During trading today, both the Transportation sector (IYT) and the S&P500 showed little movement.

While being down today, the ETF, as a proxy for sector performance, tracked closer to the overall market today than over the past month. Entering today's trading, IYT was up 2.3% over the last thirty trading days while the S&P 500 was down 4.2%.

Increasing 5.7% (+$1.05) to close at $19.45, United Continental Holdings (UAL) was a major gainer in the sector. Today, 7.7 million shares traded hands. The stock traded in a range of $18.29 to $19.60. The stock is down over the last two months, having fallen $4.73 (-19.6%) from a price of $24.18 on June 21, 2012.

Quality Distribution (QLTY) fell 3.3% to close at $10.07, crossing its 50-day moving average of $10.05. Meanwhile, US Airways Group (LCC) climbed 5.1% to close at $10.59, moving past its 200-day moving average of $10.22.

Delta Air Lines (DAL) rose 3.6% to close at $9.46, approaching its 50-day moving average of $9.83. It has also moved closer to its 200-day moving average of $10.16. J.B. Hunt Transport Services (JBHT) fell 1.5% to close at $54.57, moving down to 0.1% above its 200-day moving average of $54.54.

Swift Transportation Company (SWFT) was a major loser in the sector, falling 4% (-35 cents) to close at $8.41 with 1.2 million shares moving. The stock traded between $8.38 and $8.74. The stock has lost momentum over the last three months, losing $1.98 (-19.1%) from $10.39 on May 23, 2012.