The FinancialContent Network     SocialPicks Community   |   MarketMinute Monitor   |   MarketMinute Market Updates   |   MarketMinute Stock News
SocialPicks
   Sign Up   |   Log In   |   What is SocialPicks?     
Please sign up for SocialPicks site access - it's free!

A New Index of Global Trucking & Logistics Companies

 Nov 17, 2008 03:57 PM UTC
Mikerun
Return Risk
+1.04% LOW
Principal
Symbol Sentiment Start Return Closed
YRCW n/a
WERN n/a
IYT n/a
UTIW n/a
MRTN n/a
CHRW n/a

Graphic_arrow1 Via ETF Innovators, LLP:  


The accompanying table presents statistics and the top 10 rated companies in the ETF Innovators [ETFI] Global Trucking & Logistics Index. The trucking & logistics industry has posted strong results over the past year in spite of the weak global economy and has been aided by declining fuel prices, including gains of about 50% for Marten Transport (MRTN) and nearly 10% each for Werner Enterprises (WERN) and C.H. Robinson Worldwide (CHRW).

While the Top 10 rated companies posted gains over the past year, some of the laggards in the index such as UTi Worldwide (UTIW) and YRC Worldwide (YRCW) dragged down the average performance of all 44 companies to just in-line with the iShares Dow Transports (IYT) over the past year.





 Graphic_website1 Read the rest of original post »



Add Comment

Be the first to comment on this story and earn 2 points.

Your Comment



IN THE PRESS
Press_forbes Press_washingtonpost Press_wsj Press_npr Press_techcrunch