The Dow Jones Transportation Average DJT, -0.88% fell 1% in afternoon trade Monday, to pull back sharply from the previous session's record close, as weakness in trucking stocks offset strength in airlines. The Dow transports fell a lot further than its sister index, the Dow Jones Industrial Average DJIA, -0.35% which lost 54 points, or 0.2%. Among the biggest transport decliners, shares of Ryder System Inc. R, -4.01% were roiled for a 5.0% loss, C.H. Robinson Worldwide Inc. CHRW, -3.38% shed 4.0% and Kirby Corp. KEX, -2.82% slid 3.5%. Meanwhile, the index's 6 airline stocks were the only one of the 20 components that were gaining ground. The biggest gainers were JetBlue Airways Corp. shares JBLU, +2.40% which rallied 2.6%, and American Airlines Group Inc. AAL, +1.46% which hiked up 1.8%, as crude oil prices rose. Elsewhere, the broader stock market is taking a hit amid concerns over an escalating trade war. The Dow transports have tacked on 7.8% year to date while the Dow industrials has taken on 5.6%.
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