Recognitions, Facility Relocations, Dividends, and Financial Results - Research Report on YRC Worldwide, Con-way, Old Dominion, Arkansas Best, and Werner
NEW YORK, November 8, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting YRC Worldwide Inc. (NASDAQ: YRCW), Con-way Inc. (NYSE: CNW), Old Dominion Freight Line Inc. (NASDAQ: ODFL), Arkansas Best Corporation (NASDAQ: ABFS), 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.
YRC Worldwide Inc. Research Report
On October 22, 2013, YRC Worldwide Inc. (YRC Worldwide) announced that its companies - YRC Freight, Holland, Reddaway and New Penn - were honored with a 2013 U.S. Environmental Protection Agency (EPA) SmartWay Excellence Award at the Council of Supply Chain Management Professionals annual meeting in Denver. Commenting on the award, James Welch, CEO of YRC Worldwide said, "YRC Worldwide is honored to be recognized as one of the best environmental performers of the 3000-plus SmartWay Partners. The SmartWay program has been an invaluable resource for us and we have the utmost respect and appreciation for their staff's leadership in drastically reducing the industry's emissions output. Reducing our carbon footprint by handling freight more efficiently for our customers continues to be a top priority for all of our YRC Worldwide companies." Gina McCarthy, EPA Administrator added, "EPA is pleased to recognize the 2013 SmartWay Excellence Award recipients. I commend YRC Worldwide for its superior environmental performance and leadership in advancing freight sector efficiency. Their commitment is helping lead the freight industry to a more sustainable future." The Full Research Report on YRC Worldwide Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/3149_YRCW]
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Con-way Inc. Research Report
On October 30, 2013, Con-way Inc. (Con-way) released its Q3 2013 financial results with revenue reported at $1.4 billion down 0.4% YoY. Operating income for the quarter totaled $67.7 million, up 22.6% YoY. Net income stood at $30.6 million or $0.53 per diluted share for Q3 2013, compared to $25.3 million or $0.45 per diluted share in Q3 2012. Commenting on the results, Douglas W. Stotlar, Con-way's President and CEO, said, "Our less-than-truckload company is consistently executing against its current initiatives of lane-based pricing and line-haul optimization, both of which are on track and delivering expected results. As we continue to invest in and deploy the next stages of our plans, we expect further improvement." 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.analystscorner.com/r/full_research_report/1784_CNW]
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Old Dominion Freight Line Inc. Research Report
On November 4, 2013, Old Dominion Freight Line, Inc. (Old Dominion) announced the relocation of its Albuquerque Service Center to a larger facility to meet the growing demand in the region. Lenore Hennie, Manager of the Albuquerque Service Center said, "We're extremely proud of our state-of-the-art facility, as it will allow us to continue to provide our customers with premium service. The additional space will increase our efficiency while sustaining the company's long-term growth both regionally and nationally." Old Dominion stated that the service center located at 330 Airport Road in Albuquerque provides direct service throughout much of New Mexico, including Albuquerque, Santa Fe, Rio Rancho, Gallup, Los Lunas, Los Alamos, Grants, and Española. The Full Research Report on Old Dominion Freight Line Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/e93c_ODFL]
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Arkansas Best Corporation Research Report
On October 25, 2013, Arkansas Best Corp. (Arkansas Best) announced that its Board of Directors has declared a quarterly cash dividend of $0.03 per share to shareholders of record of its common stock of $0.01 par value on November 8, 2013, payable on November 22, 2013. The Full Research Report on Arkansas Best Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/790a_ABFS]
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Werner Enterprises Inc. Research Report
On October 17, 2013, Werner Enterprises Inc. (Werner) reported its Q3 2013 financial results with revenues of $511.7 million, up 1.0% YoY. Trucking revenues during the quarter declined by 1.4% YoY to $321.7 million. Net income totaled $21.3 million or $0.29 per diluted share compared with $25.1 million or $0.34 per diluted share in Q3 2012. The Company stated that its financial position remains strong with $50.0 million debt outstanding and $752.7 million stockholders' equity as of September 30, 2013. The Company added that during Q3 2013, Werner purchased 212,300 shares of its common stock for a total cost of $5.0 million. The 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.analystscorner.com/r/full_research_report/ad39_WERN]
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SOURCE Analysts' Corner
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