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Select transportation stocks churn higher

Sep. 07, 2016 12:03 PM ETDiana Shipping Inc. (DSX) StockCSX, DSX, KNX, CGI, DAL, USAK, SB, RRTS, UAL, NETI, AAL, PANLBy: Clark Schultz, SA News Editor12 Comments
  • Transportation stocks are solidly higher across select parts of the broad sector.
  • Some technical traders think the sector is on a breakout pattern, while analysts are honed in on conference presentations where Q3 updates are being spilled.
  • Notable gainers include Diana Shipping (DSX +8.3%), Scorpio Bulkers (SALT +7.5%), Safe Bulkers (SB +4.8%), and Panagaea Logistics Solutions (PANL +13.4%), Celadon Group (CGI +4.2%), USA Truck (USAK +3.5%), American Airlines Group (AAL +6.2%), United Continental (UAL +5.6%), Delta Air Lines (DAL +5.4%), CSX Corp (CSX +1.6%), and Roadrunner Transportation Systems (RRTS +2.1%), and Swift Transportation (SWFT +0.8%).
  • The Dow Jones Transportation Index is up 1.11% vs. slight declines for broad market averages.

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