Transportation Sector

What Is the Transportation Sector?

The transportation sector is a category of companies that provide services to move people or goods, as well as transportation infrastructure. Technically, transportation is a sub-group of the industrials sector according to the Global Industry Classification Standard (GICS). The transportation sector consists of several industries including air freight and logistics, airlines, marine, road and rail, and transportation infrastructure. These industries are further broken down into the sub-industries air freight and logistics, airlines, marine, railroads, trucking, airport services, highways and rail tracks, and marine ports and services.

Key Takeaways

  • The transportation sector is an important industry sector in the economy that deals with the movement of people and products.
  • These include companies such as airlines, trucking, railroads, shipping, and logistics firms, as well as those that provide transportation infrastructure.
  • The Dow Jones Transportation Index (DJTA) was the U.S.’s first stock market index, and still tracks 20 of the most important companies in the sector.

Understanding the Transportation Sector

The performance of companies in the transportation industry is highly sensitive to fluctuations in company earnings and the price of transportation services. Main factors affecting company earnings include fuel costs, labor costs, demand for services, geopolitical events, and government regulation. Many of these factors are interconnected. For example, if the U.S. government passes regulations that make it more difficult for people to earn their commercial drivers’ license, this will reduce the supply of drivers, driving up the cost of hiring drivers.

Oil prices are a key factor for transportation, as the commodity’s price generally has an influence on transportation expenses. Gas and fuel prices that rise will increase costs for a trucking company, eating into their profit and potentially reducing their stock price. A very real recent example of the effect of costs driving the price of transportation industry stock is the effect of the last few years’ low fuel prices helping to boost the value of airline stocks. Airline companies’ costs have been reduced by the low fuel prices, increasing profit margins and helping to put upward pressure the price of airline company stock.

Investing in the Transportation Sector

You can invest in companies that move people and products by buying shares of individual transportation companies, or through sector-specific mutual funds or exchange-traded funds (ETFs) that specialize in the transportation sector. The transportation sector is one of the most broadly diversified with industrial companies representing airlines, railroads, truckers, equipment and leasing stocks, and logistics companies. Funds that track this sector will track a benchmark sector index like the DJTA.

The Dow Jones Transportation Index

The Dow Jones Transportation Average (DJTA) is a price-weighted average of 20 transportation stocks traded in the United States. The DJTA is, in fact, the oldest U.S. stock index, first compiled in 1884 by Charles Dow, co-founder of Dow Jones & Company. The index initially consisted of nine railroad companies, a testament to their dominance of the U.S. transportation sector in the late 19th and early 20th centuries, and two non-railroad companies. In

What does automotive stand for? The Free Dictionary

Substantial progress in advancing automotive structural composites – especially via LCM – is being made by the Automotive Composites Consortium (ACC), Troy, Mich., the technology group formed by Ford Motor Co., General Motors Corp., and Chrysler Corp.
Applications: Automotive, electronics, aerospace, appliances
Previous efforts to develop the use of magnesium castings in automotive applications resulted in the USAMP Structural Cast Magnesium Development (SCMD) project’s successful redesign of the front cradle for the 2006 Chevrolet Corvette Z06 from cast aluminum to a cast magnesium design, resulting in a 35% weight reduction.
The growing demand for foreign vehicles will encourage other international automotive manufacturers to locate in Russia.
At CAI, students can pursue a three-year Business Administration Automotive Marketing diploma or, a four-year Bachelor of Applied Business Automotive Management Degree, both unique in Canada.
The company’s salary policy and the employee’s salary history: In evaluating this factor, the Tax Court considered Automotive‘s salary policy and Van Tuyl’s salary history.
The processing innovations technical session will include a joint paper by scientists from U.S.-based Linden Industries and Swiss-based Isotherm AG that reveals a new PU process for encapsulating sensitive automotive electronics and wires.
On a more basic level, Windows Automotive responds to the need for greater reliability in automotive software by adding “Automotive System Tools,” which include testing and development support tools designed to help developers create more stable and bug-free code.
In a recent Society of Automotive Engineers (SAE) publication, committee chairmen Martin Myers of Cummins Engine and Edward Vinarcik of Robert Bosch Corp.
A range of automotive sensing technologies appear to be inferior to automotive radar technology when it comes to delivering top notch efficiency and up-to-the-mark functionality in extreme weather conditions and challenging road infrastructure.
Automotive fuel containment is said to be a critical factor in vehicle safety.
Plastics in Automotive Fuel Systems 11-12 October 2005, Prague, Czech Republic

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Vehicle Taxes & Fees | Tax Administration

Vehicle Taxes & Fees | Tax Administration

Fairfax County, Virginia

 

CONTACT INFORMATION:

DTA is open 8:00 a.m. – 4:30 p.m. Monday through Friday. For your convenience, our full service counter is open until 6:30 p.m. on Thursdays for walk-in customers.

12000 Government Center Parkway, Suite 223
Fairfax, VA 22035

Juan Rengel, Division Director

WHAT WE DO

The Department of Tax Administration’s (DTA) Personal Property and Business License Division is responsible for the assessment of all vehicles normally garaged/parked in Fairfax County. Vehicles include cars, trucks, trailers, motorcycles, motor homes, buses, and mobile homes.

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IIS 8.5 Detailed Error – 500.0 – Internal Server Error

HTTP Error 500.0 – Internal Server Error

The page cannot be displayed because an internal server error has occurred.

Most likely causes:

  • IIS received the request; however, an internal error occurred during the processing of the request. The root cause of this error depends on which module handles the request and what was happening in the worker process when this error occurred.
  • IIS was not able to access the web.config file for the Web site or application. This can occur if the NTFS permissions are set incorrectly.
  • IIS was not able to process configuration for the Web site or application.
  • The authenticated user does not have permission to use this DLL.
  • The request is mapped to a managed handler but the .NET Extensibility Feature is not installed.

Things you can try:

  • Ensure that the NTFS permissions for the web.config file are correct and allow access to the Web server’s machine account.
  • Check the event logs to see if any additional information was logged.
  • Verify the permissions for the DLL.
  • Install the .NET Extensibility feature if the request is mapped to a managed handler.
  • Create a tracing rule to track failed requests for this HTTP status code. For more information about creating a tracing rule for failed requests, click here.

Detailed Error Information:

Module    FastCgiModule
Notification    ExecuteRequestHandler
Handler    php
Error Code    0x800700e9
Requested URL    http://localhost:8080/index.php
Physical Path    e:inetpubFairfaxindex.php
Logon Method    Anonymous
Logon User    Anonymous

More Information:

This error means that there was a problem while processing the request. The request was received by the Web server, but during processing a fatal error occurred, causing the 500 error.

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