Dow Jones Transportation Index in the context of "Stock market index"

Play Trivia Questions online!

or

Skip to study material about Dow Jones Transportation Index in the context of "Stock market index"

Ad spacer

⭐ Core Definition: Dow Jones Transportation Index

The Dow Jones Transportation Average, (DJTA, also called the "Dow Jones Transports"), index ticker symbol DJT is a U.S. stock market index from S&P Dow Jones Indices of the transportation sector, and is the most widely recognized gauge of the American transportation sector. It is the oldest stock index still in use, being in use longer than its better-known relative, the Dow Jones Industrial Average (DJIA).

↓ Menu

>>>PUT SHARE BUTTONS HERE<<<
In this Dossier

Dow Jones Transportation Index in the context of Transport industry

The transport/transportation and logistics industry is a category of companies that provide services to transport people or goods. The Global Industry Classification Standard (GICS) lists transport below the industrials sector. The sector consists of several industries including logistics and air freight or airlines, marine, road and rail, and their respective infrastructures. Entire stock market indexes focus on the sector, like the Dow Jones Transportation Index (DJTA).

In the EU, the transport industry directly employs around 10 million people and accounts for about 5% of the gross domestic product (GDP). Logistics account for 10–15% of the cost of a finished product for European companies. On average 13.2% of every household's budget is spent on transport, which still depends heavily on fossil fuels and represents an important source of CO2 emissions. Emissions from road freight transport have risen by more than 20% since 1995, counterweighting the increased energy efficiency of vehicles.

↑ Return to Menu