Trucking

Piper Jaffray has raised the price target on JB Hunt (NASDAQ: JBHT) from $52 to $59 and maintains its Overweight rating.

At a recent meeting, the Board of Directors of Con-Way (NYSE: CNW) declared a cash dividend of $.10 per share on the company's common stock. The dividend is payable September 15, 2011 to shareholders of record on August 15, 2011.

Shares of J.B. Hunt Transport Services (NASDAQ: JBHT) are trading higher in the after-hours following the release of the company's Q2 earnings results. Currently, shares are higher by 0.06%, trading at $47.74; they ended the regular session lower by 0.54%, at $47.71. J.B. Hunt Transport Services...

Here are today's Put/Call Ratio leaders… 1. Dana Corp. (NYSE: DAN) 2,822 puts, 30 calls 2. YRC Worldwide (NASDAQ: YRCW) 2,862 puts, 325 calls 3. STEC Inc. (NASDAQ: STEC) 16,938 puts, 1,942 calls 4. Barclays Bank (NYSE: BCS) 8,414 puts, 981 calls 5. RadioShack Corp. (NYSE: RSH) 3,797 puts, 569...

J.P. Morgan is out with its report on Knight Transportation (NYSE: KNX), maintaining Neutral. In a note to clients, J.P. Morgan writes, "We continue to have a positive view of the truckload pricing cycle which should provide a constructive backdrop for KNX. However, based on the performance in 1Q...

Deutsche Bank is out with a research report on Arkansas Best Corp. (NASDAQ: ABFS) and trucking in general. It has a Hold rating on shares. In a note to clients, Deutsche Bank writes, "This morning, Ceridian and UCLA School of Management reported that the Ceridian-UCLA Pulse of Commerce Index...

Hertz (NYSE: HTZ) announced that it is rebranding its “car-sharing service to ‘Hertz On Demand,'” J.P. Morgan reports. “Although the initiative is indicative of HTZ's interest in growing its car-sharing program, we do not expect a material impact to Zipcar (NYSE: ZIP) in the near term,” J.P....

Dahlman Rose continued its Vitran (NASDAQ: VTNC) Buy rating and lowered its Vitran price target from $22 to $18 in a research report published today. In the report, Dahlman Rose states, "The worse-than-expected 2Q11 EPS guidance pre-announced by Vitran appears specific to the company and not...

POINT ROBERTS - July 12, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for July 11, 2011. Kandi Technolgies Corp. (NASDAQ: KNDI) soared 19.68% to $2.19 after the company said that it has signed an agreement...

Hertz (NYSE: HTZ) unveiled its strategy to redefine the car sharing experience and grow its business by lowering costs, enhancing member benefits, adding new vehicles and locations, and deploying the latest in-car and customer support technology. As part of the strategy, effective immediately,...

Goldman Sachs is out with its report today on Con-way (NYSE: CNW), maintaining Neutral. In a note to clients, Goldman Sachs writes, "We see positive risk-reward for CNW on the quarter, as channel checks suggest pricing continues to improve in LTL and variable cost control may be stronger than many...

Piper Jaffray is out with its report today on Knight Transportation (NYSE: KNX), maintaining Neutral. In a note to clients, Piper Jaffray writes, "We are updating our KNX estimates given the potential for operating costs to trend heavier in 2Q11 (similar to 1Q11) and the softness in the US Freight...

Piper Jaffray is out with its report today on Arkansas Best (NASDAQ: ABFS), raising its PT from $25 to $27. In a note to clients, Piper Jaffray writes, "We raised our 2Q11 EPS to $0.10 (up from a loss of $0.15) and our 2011 EPS is now $0.06 (versus a loss of $0.29 previously). Our 2012 EPS is $1....

Piper Jaffray has raised the price target on Arkansas Best Corporation (NASDAQ: ABFS) from $25 to $27 and maintains its Neutral rating.

Saia, Inc. (NASDAQ: SAIA) opened a new terminal today in Bloomington, IL. The 20-door facility is located at 902 Interstate Drive, Bloomington, IL 61704. The addition of this terminal brings the total number of Saia facilities serving the state to six, the number of personnel employed in Illinois...