETFs, IYT is heavily levered to engines of the U.S. economy.This transportation ETF allocates nearly 76% of its combined weight to railroad operators, air freight and logistics firms, and trucking companies. IYT's underlying index is home to just 20 stocks and is cap-weighted so there is some concentration risk with this transportation ETF as just two stocks -- Norfolk Southern (NYSE:NSC) and FedEx (NYSE:FDX) -- combine for nearly 21% of the fund's roster.Railroad stocks do not get the notoriety of tech or healthcare stocks, but these companies are pivotal to broader market health. Through late February and into early March, a major railroad index posted eight consecutive losing days, prompting some traders to ponder about the near-term health of transportation ETFs and equities.Source: Shutterstock SPDR S&P Transportation ETF (XTN)Expense ratio: 0.35% per year, or $35 on a $10,000 investment.Next to the aforementioned IYT, the SPDR S&P Transportation ETF (NYSEARCA:XTN) is one of the legacy transportation ETFs.XTN is just over eight years old and "seeks to provide exposure to the transportation segment of the S&P TMI, comprises the following sub-industries: Air Freight & Logistics, Airlines, Airport Services, Highways & Rail Tracks, Marine, Marine Ports & Services, Railroads, and Trucking," according to State Street. * 7 Dark Horse Stocks That Deserve Your Attention in 2019 XTN is an equal-weight ETF, unlike IYT, which is a cap-weighted ETF. Typically, industry funds with different weighting methodologies show significant divergences in performance over the years, but over the past the three years, these two transportation ETFs have moved mostly in lockstep with each other.Source: amanda kelso via Flickr (Modified) US Global Jets ETF (JETS)Expense ratio: 0.60% per year, or $60 on a $10,000 investment.The US Global Jets ETF (NYSEARCA:JETS) is the only dedicated airline ETF trading in the U.S. JETS is up 5% this year, which is almost impressive when considering that oil is one of 2019's best-performing commodities. Airline stocks are often inversely correlated to oil prices because fuel is one of that industry's largest input costs.The four largest U.S. carriers -- Delta Airlines Inc. (NYSE:DAL), United Continental Holdings Inc. (NYSE:UAL), American Airlines Group Inc. (NASDAQ:AAL) and Southwest Airlines Co. (NYSE:LUV) -- combine for nearly 48% of JETS's roster.The exposure JETS provides to the largest U.S. airlines is potentially beneficial to investors at a time when earnings forecast for some of this transportation ETF's smaller components are disappointing Wall Street.Earlier this month, "Delta said it was on track meet first-quarter guidance, including 4% to 6% revenue growth, and reaffirmed its full-year forecast. United said its first-quarter revenue should come near the midpoint of prior guidance and reaffirmed its 2019 and 2020 earnings-per-share forecast," reports Barron's. First Trust Nasdaq Transportation ETF (FTXR)Expense ratio: 0.60% per year, or $60 on a $10,000 investment.The First Trust Nasdaq Transportation ETF (NASDAQ:FTXR) debuted in September 2016, making it one of the newer transportation ETFs on the market. FTXR follows the Nasdaq U.S. Smart Transportation Index and uses a unique weighting methodology not seen on legacy transportation ETFs.FTXR's underlying index employs growth, value and volatility metrics in its stock selection process. Components in the index are weighted based on their scores over those three factors. Eight industry groups are represented in this transportation ETF, but airline and railroad stocks combine for over 56% of FTXR's roster. * 7 Top Stocks to Buy From Goldman Sachs' Secret Portfolio Eight of the fund's top 10 holdings hail from those two industry groups. The heavy weight to airlines (over a third of the fund's weight) is restraining FTXR's 2019 performance somewhat as the transportation ETF is up just 7%.Source: Shutterstock SPDR Kensho Smart Mobility ETF (XKST)Expense ratio: 0.46% per year, or $46 on a $10,000 investment.While some of the transportation ETFs highlighted here use unique weighting schemes, the SPDR Kensho Smart Mobility ETF (NYSEARCA:XKST) truly fits the bill as a departure from the traditional transportation ETF. This is the transportation ETF to buy for investors looking for disruptive technology and growth potential.In other words, XKST is not transportation ETF for investors looking for exposure to airline, freight and railroad stocks. XKST provides exposure to "autonomous and connected vehicle technology, drones and drone technologies used for commercial and civilian applications, and advanced transportation tracking and transport optimization systems," according to State Street.XKST's 56 holdings span 15 industry groups, eight of which are from the technology sector. For investors looking to future-ize their transportation exposure, XKST makes a lot of sense."Technological innovation is fundamentally changing the concept of travel and transportation," said State Street. "A new era of transportation that could move people and goods faster, cheaper and more efficiently is emerging through autonomous vehicles, mobility sharing and drones. This innovation, illustrated below, will not only transform our way of life, but also provide a secular growth opportunity for investment portfolios."Todd Shriber does not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 15 Growth Stocks to Buy Under 15x Earnings * 7 Dark Horse Stocks That Deserve Your Attention in 2019 * 5 Disruptive Technologies That Are Moving Too Fast Compare Brokers The post 5 Transportation ETFs to Buy for a Road to Profits appeared first on InvestorPlace.

  • Norfolk Southern: Weak Carload Performance in Week 7
    Market Realist2 months ago

    Norfolk Southern: Weak Carload Performance in Week 7

    Weakness in US Rail Traffic Persisted for the Fourth Week(Continued from Prior Part)Weak carload trafficNorfolk Southern’s (NSC) rail freight traffic fell 3.4% YoY (year-over-year) in week 7. The company hauled 147,531 railcars during week

  • Norfolk Southern’s Rail Traffic Volumes Rebounded in Week 6
    Market Realist2 months ago

    Norfolk Southern’s Rail Traffic Volumes Rebounded in Week 6

    US Rail Traffic Improves Slightly, Downtrend Stabilizes in Week 6(Continued from Prior Part)Intermodal drove overall rail trafficAfter reporting a double-digit plunge in rail traffic volumes in the fifth week of 2019, Norfolk Southern (NSC) made a

  • ETF Trends2 months ago

    Transportation ETFs Reflect a Strengthening Economic Environment

    Transportation stocks and sector-related exchange traded funds have been gaining momentum, a bullish signal that the U.S. economy is on the mend after the broad market pullback last year and concerns over slowing growth. Year-to-date, the iShares Transportation Average ETF (IYT) increased 11.0%, SPDR S&P Transportation ETF (XTN) advanced 13.6%,  First Trust Nasdaq Transportation ETF (FTXR) rose 8.9% and U.S. Global Jets ETF (NYSEArca: JETS) gained 11.6%. The transportation sector is widely viewed as a gauge for economic activity since the companies transport the raw materials and goods that power the economy and manufacturing.

  • NSC Had the Worst Traffic Performance among Peers in Week 5
    Market Realist2 months ago

    NSC Had the Worst Traffic Performance among Peers in Week 5

    US Rail Traffic Downtrend Continued for a Second Consecutive Week(Continued from Prior Part)Carload traffic plunged drastically Norfolk Southern’s (NSC) rail freight traffic plunged 11.9% YoY (year-over-year) in the fifth week of 2019, the

  • Strong Q4 Earnings Lift Transport ETFs Higher
    Zacks2 months ago

    Strong Q4 Earnings Lift Transport ETFs Higher

    Strong results have pushed transportation ETFs higher in a month.

  • Weak Carload Performance Hurt Norfolk Southern’s Rail Traffic
    Market Realist2 months ago

    Weak Carload Performance Hurt Norfolk Southern’s Rail Traffic

    US Railroad Companies’ Traffic Volumes Slumped in Week 4(Continued from Prior Part)Rail traffic declineAfter registering strong double-digit rail traffic volume growth in Week 3, Norfolk Southern (NSC) reported a massive plunge in Week 4. The

  • Weak Intermodal Growth Slows CP’s Total Traffic Growth
    Market Realist3 months ago

    Weak Intermodal Growth Slows CP’s Total Traffic Growth

    US Railroads’ Traffic Continues to Grow(Continued from Prior Part)Weak intermodal traffic growthDue to weak intermodal traffic, Canadian Pacific Railway’s (CP) total rail traffic growth was much lower than rival Canadian National Railway’s

  • Norfolk Southern’s Rail Traffic Uptrend Continues
    Market Realist3 months ago

    Norfolk Southern’s Rail Traffic Uptrend Continues

    US Railroads’ Traffic Continues to Grow(Continued from Prior Part)Rail traffic volumesIn Week 3, Norfolk Southern’s (NSC) rail traffic volumes rose 10.5% YoY (year-over-year) to 153,801 units from 139,185, driven primarily by robust growth in

  • How Canadian Pacific’s Rail Traffic Trended in Week 1
    Market Realist3 months ago

    How Canadian Pacific’s Rail Traffic Trended in Week 1

    US Railroads Kick-Start 2019 with Strong Traffic Growth (Continued from Prior Part) ## Canadian Pacific’s rail traffic Canadian Pacific Railway (CP) reported 5% YoY total traffic volume growth in the first week of 2019. The company carried 43,636 railcars compared to 41,541 units in Week 1 of 2018. The company’s rail traffic growth was the second lowest among all of Class I railroad companies (XTN). Norfolk Southern (NSC) had the highest rail traffic gains of 15.8% during the week. On the other hand, Kansas City Southern (KSU) reported the lowest traffic gain of 1% for the first week of 2019. ## Carloads and intermodal traffic Canadian Pacific’s carload traffic grew 8.9% YoY to 29,576 compared to 27,165 units in the first week of 2018. The commodity groups excluding coal accounted for 81% of total carloads. Coal carloads contributed 19% to the total carloads. Commodity group traffic other than coal rose 8.4% YoY to 24,083 railcars in the week from 22,212 units in Week 1 of 2018. Moreover, coal carloads increased 10.9% YoY to 5,493 railcars from 4,953 units. Commodities excluding coal that reported notable volume growth in the first week included energy, potash, forest products, fertilizer and sulfur, chemicals, and plastics. Commodities that recorded a YoY decline in the volumes were metals, minerals, and automotive. In the first week, Canadian Pacific registered a YoY decline of 2.2% in intermodal traffic. During the week, the company hauled 14,060 containers and trailers compared to 14,376 units in the same week last year. Unlike other railroad companies, Canadian Pacific doesn’t report container and trailer traffic separately. Apart from Canadian Pacific, BNSF Railway and CSX (CSX) also reported a YoY decline in their respective intermodal units. Now, we’ll look at Kansas City Southern’s rail traffic performance. Continue to Next Part Browse this series on Market Realist: * Part 1 - US Railroads Kick-Start 2019 with Strong Traffic Growth * Part 2 - Norfolk Southern Was Top Traffic Volume Gainer in First Week * Part 3 - CSX Reported Strong Carload Traffic Growth in Week 1

  • InvestorPlace3 months ago

    With Delta Air Lines Stock, Fear Beats Value

    When it reports on Tuesday, Delta Air Lines (NYSE:DAL) will probably beat its earnings estimates because it has already marked them down. Delta sent the whole airline sector tumbling Jan.3, and its own stock dropped 10% within a few trading sessions, after estimating it would make just $1.25-1.30 per share during the December quarter. Analysts now expect Delta to beat that slightly, earning $1.31 per share on revenue of $10.83 billion. Until its pre-announcement, Delta had been the strongest player in a weak airline group, dropping just 4.5% over six months while the most popular industry ETF, the SPDR S&P Transportation XTN (NYSARCA:XTN) fell 8.5%. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Over the last year, Delta shares have shed 18% of their value. ### DAL Stock Investors Don't Like Competition On the surface Delta looks like a bargain with a price to earnings multiple of just 9.3 as trading opened Monday, and a market cap of $33 billion that's just three quarters its annual revenue, which should come in around $44 billion. * 10 A-Rated Stocks the Smart Money Is Piling Into But the entire airline group is cheap. Southwest Airlines (NYSE:LUV) sits at just 7.5 times trailing earnings, while American Airlines Group (NYSE:AAL) sells for 13 times earnings and United Continental Holdings (NYSE:UAL) sells for 10. Airlines are always threatening to become competitive, and investors hate competition, which can quickly turn black ink red. What caused Delta stock to turn down early this month was news that revenue per passenger mile would be up just 3% in December, while passengers boarded would be up 6.5%, the result of competition. The airline sector was ruined by competition in the 2000s with most major airlines, including Delta, declaring bankruptcy at one time or another. During that decade Delta merged with Northwest Air, and many analysts credit Northwest managers with turning Delta around. ### Worse Overseas for Delta The level of competition in the profitable U.S. market is manageable, but Delta also faces intense competition overseas from national airlines that are subsidized by their governments, especially from the Middle East. Delta CEO Ed Bastian recently complained that after buying Air Italy, Qatar Air subsidized its heavy entry into the U.S. market, violating international treaties. Qatar denies the charge. One way to fight back is through code sharing, putting the Delta name on flights by other airlines, and vice versa. Delta recently expanded into Africa in this way, through a code sharing deal with Kenya Airlines. Delta has also tried to fight back against subsidized international competitors with business class seats that fold out into beds and with its own weather technology that reduces turbulence but most people still choose airline tickets based entirely on price, which requires airlines to turn everything into an up-sell in order to find profit and winds up angering passengers. Comfort is especially important on international flights that can last 15 hours at a stretch. By adding small bits of room, and charging for them, Delta can raise its revenue per seat-mile, but passengers are aware of every class distinction within the coach cabin and complain loudly about it. ### The Bottom Line An airline seat that flies empty, like a hotel room that's unused, is lost revenue, so airline stocks are very sensitive to turbulence in either the domestic or international economy. This impacts Delta just like every other airline. Getting new, more reliable and fuel efficient or luxurious planes, doesn't change the equation, because other airlines can do the same. The fact that it has been nearly 10 years since lives were lost on a scheduled U.S. air flight is now assumed. Expect Delta and other airline stocks to remain cheap on a relative basis, and even become cheaper, as economic turbulence increases, whether results are impacted or not. Dana Blankenhorn is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write him at danablankenhorn@gmail.com or follow him on Twitter at @danablankenhorn. As of this writing he owned no shares in companies mentioned in this article. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Key Emerging-Market Stocks to Buy for Contrarian Investors * 7 Stocks at Risk of the Global Smartphone Slowdown * 7 Pharmaceutical Stocks That Just Raised Prices This Year Compare Brokers The post With Delta Air Lines Stock, Fear Beats Value appeared first on InvestorPlace.

  • Norfolk Southern Was Top Traffic Volume Gainer in First Week
    Market Realist3 months ago

    Norfolk Southern Was Top Traffic Volume Gainer in First Week

    Norfolk Southern (NSC) reported the highest traffic volume growth among all of the Class I railroads (XTN) for the first week of 2019. The company posted a 15.8% YoY increase in its rail traffic volumes driven primarily by robust growth in carloads and intermodal units. The Eastern US railroad company carried 126,263 total units compared to 109,066 units in the same week of the previous year.

  • DAL’s Transatlantic Focus to Drive Its Q4 Revenue per Seat Mile
    Market Realist3 months ago

    DAL’s Transatlantic Focus to Drive Its Q4 Revenue per Seat Mile

    Can Delta Air Lines Keep Its Streak Alive This Earnings Season? For the last few quarters, Delta Air Lines (DAL) has been strategically enhancing its capacity in more profitable routes of the transatlantic market while reducing the same across the Latin American and Pacific regions. Delta’s strategy of focusing on the transatlantic route has helped it improve its TRASM (total revenue per available seat mile).

  • Benzinga3 months ago

    This Transportation ETF Could Benefit From Air Freight, Logistics Exposure This Year

    Transportation stocks and exchange traded funds did not deliver for investors in 2018. The SPDR S&P Transportation ETF (NYSE: XTN), an equal-weight alternative to the cap-weighted Dow Jones Transportation Average Index, slid 17.3 percent last year, far outpacing the declines suffered by the transportation benchmark. The $146.38 million XTN follows the S&P Transportation Select Industry Index.

  • Strong Intermodal Growth Drove Union Pacific’s Rail Traffic Higher
    Market Realist3 months ago

    Strong Intermodal Growth Drove Union Pacific’s Rail Traffic Higher

    US Rail Traffic Saw Impressive Growth in the Last Week of 2018 (Continued from Prior Part) ## Intermodal traffic increased Rail traffic volumes for Union Pacific (UNP) rose 5.6% YoY to 133,086 units in Week 52 driven mainly by strong growth in intermodal units. In 2018, the company recorded a 3.6% YoY increase in railcar traffic. Its rail traffic gain was 0.1% lower than US railroad (XTN) companies’ overall 3.7% gain during the same period. In Week 52, Union Pacific’s intermodal traffic increased 7.3% YoY to 55,338 containers and trailers from 51,576 units in the same period of the previous year. The company carried 52,702 containers in the week compared to 48,787 containers in the same week in 2017. However, the railroad company’s trailer volumes contracted 5.5% YoY to 2,636 units compared to 2,789 units in Week 52 of 2017. Union Pacific’s intermodal volume gain was the third highest among all Class I railroad companies. Canadian National (CNI) topped its peers with growth of 9.6% followed by Norfolk Southern’s (NSC) 8.4% growth in Week 52. BNSF Railway was the only Class I railroad company to report a decline in its intermodal traffic, which fell 3.4%. ## Carload traffic Union Pacific reported a 4.4% YoY increase in its carload traffic in Week 52. The company hauled 77,748 railcars excluding intermodal units compared to 74,494 in the same period last year. Commodity groups excluding coal and coke posted a 5.5% YoY increase in traffic to 57,894 railcars from 54,870 railcars. Coal and coke traffic inched up 1.2% YoY in Week 52 to 19,854 carloads from 19,624 carloads in the same week of 2017. The commodity groups excluding coal and coke that reported notable volume growth in Week 52 included petroleum products, chemicals, metal products, and metallic ores. The commodity groups other than coal and coke that recorded YoY falls in volumes in Week 52 were nonmetallic minerals, forest products, and motor vehicles and equipment. Kansas City Southern (KSU) was the only Class I railroad company that reported a YoY fall in carload traffic in Week 52. The company’s carload traffic inched down 0.9%. Next, we’ll discuss Kansas City Southern’s rail traffic performance. Continue to Next Part Browse this series on Market Realist: * Part 1 - US Rail Traffic Saw Impressive Growth in the Last Week of 2018 * Part 2 - Canadian National Railway Was the Top Volume Gainer in Week 52 * Part 3 - Strong Carload Growth Drove Canadian Pacific’s Rail Traffic

  • Union Pacific Rose 6.6% in After-Market Trading on January 7
    Market Realist3 months ago

    Union Pacific Rose 6.6% in After-Market Trading on January 7

    Union Pacific Rose 6.6% in After-Market Trading on January 7 ## Union Pacific’s stock movement Union Pacific (UNP) is the largest Class I railroad in the United States by revenues. On January 7, the company’s shares rose 6.7% in after-market trading and touched $147.75. Union Pacific stock closed at $138.65 on January 7—marginally up 0.62% from its closing price of $137.79 on January 4. The euphoria in the stock was driven by the announcement of railroad industry veteran Jim Vena as Union Pacific’s COO—effective January 14. Investors should recall that Union Pacific hopped on the Precision Scheduled Railroading model in the fourth quarter. Market Realist thinks that Union Pacific will be the most watched railroad in 2019. ## Union Pacific’s new model Vena, who retired in June 2016, was Canadian National Railway’s (CNI) executive vice president and COO. He has a strong 40-year career at the railroad. Vena is seen as a disciple of famed railroader E. Hunter Harrison. Harrison is responsible for Precision Scheduled Railroading in North America. Vena will be responsible for the operational-related aspects at Union Pacific. He will be spearheading the railroad’s Unified Plan 2020, which was announced in October. Vena will report to Lance Fritz—Union Pacific’s chairman, president, and CEO. Regarding the announcement, Fritz said, “Unified Plan 2020 combines precision scheduled railroading principles with our own UP Way tools and best practices.” He also said, “We have been making excellent strides rolling out Unified Plan 2020, and Jim’s vast knowledge of the precision scheduled railroading model brings significant experience and expertise that will enhance the work already underway.” During Vena’s term at Canadian National Railroad, the company had the North American rail industry’s best operating ratio along with the best safety incident ratio in the company’s history. The US Class I railroad industry (XTN) has witnessed heavy cost-cutting in recent years. Union Pacific joins the fray along with Canadian National Railway, Canadian Pacific Railroad (CP), and CSX (CSX) which have been running their operations on the Precision Scheduled Railroading technique.

  • Canadian Pacific: Lowest Rail Traffic Volume Gainer in Week 51
    Market Realist3 months ago

    Canadian Pacific: Lowest Rail Traffic Volume Gainer in Week 51

    US Rail Freight Traffic Grew 4.2% in Week 51(Continued from Prior Part)Canadian Pacific’s rail traffic In week 51, Canadian Pacific Railway (CP) reported 0.1% YoY (year-over-year) total traffic volume growth—the lowest among all of the Class I railroad companies.

  • Intermodal Drove Union Pacific’s Traffic Volume in Week 50
    Market Realist4 months ago

    Intermodal Drove Union Pacific’s Traffic Volume in Week 50

    US Rail Freight Traffic Growth Trend Continues in Week 50(Continued from Prior Part)Intermodal traffic increased Union Pacific’s (UNP) rail traffic volumes increased 4% YoY to 177,787 units in week 50, mainly driven by strong growth in intermodal units and partially offset by a decline in carload traffic.