Appointments, Record-breaking Deliveries, and Facility Expansions - Analyst Notes on Kirby, CN, Wabtec, Landstar and Old Dominion
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, June 6, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Kirby Corporation (NYSE: KEX), Canadian National Railway (NYSE: CNI), Wabtec Corporation (NYSE: WAB), Landstar System, Inc. (NASDAQ: LSTR) and Old Dominion Freight Line (NASDAQ: ODFL). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3379-100free.
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Kirby Corporation Analyst Notes
On June 3, 2014, Kirby Corporation's (Kirby) stock increased by 0.04% to close the trading day at $111.93 per share. Kirby's stock gained 4.70% over the past one-month trading period, compared to the Dow that marked an increase of 1.27% during the same time period. The full analyst notes on Kirby are available to download free of charge at:
http://www.analystsreview.com/Jun-06-2014/KEX/report.pdf
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Canadian National Railway Analyst Notes
On May 28, 2014, Canadian National Railway (CN) reported that its transportation of Western Canadian grain in the 2013-2014 crop year has now surpassed its prior historical record. According to CN, its deliveries to Western Canadian grain elevators in May are expected to average 5,500 carloads per week - a full 50% more than the eight-year historical average, and 38% more than the best-May ever. The Company stated that the figures exceed what it promised the Canadian government in mid-February, a full month before the government's order-in-council took effect requiring railways to move specific volumes. CN further said that the Company is aiming to move close to 6,000 hopper cars of grain weekly during this summer with its recently-introduced customer fleet integration plan, and the deployment in Canada of its temporarily surplus fleet of hopper cars used in U.S. service during the next three months. The full analyst notes on CN are available to download free of charge at:
http://www.analystsreview.com/Jun-06-2014/CNI/report.pdf
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Wabtec Corporation Analyst Notes
On May 14, 2014, Wabtec Corporation (Wabtec) announced the following appointments: Raymond T. Betler has been promoted to President and CEO, and was also named as the Company's Board of Directors; Albert J. Neupaver was named as Executive Chairman. Both appointments are effective immediately. "This is the next step in our ongoing succession planning process," remarked Neupaver. "As executive chairman, I look forward to continuing to work with Ray and his management team to support Wabtec's strategic growth initiatives, acquisitions and investor relations. Since joining Wabtec, Ray has played an important role in the growth and success of the company. I'm confident that his executive leadership capabilities and global, industry experience will help him succeed in his new position." The full analyst notes on Wabtec are available to download free of charge at:
http://www.analystsreview.com/Jun-06-2014/WAB/report.pdf
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Landstar System, Inc. Analyst Notes
On June 3, 2014, Landstar System, Inc.'s (Landstar) shares closed at $64.36, down by 1.50%. Over the past five days, the Company's shares increased 0.16%, while the Nasdaq Composite declined 0.07% during that same period. The full analyst notes on Landstar are available to download free of charge at:
http://www.analystsreview.com/Jun-06-2014/LSTR/report.pdf
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Old Dominion Freight Line Analyst Notes
On June 2, 2014, Old Dominion Freight Line (Old Dominion) announced the expansion of its Eugene Service Center by moving to a larger facility to accommodate new customers in Western Oregon. Old Dominion stated that the new facility is staffed with 18 employees and is 50% larger than the previous one - it contains 42 doors. Mike Deneen, Manager of the Eugene Service Center remarked, "We are thrilled to call this newly constructed facility home. The extra space will allow for continued growth in the region and allow Old Dominion to maintain its promise of premium service to our customers, new and old alike." The new facility is located at 90855 Roberts Road in Coburg. The full analyst notes on Old Dominion are available to download free of charge at:
http://www.analystsreview.com/Jun-06-2014/ODFL/report.pdf
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