It is amazing what an up-beat trading statement can do. Transport related shares have been stuck in the doldrums for a while, but all it took was for UK Mail to say it saw its highest ever daily volumes across its parcels and mail divisions in March, and it is jolly hockey sticks all round

UK Mail is the success story of the past seven days. Year-on-year volumes are up 11%; parcel volumes are up; mail volumes are up and the first three months of the year have been remarkably strong. All in all investing on the wheels delivering the internet shopping boom is a pretty good bet.

The share price had been trundling along, but the spike of this pretty good volume news is evident for all to see in this chart:

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The good news is it has helped our basket of eight transport shares hit a three month high, recouping all the losses of the past month:

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