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 (December 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 December 29, 2017, the constituents of the Index will be rebalanced, and the following changes will become effective on January 2, 2018:

Cushing® Transportation Index constituents, effective January 2, 2018:

Company Name Ticker Index Weight Status
United Parcel Service, Inc. UPS 6.00% Existing
Matson, Inc. MATX 6.00% Existing
Ryder System, Inc. R 6.00% Existing
Delta Air Lines, Inc. DAL 6.00% Existing
C.H. Robinson Worldwide, Inc. CHRW 6.00% Existing
Union Pacific Corporation UNP 6.00% Existing
Norfolk Southern Corporation NSC 6.00% Existing
Alaska Air Group, Inc. ALK 6.00% Existing
CSX Corporation CSX 5.34% Existing
Expeditors International of Washington, Inc. EXPD 4.82% Existing
Kansas City Southern KSU 4.81% Existing
J.B. Hunt Transport Services, Inc. JBHT 3.02% Existing
FedEx Corporation FDX 2.95% Existing
American Airlines Group Inc. AAL 2.85% Existing
Southwest Airlines Co. LUV 2.80% Existing
Alliance Resource Partners, L.P. ARLP 2.00% Existing
Buckeye Partners, L.P. BPL 2.00% Existing
EnLink Midstream Partners, LP ENLK 2.00% Existing
DCP Midstream, LP DCP 2.00% Existing
Andeavor Logistics LP ANDX 2.00% Existing
Tallgrass Energy Partners, LP TEP 2.00% Existing
Western Gas Partners, L.P. WES 2.00% Existing
Spectra Energy Partners, LP SEP 2.00% NEW
Cone Midstream Partners LP CNNX 2.00% Existing
Energy Transfer Equity, L.P. ETE 2.00% NEW
Enterprise Products Partners, L.P. EPD 2.00% NEW
Summit Midstream Partners, LP SMLP 2.00% NEW
Landstar System, Inc. LSTR 1.41% Existing


Constituents removed, effective January 2, 2018:

Company Name Ticker
Alliance Holdings GP, L.P. AHGP
Boardwalk Pipeline Partners, L.P. BWP
Sunoco LP SUN


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 Swank Capital, LLC, and Cushing Asset Management, LP, which have 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 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.