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Live Updates  >  Live Update Details

2025-08-02 09:16:29

[Tariff Shockwaves Hit, US Transportation Sector Suffers a Black Week] ⑴ Under the impact of Trump's tariff policies, the US transportation sector had a dismal week. ⑵ The Dow Jones Transportation Average closed down 2.21%, bringing its weekly decline to 7.70%. ⑶ This marked the index's worst weekly performance since market panic took hold in early April. ⑷ Financial reports from several transportation companies indicate that future operational challenges remain severe. ⑸ Among individual stocks, ArcBest fell 18.66% this week, and Old Dominion Freight Line Inc. fell 15.11%. ⑹ Saia fell 12.15% this week, and FedEx fell 10.73%. ⑺ Union Pacific Railroad fell 2.38% this week, marking its fourth consecutive week of decline. ⑻ Although Norfolk Southern fell 2.19% this week, its long-term trend has remained in an upward trend since April. ⑼ Market concerns about the tariff war are being reflected in the performance of specific sectors.

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