Transportation and trucking stock indexes are constantly increasing and are doing so quite rapidly, especially over the last six months. This massive influx has really come to birth since the start of 2013.
The Dow Jones industrial average has grown nine percent in value to hit a record high over the past six months, which ended on March 11, 2013. The S&P 500 has inflated 8.9 percent. With that said, the transportation average has hit 20.6 percent and the S&P trucking surged to 24.3 percent.
UPS Inc. and FedEx Corp. both added to the increase in transportation average, along with four freight railroads and trucking companies.
A couple of non-asset based logistics services companies, C.H. Robinson Worldwide Inc. and Expeditors International of Washington Inc., posted recent declines right after earlier gains.
Many optimists out there say that the increases show…