Swank Capital and Cushing® Asset Management Announce Rebalancing of The Cushing® Transportation Index

Swank Capital and Cushing® Asset Management Announce Rebalancing of The Cushing® Transportation Index

Dallas, Texas (September 22, 2017) Swank Capital, LLC, and Cushing® Asset Management, LP, announce today the upcoming rebalancing of The Cushing® Transportation Index (the “Index”) as part of normal index operations. After the markets close on September 29, 2017, the constituents of the Index will be rebalanced, and the following changes will become effective on October 2, 2017:

Cushing® Transportation Index constituents, effective October 2, 2017:

Company Name Ticker Index Weight Status
United Parcel Service, Inc. UPS 6.00% Existing
Matson, Inc. MATX 6.00% Existing
Delta Air Lines, Inc. DAL 6.00% Existing
C.H. Robinson Worldwide, Inc. CHRW 6.00% Existing
Ryder System, Inc. R 6.00% Existing
Union Pacific Corporation UNP 6.00% Existing
Norfolk Southern Corporation NSC 6.00% Existing
Alaska Air Group, Inc. ALK 5.67% Existing
CSX Corporation CSX 5.17% Existing
Expeditors International of Washington, Inc. EXPD 4.93% Existing
Kansas City Southern KSU 4.57% Existing
Southwest Airlines Co. LUV 3.15% Existing
FedEx Corporation FDX 3.10% Existing
American Airlines Group Inc. AAL 3.01% Existing
J.B. Hunt Transport Services, Inc. JBHT 2.99% Existing
Sunoco LP SUN 2.00% NEW
Alliance Resource Partners, L.P. ARLP 2.00% Existing
EnLink Midstream Partners, LP ENLK 2.00% Existing
DCP Midstream, LP DCP 2.00% Existing
Buckeye Partners, L.P. BPL 2.00% Existing
Andeavor Logistics LP ANDX 2.00% Existing
Tallgrass Energy Partners, LP TEP 2.00% Existing
Western Refining Logistics, LP WNRL 2.00% Existing
Western Gas Partners, L.P. WES 2.00% NEW
MPLX LP MPLX 2.00% Existing
Cone Midstream Partners LP CNNX 2.00% NEW
Alliance Holdings GP, L.P. AHGP 2.00% Existing
Landstar System, Inc. LSTR 1.41% NEW


Constituents removed, October 2, 2017:

Company Name Ticker
Energy Transfer Equity, L.P. ETE
Genesis Energy, L.P. GEL
Spectra Energy Partners, LP SEP


The Cushing® Transportation Index tracks the performance of widely held companies engaged in road, rail, marine and air transportation of cargoes and passengers, as well as master limited partnerships (MLPs) engaged in storage and transportation of oil, natural gas, coal and consumable fuels. Constituents of the Index are weighted based on current yield. The Index price level is calculated by S&P Dow Jones Indices and reported on a real-time basis under the Bloomberg ticker “CTRI”.


Cushing® Asset Management, LP (“Cushing”), a subsidiary of Swank Capital, LLC, is an SEC-registered investment adviser headquartered in Dallas, Texas. Cushing serves as investment adviser to affiliated funds and managed accounts which invest primarily in securities of MLPs and other natural resource companies.

Cushing is also dedicated to serving the needs of investors by sponsoring a variety of benchmarks, including The Cushing® 30 MLP Index (Bloomberg Ticker: MLPX), The Cushing® 30 MLP Market Cap Index (Bloomberg Ticker: CMCI), The Cushing® MLP High Income Index (Bloomberg Ticker: MLPY), The Cushing® Energy Index (Bloomberg Ticker: CENI), The Cushing® Energy Supply Chain Index (Bloomberg Ticker: CSCI) and The Cushing® Utility Index (Bloomberg Ticker: CUTI). For more information, please visit https://www.cushingasset.com/indices.


Judson Redmond



Source: Cushing® Asset Management, LP and Swank Capital, LLC

The Cushing® Transportation Index (the “Index”) is the exclusive property of Cushing Asset Management, LP, which has contracted with S&P Opco, LLC (a subsidiary of S&P Dow Jones Indices LLC) (“S&P Dow Jones Indices”) to calculate and maintain the Index.  S&P® is a registered trademark of Standard & Poor’s Financial Services LLC (“SPFS”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and, these trademarks have been licensed to S&P Dow Jones Indices. “Calculated by S&P Dow Jones Indices” and its related stylized mark(s) have been licensed for use by Swank Capital, LLC, and Cushing Asset Management, LP. Neither S&P Dow Jones Indices, SPFS, Dow Jones nor any of their affiliates sponsor and promote the Index and none shall be liable for any errors or omissions in calculating the Index.