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Dow Jones Transportation Average
From Wikipedia, the free encyclopedia
The Dow Jones Transportation Average (also called the "Dow Jones Transports;" DJTA) is the oldest U.S. stock market index. It was created on July 3, 1884 by Charles Dow, co-founder of Dow Jones & Company, as part of the "Customer's Afternoon Letter". At its inception, it consisted of eleven transportation-related companies: nine railroads and two non-rail companies. They were the following:
- Chicago, Milwaukee and St. Paul Railway
- Chicago and North Western Railway
- Delaware, Lackawanna and Western Railroad
- Lake Shore and Michigan Southern Railway
- Louisville and Nashville Railroad
- Missouri Pacific Railway
- New York Central Railroad
- Northern Pacific Railroad preferred stock
- Pacific Mail Steamship Company (not a railroad)
- Union Pacific Railway
- Western Union (not a railroad)
Today, the index consists of the following 20 companies (weighted to adjust for stock splits and other factors):
- Alexander & Baldwin, Inc. (ALEX) (shipping)
- AMR Corp. (AMR) (major airlines)
- Burlington Northern Santa Fe Corporation (BNI) (railroads)
- C.H. Robinson Worldwide, Inc. (CHRW) (air delivery & freight services)
- Con-Way, Inc. (CNW) (trucking)
- Continental Airlines, Inc. (CAL) (major airlines)
- CSX Corp. (CSX) (railroads)
- Expeditors International (EXPD) (air delivery & freight services)
- FedEx Corp. (FDX) (air delivery & freight services)
- GATX Corp. (GMT) (rental & leasing services)
- JB Hunt Transport Services, Inc. (trucking)
- JetBlue Airways Corp. (JBLU) (regional airlines)
- Landstar System, Inc. (LSTR) (trucking)
- Norfolk Southern Corp. (NSC) (railroads)
- Overseas Shipholding Group, Inc. (OSG) (shipping)
- Ryder System, Inc. (R) (rental & leasing services)
- Southwest Airlines, Inc. (LUV) (regional airlines)
- Union Pacific Corp. (UNP) (railroads)
- United Parcel Service, Inc. (UPS) (air delivery & freight services)
- Yellow Roadway Corp. (YELL) (trucking)
(last change September 16, 2005)