The market has been looking to the financial sector for clues about the health of the economy and the strength of any pending recovery. But this is a departure from the past, mostly because of the group's role in the global economic meltdown that shook the markets last fall.

Historically speaking, other industries have offered more clues about the country's economic health, one of the best being transports.

Transports Are A Leading Indicator

Transports are considered early cycle indicators, with consumer and business spending quickly showing up in the group's results. So while the financials are squarely in the spotlight, the transports deserve some attention too in order to develop a more rounded view of the economic landscape.

Let's take a closer look at some major players operating in different segments of the transports sector.

Federal Express (

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