Think about that. New. All-Time. High. For the transports. The transports! When crude oil prices are pressing $112 a barrel. When the economy is limping along at an annualized growth rate of less than 2%. When the bears said we should be diving for cover.
The railroads have been killing it, and not just the likes of NSC, Union Pacific Corporation (NYSE: UNP) and CSX Corporation (NYSE: CSX). It's also the freight expeditors and truckers like C.H. Robinson Worldwide Inc. (Nasdaq: CHRW), Expeditors International of Washington (Nasdaq: EXPD), and Ryder System Inc.(NYSE: R).