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Friday Sector Laggards: Shipping, Transportation Services
Friday, August 31, 12:18 PM ET

In trading on Friday, shipping shares were relative laggards, down on the day by about 1.4%. Helping drag down the group were shares of Genco Shipping & Trading, off about 4.8% and shares of Danaos off about 4.4% on the day.

Also lagging the market Friday are transportation services shares, down on the day by about 1.3% as a group, led down by PHI, trading lower by about 9.6% and International Seaways, trading lower by about 4%.

For MarketNewsVideo.com, I'm Sayoko Murase.

Friday Sector Laggards: Shipping, Transportation Services
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