United's $600M Volume Falls to 202nd Amid Logistics Sector Turbulence as UPS Slumps 0.18%

On October 6, 2025, United traded with a volume of $600 million, ranking 202nd among stocks by trading activity that day. The broader logistics sector saw mixed movements as UPS declined 0.18% amid sector-specific pressures

Recent developments highlight evolving dynamics in the transportation and supply chain management space. A regulatory update regarding cross-border freight policies introduced operational uncertainties for carriers. Meanwhile, macroeconomic indicators showed divergent trends in global cargo demand patterns, creating a nuanced environment for sector participants

Strategic adjustments by key industry players are drawing investor attention. A major competitor's announced restructuring of its international delivery network has triggered market speculation about potential industry-wide cost optimization measures. These developments create both competitive pressures and opportunities for operational differentiation

To carry out this study rigorously we need to pin down two key points first: 1. Universe definition • Which market(s) should the "top-500 by trading volume" be selected from? (e.g. all U.S.–listed common shares, only S&P 500 constituents, a specific country, etc.) 2. Basket back-testing method • The current back-test engine available to me evaluates one ticker at a time. – If the goal is to track the daily P&L of a 500-stock basket, we would need either a) a pre-computed index/ETF that already represents that basket, or b) an external file containing the basket’s daily returns that we can feed into the engine. Once we clarify those two items I can either: • Retrieve (or help you build) a proxy index/ETF and back-test its 1-day holding period, or • Guide you in supplying a daily basket-return file so we can run the performance statistics directly. Could you let me know which universe you have in mind and whether you can accept an index/ETF proxy (or provide daily basket returns) for the back-test?