Transport Winners and Losers: JetBlue

Transportation stocks were generally stronger Thursday following a series of quarterly earnings from the group, but one notable decliner was UPS (UPS Quote), whose results disappointed Wall Street.

Rail company CSX (CSX Quote) was the best performer on the Dow Jones Transportation Average, gaining 5.7% to $30.50. Union Pacific (UNP Quote) was rising 4.4% to $49.79 after its first-quarter profit declined from a year earlier, but still exceeded the consensus forecast.

The results from Burlington Northern Santa Fe (BNI Quote) are due after the close, and ahead of the numbers the stock was advancing 2.6% to $68.16.

Overall, the transport index was up 0.4%.

Elsewhere, at GATX (GMT Quote), its profit for the latest quarter fell, though it also surpassed expectations. Its shares were up 4.5% to $24.33.

JetBlue (JBLU Quote), which had a quarterly profit and set plans for new routes, was rising 3.2% to $5.76. UPS, however, was down 3.2% to $52.99 following its earnings miss and downside forecast.

The worst stock was YRC Worldwide (YRCW Quote), which tumbled nearly 8% to $3.60 before its most recent numbers, scheduled for after the close of trading.