While the S&P 500 grew 0.2%, the Transportation sector (IYT) showed little movement during trading today.
Sino-Global Shipping America (SINO) was a major loser in the sector, falling 11.1% (-38 cents) to close at $3.05 with 120,969 shares moving. The stock traded in a range of $3.02 to $3.42.
Saia (SAIA) was a significant gainer in the sector, rising 7.3%. The stock closed at $17.97 with 616,022 shares moving. The stock traded in a range of $17.50 to $18.45. Share price is up 73 cents (4.2%) from $17.24 on March 28, 2012.
Celadon Group (CGI) rose 5.6% to close at $15.83, crossing its 50-day moving average of $15.41.
Genesee & Wyoming (GWR) rose 0.8% to close at $55, approaching its 50-day moving average of $55.31. It has also moved closer to its 200-day moving average of $57.45. Scorpio Tankers (RAIL) fell 1.3% to close at $7, moving closer to its 50-day moving average of $6.84. Also, the stock moved closer to its 200-day moving average of $21.97.