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Stock impact report

Why Transportation Stocks Are Falling Today [Yahoo! Finance]

Union Pacific Corporation (UNP) 
Last union pacific corporation earnings: 4/23 08:00 am Check Earnings Report
US:NYSE Investor Relations: up.com/investors
Company Research Source: Yahoo! Finance
Among the hardest-hit sectors are transportation companies , including Union Pacific (NYSE: UNP) Forward Air (NASDAQ: FWRD) , and Zim Integrated Shipping Services (NYSE: ZIM) , all losing ground. Forward and Zim, two stocks known for their volatility, are both down more than 14% as of 11 a.m. ET, while the more docile Union Pacific is off by 4%. The tariff announcement was expected, but the extent of the levies caught the market off guard. Assuming they remain in place, the tariffs appear designed to shift manufacturing from overseas locations to the United States. That could fundamentally impact the businesses of global shippers, including Zim and international logistics specialist Forward. One of the crown jewels of Union Pacific's portfolio is its railway that connects West Coast ports to the U.S. heartland. A significant change in import values could make those rail lines less valuable in the future. There are still a lot of unknowns about the policies and their impacts . Show less Read more
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