The

transportation

industry closed the day up 0.2%.

Frozen Food Express Industries

(

FFEX

),

FreeSeas Inc

(

FREE

),

China Southern Airlines Company

(

ZNH

), and

Navios Maritime Acquisition

(

NNA

) were all decliners today within the transportation industry with

FedEx Corporation

(

FDX

) being today's featured transportation loser. FedEx Corporation fell 88 cents (-1%) to $84.25 on average volume. Throughout the day, 2.9 million shares of FedEx Corporation exchanged hands as compared to its average daily volume of 3.6 million shares.

FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. It operates in four segments: FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services. FedEx Corporation has a market cap of $25.6 billion and is part of the

services

sector. The company has a P/E ratio of 16.8, above the average transportation industry P/E ratio of 16.7 and below the S&P 500 P/E ratio of 17.7. Shares are down 8.9% year to date as of the close of trading on Thursday.

TheStreet Ratings rates FedEx as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and poor profit margins.

On the positive front,

Grupo TMM S.A

(

TMM

),

TOP Ships Inc

(

TOPS

),

Scorpio Tankers Inc

(

STNG

), and

Excel Maritime Carriers

(

EXM

) were all gainers within the transportation industry with

CSX

(

CSX

) being today's featured transportation industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the transportation industry could consider

iShares Dow Jones Transportation

(

IYT

) while those bearish on the transportation industry could consider

ProShares UltraShort Industrials

(

SIJ

).

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