The Transportation sector (IYT) showed little movement while the S&P 500 gained 2% during trading today.

The ETF, as a proxy for the sector, tracked closer to the overall market today than over the past month. Entering today's trading, IYT was down 3.4% over the last thirty trading days while the S&P 500 climbed 1.9%.

NewLead Holdings (NEWL) was a major loser in the sector. Its price dropped 13.7% (-13 cents) to close at 82 cents, as 24,166 shares moved. The stock traded between 68 cents and 94 cents.

Patriot Transportation (PATR) was a significant gainer in the sector, rising 11%. The stock closed at $25.73 with 4,827 shares moving. The stock traded in a range of $23.71 to $25.73. Over the last three months, the stock has gained $5.34 (26.2%) from a price of $20.39 on May 8, 2012. Air Methods Corporation (AIRM) was another big mover, climbing $5.43 (+5%) to a closing price of $114.

Hornbeck Offshore Services (HOS) rose 10.4% to close at $39.52, cross its 50-day moving average of $38.57 and 200-day moving average of $37.73. Capital Product Partners L.P (CPLP) declined 3.8% to close at $7.55, moving below its 50-day moving average of $7.71 and 200-day moving average of $7.59.

Nordic American Tanker Shipping (NAT) rose 7.6% to close at $11.77, approaching its 50-day moving average of $12.62. It has also moved closer to its 200-day moving average of $13.47. Eagle Bulk Shipping (DAC) fell 4.7% to close at $3.01, moving closer to its 50-day moving average of $2.99. Also, the stock moved closer to its 200-day moving average of $3.94.