Trucking

Deutsche Bank has lowered the price target on Arkansas Best Corporation (NASDAQ: ABFS) from $27 to $24 and maintains its Hold rating.

Shares of Avis Budget Group, Inc. (NYSE: CAR) are lower on the session by 0.10%, currently trading at $19.18. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name today...

Zanett Inc (NASDAQ: ZANE) fell 28.95% to $0.8810 at 9:55 am. ZANE's trailing-twelve-month ROE is -27.09%. Avid Technology Inc (NASDAQ: AVID) shares moved down 14.59% to $18.21. AVID reported Q1 revenue at $166.3 million, versus $156.0 million, in the year-ago period. Arkansas Best Corporation (...

Avis Budget Group (NASDAQ: CAR) to sell $600 million of asset-backed bonds reports Bloomberg.

Jefferies has raised its price target on Landstar System Inc. (NASDAQ: LSTR) based on the company's inline 1Q results. In the report, Jefferies writes, “LSTR reported an inline 1Q with guidance that bracketed 2Q consensus. All operating lines were generally inline with expectations. We raised our...

Piper Jaffray, in its report highlighting current trends in the freight industry, also highlights its current favorites: J.B. Hunt Transport (NASDAQ: JBHT) and Hub Group (NASDAQ: HUBG) In the report, Piper Jaffray writes, “Week 15 Class I US rail intermodal vol moderated somewhat but we note that...

Jefferies & Company has raised the price target on Landstar System (NASDAQ: LSTR) from $45 to $48 and maintains its Hold rating.

Landstar (NASDAQ: LSTR) Guides Q2 EPS $0.56-0.61

J.P. Morgan, which raised its PT on shares of Heartland Express, Inc. (NASDAQ: HTLD), is providing some color on the stock. “On Wednesday morning, HTLD reported 1Q earnings of $0.16/ share, which is in line with our forecast of $0.16 and slightly better than Consensus of $0.15, although the...

Landstar Systems (NASDAQ: LSTR) Reports EPS of $0.43 vs. $0.42; Revenues $579.48M vs. $572.0M

Piper Jaffray is cutting its price target on shares of Knight Transportation (NYSE: KNX) to $21 from $22 after it reported earnings. It has a Neutral rating. In a note to clients, Piper Jaffray writes, "Yesterday before the market KNX reported 1Q11 EPS of $0.12 (-20.5% y-o-y) below our $0.17 est...

J.P. Morgan, which lowered its PT on shares of Knight Transportation Inc. (NYSE: KNX), is providing some color on the stock. “KNX's 1Q11 EPS was significantly below expectations due to a combination of factors including softness in the Western truckload market, rising fuel prices, and a variety of...

JP Morgan has raised the price target on Heartland Express (NASDAQ: HTLD) from $16 to $17 and maintains its Neutral rating.

JP Morgan has lowered the price target on Knight Transportation (NYSE: KNX) from $21 to $19 and maintains its Neutral rating.

Piper Jaffray has raised the price target on Werner Enterprises (NASDAQ: WERN) from $29 to $31 and maintains its Overweight rating.