Transport Investor News - 7 July 2025
Wishing everyone a good day. Today we focus specifically on stock prices in the US and New Zealand - as well as EFTs. Let’s jump straight in!
Global Transport Stocks
Union Pacific (NYSE:UNP): Closed at $237.03, up 0.62%, with extended trading showing a slight bump.
United Parcel Service (NYSE:UPS): Rose 1.02% to $105.54, though dipped slightly in after-hours trading.
These gains reflect modest investor confidence in logistics and freight, possibly tied to stable fuel prices and summer shipping demand.
New Zealand Transport Sector
Air New Zealand (NZX:AIR): Dropped 0.85% to $0.58, likely reflecting cautious sentiment around travel demand.
Move Logistics Group (NZX:MOV): Held steady at $0.186, with no trades recorded during the session.
Broader NZX transport-related stocks showed mixed movement, with some ETFs and logistics firms posting minor gains or losses.
ETF Highlights
iShares Transportation Average ETF (IYT): Tracks major transport players across rail, air, and trucking. Performance was stable, reflecting sector-wide resilience.
Good to see there is some resilience and stability in the transport sector at the moment.
Till next time.
Andrew