The accompanying table (click to enlarge) presents 45 companies with market caps of at least $200M from each of the five new ETF Innovators global transport indexes, including a database of about 300 companies worldwide.

The Transport Composite Index is a dynamic, semi-active index with quarterly rebalancing which consists of 45 companies on an equal weight basis from each of the five global transport indexes listed below with the indicated number of top rated companies chosen from each index.

1.) Air Transport (five companies) – Allegiant Travel (ALGT)
2.) Maritime Transport (five companies) – Nordic American Tanker (NAT)
3.) Personal Transport (five companies) – Volkswagen (VLKAY)
4.) Trucking & Logistics (15 companies) – Marten Transport (MRTN)
5.) Railroad Industry (15 companies) – Burlington Northern (BNI)

Click on any of the links above to view the most recent article and component companies from each of the underlying transport indexes, which results in an alternative indexing strategy for the global transport sector by giving each company an equal weight status and choosing top rated companies from five new transport indexes.

The index of 45 companies posted a gain of 5.6% over the past year, compared to losses of about 26% for iShares Dow Tranports IYT), 38% for the S&P 500 SPDR ETF (SPY), and a loss of 33.5% for the PowerShares Progressive Transportation Portfolio (PTRP) since it began trading last September.

Transport companies in the U.S. should benefit both directly and indirectly from President-Elect Obama's plans to invest heavily in infrastructure spending as part of a plan to revive the overall economy and create at least 3M new jobs. Aside from the direct benefit to rail infrastructure companies such as L.B. Foster (FSTR) and Trinity (TRN), rail transport + trucking/logistics companies should also benefit from increased demand for their services to move around the basic materials used to build new bridges, roads, and other projects.