Science Fair Project Encyclopedia
Dow Jones Transportation Average
The Dow Jones Transportation Average (DJTA) is the oldest U.S. stock market index. It was created on July 3, 1884 by Charles Dow, co-founder of Dow Jones & Company, as part of the "Customer's Afternoon Letter". At its inception, it consisted of eleven transportation-related companies: nine railroads and two non-rail. They were the following:
- Chicago & Northwestern Railway
- Union Pacific
- Delaware, Lackawanna & Western
- Missouri Pacific Railroad
- Lake Shore Railroad
- Louisville & Nashville Railroad
- New York Central Railroad
- Pacific Mail Steamship Company
- St. Paul Railroad
- Western Union
- Northern Pacific preferred
Components
Today (as of 2004), the index consists of the following 20 companies (weighted to adjust for stock splits and other factors):
- Alexander & Baldwin (ocean transportation)
- AMR Corporation, parent of American Airlines
- Burlington Northern Santa Fe Railway
- Continental Airlines
- C.H. Robinson Worldwide (logistics)
- CNF Incorporated (supply chain management)
- CSX Transportation (railroad)
- Delta Air Lines
- Expeditors International (logistics)
- FedEx
- GATX Corporation (rail and air transportation)
- JB Hunt Transport Services (truck transportation)
- Southwest Airlines
- Norfolk Southern (railroad)
- Northwest Airlines
- Ryder System (trucks & supply chain management)
- Union Pacific (railroad)
- United Parcel Service
- Yellow Roadway Corporation (truck transportation)
External links
10-26-2009 08:16:03
The contents of this article is licensed from www.wikipedia.org under the GNU Free Documentation License. Click here to see the transparent copy and copyright details
The contents of this article is licensed from www.wikipedia.org under the GNU Free Documentation License. Click here to see the transparent copy and copyright details