(The Associated Press circulated the following on April 1.)
NEW YORK — Shares of most major railroads and package shippers jumped along with the broader market Tuesday, as the price of oil ended lower and a government report said diesel prices retreated last week.
Light, sweet crude for May delivery fell 60 cents to settle at $100.98 a barrel on the New York Mercantile Exchange after earlier falling as low as $99.55.
Here’s how shares of some leading companies ended the session:
Union Pacific Corp., up $2.57, or 2 percent, at $127.95.
Burlington Northern Santa Fe Corp., up $2.55, or 2.8 percent, at $94.77.
CSX Corp., up $2.22, or 4 percent, at $58.29.
FedEx Corp., up $5.04, or 5.4 percent, at $97.71.
United Parcel Service Inc., up $1.71, or 2.3 percent, at $74.73.