Agreements, Appointments, Service Center Expansions, Upcoming Conference Calls, and Recognitions - Analyst Notes on Trinity, KCS, Old Dominion, CN and Werner
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NEW YORK, July 2, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Trinity Industries, Inc. (NYSE: TRN), Kansas City Southern (NYSE: KSU), Old Dominion Freight Line (NASDAQ: ODFL), Canadian National Railway Company (NYSE: CNI) and Werner Enterprises, Inc. (NASDAQ: WERN). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4355-100free.
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Trinity Industries, Inc. Analyst Notes
On June 27, 2014, Trinity Industries, Inc. (Trinity) announced that it has entered into an agreement with Meyers Steel Structures (Meyer) to acquire latter's assets for a purchase price of approximately $600 million. According to the Company, upon the completion of the transaction, Trinity will report revenue and earnings from Meyer and its operating results will be included in the Company's Energy Equipment Group. Meyer is expected to record full-year 2014 revenues of approximately $325 million. Timothy R. Wallace, Trinity's Chairman, CEO, and President, said, "With the acquisition of Meyer, Trinity builds a leadership position in the electric transmission and distribution industry and confirms its long-term commitment to the utility steel structures business." He added, "Meyer will fit very well within our portfolio of companies and supports our vision of being a premier, diversified industrial company. We are confident its addition will create enrichment opportunities that benefit our enterprise." The full analyst notes on Trinity are available to download free of charge at:
http://www.analystsreview.com/Jul-02-2014/TRN/report.pdf
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Kansas City Southern Analyst Notes
On June 27, 2014, Kansas City Southern (KCS) announced the appointment of Gary W. Jarboe as the Vice President of Mechanical Operations for its Kansas City Southern Railway Company (KCSR). KCS informed that prior to his new role, Jarboe served as a Director for commercial improvement for Bombardier Transportation and has over 40 years of transportation experience, in which he has held variety of operations leadership positions with Southern California Regional Rail Authority, Amtrak, and CSX Transportation. The Company informed that Mr. Jarboe will be coordinating with the leaderships of Kansas City Southern de Mexico, S.A. de C.V. (KCSM) and will report to Dave R. Ebbrecht, Executive Vice President and Chief Operating Officer. Mr. Ebbrecht said, "We are excited to have Gary's expertise to augment the mechanical team, especially as we continue to grow our asset base at record levels. His leadership will be important as we expand operations in both the U.S. and Mexico." The full analyst notes on KCS are available to download free of charge at:
http://www.analystsreview.com/Jul-02-2014/KSU/report.pdf
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Old Dominion Freight Line Analyst Notes
On June 23, 2014, Old Dominion Freight Line (Old Dominion) announced that it has completed the expansion of its Portland Service Center located at 185 Rand Road. The Company informed that the renovated service center consists of 43 doors, which is more than 60% of the original service center. Tony Batista, Manager of the Portland Service Center, said, "As Old Dominion's flagship Maine location, it's important to have enough space to deliver promises for all our customers, new and old alike. We're thrilled with our facility's recent overhaul - a clear reflection of the company's unwavering commitment to premium service." According to the Company, the service center provides direct service throughout Maine, including Sanford, Scarborough, South Portland, Auburn, Lewiston, Bangor, and Brunswick. The full analyst notes on Old Dominion are available to download free of charge at:
http://www.analystsreview.com/Jul-02-2014/ODFL/report.pdf
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Canadian National Railway Company Analyst Notes
On June 26, 2014, Canadian National Railway Company (CN) announced that it will issue its Q2 2014 financial and operating results on July 21, 2014 at 4:01 p.m. EDT. The Company informed that on the same day, its Senior Officers, led by Claude Mongeau, CN President and CEO, will review the results and the railway's outlook via a conference call at 4:30 p.m. EDT. The live webcast of the call, its replay and copy of the presentation slides will be made available at the Company's Investor Relations website. The full analyst notes on CN are available to download free of charge at:
http://www.analystsreview.com/Jul-02-2014/CNI/report.pdf
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Werner Enterprises, Inc. Analyst Notes
On June 24, 2014, Werner Enterprises, Inc. (Werner) announced that it has been named as a 2014 Top Green Provider by Food Logistics Magazine. According to the Company, the Top Green Providers list recognizes organizations that utilize products and services that successfully drive sustainability within the industry. Werner stated that it was recognized as an organization that consistently exceeds industry standards in its sector with products and services that drive sustainability. The Company has made significant contributions toward a cleaner, more energy-efficient environment by incorporating sustainability efforts into its business model. Werner claims that the Company has saved more than 100 million gallons of fuel since 2007 and reduced its carbon footprint by more than 1 million tons. The full analyst notes on Werner are available to download free of charge at:
http://www.analystsreview.com/Jul-02-2014/WERN/report.pdf
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