Deutsche Bank Alert On Airfreight And Surface Transportation (UNP, JBHT, UPS)

Deutsche Bank is out with an industry alert on the Airfreight and Surface Transportation sector this morning, highlighting Union Pacific UNP, J.B. Hunt JBHT, and United Parcel Service UPS. In the report, Deutsche Bank states, "Last night after the close, transportation companies highlighted improving outlooks and strong free cash flow generation as JBHT (Buy, $40.73) and UPS (Buy, $74.29) announced increased dividend distributions and UNP (Buy, $93.60) announced a large buyback authorization. We believe share‐ holders will increasingly be rewarded by transportation companies over the coming year given a positive volume and pricing outlook."