Trucking

Ryder System (NYSE: R) today announced it has acquired Bradford, England-based Hill Hire plc, an independently run and wholly owned subsidiary of Lloyds Banking Group. Hill Hire is a UK market leader in commercial truck leasing, rental and maintenance, with a solid base of contractual customers....

Cusick's Corner The Chief spoke and the market was not impressed, but there was nothing said that was unexpected. Next issue is that the guidance coming out from various companies speaking at industry events has been even less inspiring. The market is getting into a more and more defensive mode...

Shares of Hertz Global Holdings, Inc. (NYSE: HTZ) are higher on the session by 0.74%, trading at $14.95. Overall put volume is now running at 9.35x the daily average, with 99% of all puts traded being purchases on the offer. 1,010 contracts have traded on the session so far. Hertz Global...

Zipcar Inc (NASDAQ: ZIP) shares fell 4.07% to create a new 52-week low of $21.70. ZIP's PEG ratio is -1.08. USA Truck Inc (NASDAQ: USAK) shares declined 0.54% to create a new 52-week low of $11.10. USAK's trailing-twelve-month ROE is -2.22%. Smith & Wesson Holding Corp (NASDAQ: SWHC) shares...

So this is what the fuss was all about.  YRCW is still losing money and yet resumes contributions to the Teamsters' pension plan instead of focusing its cash on operations.  Contributing $21mm per quarter is a meaningful chunk of the company's current burn rate and is precisely 21% of the new...

Credit Suisse initiated coverage of Quality Distribution (NASDAQ: QLTY) with a Neutral rating and a price target of $13. Credit Suisse named two reasons for its decision. The report states, "Our Two Main Arguments for Initiating with Neutral Are as Follows: 1) Leverage Profile. At just under 5-...

The stocks below are showing signs of, or already in the process of, breaking down as the smart money appears to be leaving them in a subtle manner. There are stocks trading at its peak and finally showing some vulnerability, while on the other extreme, there are stocks that have been in a channel...

Last Friday afternoon during market hours, Landstar System Inc. (NASDAQ: LSTR) conducted its regularly scheduled mid-2Q11 update call, Piper Jaffray reports. “Management reiterated its 2Q11 EPS guidance range of $0.56-$0.61 and targeted net operating margin of 42%,” Piper Jaffray writes. “Demand...

Deutsche Bank is reiterating its Buy rating and $54 price target on shares of Landstar System, Inc. (NASDAQ: LSTR). In a note to clients, Deutsche Bank writes, "We are reiterating our Buy-rating and $54 PT (20x our 2012 EPS estimate of $2.70/ share) ahead of today's 2PM mid-quarter conference call...

Below are the top mid-cap rental & leasing services stocks on the NYSE and NASDAQ in terms of cash. Wesco Financial Corporation (AMEX: WSC) had $2.74 billion in total cash and $64.90 million in total debt for the latest quarter. Hertz Global Holdings Inc (NYSE: HTZ) had $1.37 billion in total...

Shares of Avis Budget Group, Inc. (NYSE: CAR) are higher on the session by 1.05%, currently trading at $16.90. The stock has been moving largely higher over the past five months and is currently trading above the 200-day moving average. Options traders are buying puts on the name today. A short...

The Hertz Corporation (NYSE: HTZ) announced today the expansion of its Global EV initiative to Washington, D.C., adding all electric and plug-in hybrid electris vehicles, including the Chevy Volt and Nissan LEAF to its Union Station fleet. Hertz is making the next generation of electric vehicles...

Analysts at Nomura downgraded Vodafone Group Plc (NASDAQ: VOD) from “buy” to “neutral.” VOD's shares closed at $27.55 yesterday. Vodafone's PEG ratio is 3.42. Bank of America downgraded Knight Transportation Inc (NYSE: KNX) from “buy” to “neutral.” KNX's shares closed at $16.92 yesterday. Knight...

JP Morgan upgraded NTELOS Holdings Corp (NASDAQ: NTLS) from “neutral” to “overweight.” NTLS's shares closed at $19.05 yesterday. NTLS's PEG ratio is 0.45. Analysts at Bank of America upgraded Con-way Inc (NYSE: CNW) from “neutral” to “buy.” CNW's shares closed at $37.41 yesterday. Con-way's...

Bank of America Merrill Lynch is out with its report today on Knight Transportation (NYSE: KNX), downgrading KNX from Buy to Neutral. In a note to clients, Bank of America Merrill Lynch writes, "We are lowering our opinion on Knight Transportation's shares to Neutral from Buy and reduce our price...