What Is the Transportation Sector?
The transportation sector is a category of companies that provide services to move people or goods, as well as transportation infrastructure. Technically, transportation is a sub-group of the industrials sector according to the Global Industry Classification Standard (GICS). The transportation sector consists of several industries including air freight and logistics, airlines, marine, road and rail, and transportation infrastructure. These industries are further broken down into the sub-industries air freight and logistics, airlines, marine, railroads, trucking, airport services, highways and rail tracks, and marine ports and services.
- The transportation sector is an important industry sector in the economy that deals with the movement of people and products.
- These include companies such as airlines, trucking, railroads, shipping, and logistics firms, as well as those that provide transportation infrastructure.
- The Dow Jones Transportation Index (DJTA) was the U.S.’s first stock market index, and still tracks 20