Economic Recovery, Higher Productivity & Improved Margins - Research Report on J.B. Hunt Transport Services, Swift Transportation, Con-Way, Old Dominion and Werner Enterprises
NEW YORK, March 15, 2013 /PRNewswire/ --
Today, Investors Alliance announced new research reports highlighting J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT), Swift Transportation Co (NYSE: SWFT), Con-way Inc (NYSE: CNW), Old Dominion Freight Line (NASDAQ: ODFL) and Werner Enterprises, Inc. (NASDAQ: WERN). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
J.B. Hunt Transport Services, Inc. Research Report
J.B. Hunt jumped 6 percent in recent trading, showing investor confidence on the mending economy. According to a report from Deutsche Bank analyst Justin Yagerman, trucking fleets will order 250,000 18 wheeler trucks in 2013, 9 percent more than 2012, highlighting potential growth for the sector. Aside from this, because of J.B. Hunt Transport's focus on intermodal growth, many are asserting that the company is well-positioned to take advantage of the economic recovery. Intermodals involve transportation of freight using multiple modes of transportation in order to reduce costs. Seeing the company's fair prospects, J.B. Hunt was upgraded to Outperform by Avondale Partners. The firm also significantly raised its price target on the shares of J.B. Hunt from 60 to 80. The Full Research Report on J.B. Hunt Transport Services, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/1ef3_JBHT]
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Swift Transportation Co Research Report
Swift Transportation is also one of the companies using intermodals to fuel its growth. The company added 2,500 intermodal containers to its fleet last year, helping the company grow intermodal revenue by 40 percent. Earlier this year, Moody's Investor Service upgraded Swift Transportation's corporate family rating to B1 from B2. Furthermore, the company's senior secured first lien bank credit facility raised two notches to Ba2 from B1. Moody's notes the company's progress in margin growth, cash flow generation and deleveraging during a period of stable demand. Going forward, Swift Transportation may benefit from continued investment in intermodal transportation, lower insurance costs and better fuel efficiency. The Full Research Report on Swift Transportation Co - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/0f92_SWFT]
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Con-way Inc Research Report
Con-way highlights its consistent operational execution and low driver turnover, factors that help the company deliver exceptional service while effectively managing costs. These measures are being taken to help the company further expand its margins in the coming year. Furthermore, like other trucking companies, Con-way is being favored by analysts. Deutsche Bank recently upgraded the company from Hold to Buy on improving manufacturing activity and a strengthening housing market. The firm also noted company-specific factors like better LTL performance and operational investments. Separately, Fitch has affirmed the ratings of Con-Way's IDR at BBB-, senior unsecured credit facility at BBB- and senior unsecured debt at BBB-. The Rating Outlook is also stable for the company. This reflects Con-way's strong less-than-truckload (LTL) segment and its solid liquidity position. The Full Research Report on Con-way Inc - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/a821_CNW]
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Old Dominion Freight Line Research Report
Old Dominion is currently investing $95 million in real estate purchases and expansion projects in 2013. The company states that by expanding its capacity, it will be able to serve more customers and markets and drive top-line growth. The company has recently relocated its Las Vegas and Cincinnati service centers, expanded its Montana service center and opened a service center in Tomah, Wisconsin. Aside from these, Old Dominion is investing $150 million for tractors, trailers and other equipment and $25 million for technology. These investments will be funded by cash flow from operations. Many are expecting strong profitable growth in the coming years as a result of these investments. The Full Research Report on Old Dominion Freight Line - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/b35e_ODFL]
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Werner Enterprises, Inc. Research Report
According to Todd Fowler, director and analyst at KeyBanc Capital Markets Inc., there is a great potential for companies like Werner Enterprises to deliver a surprisingly positive performance in the coming quarters, fueled by gains in manufacturing and housing. Furthermore, he asserts that as the trucking industry recovers, asset-heavy carriers offer more value for money because their "fixed-cost structures provide more earnings leverage compared to other companies that lease vehicles to other business and have higher variable costs." Aside from favorable trends and a strong business model, Werner Enterprises is diversifying its business to expand its Specialized Services unit. Initiatives to improve truck and driver productivity may also help the company perform well. Full Research Report on Werner Enterprises, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/93da_WERN]
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SOURCE Investors-Alliance
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