Trucking

Wells Fargo Reported that it is initiating coverage on Ryder Systems (NYSE: R) with an Outperform rating. It is dropping research coverage on EPIQ Systems (NASDAQ: EPIQ), final rating is Outperform. Earnings estimates on Deere & Co (NYSE: DE) are revised up to $6.18 from $6.10 for FY2011....

Analysts at Wells Fargo initiate coverage of Ryder System Inc (NYSE: R) with an “outperform” rating. Ryder shares rose 0.50% to close at $49.97 yesterday. More Analyst Ratings here

Cusick's Corner Resistance is often strong after a big move. This market is now waiting for earnings season to kick off. Take a look at your portfolio, asses which stocks have earnings coming up and what sectors they are in, plus if their peers will start to announce earnings. That way if there...

JP Morgan recently met Hertz's (NYSE: HTZ) CEO and CFO with a group of investors. Overall, it heard incrementally more bullish comments on demand at HERC and rent-a-car (RAC), strengthened residuals, and a confident update on strategic initiatives around top-line growth and margin expansion. JP...

Shares of Hertz Global Holdings (NYSE: HTZ) are higher on the session by 0.25%, currently trading at $16.14. 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...

Jefferies is out with its report today on J.B. Hunt (NASDAQ: JBHT), previewing Q1: 11 earnings. In a note to clients, Jefferies writes, "For 1Q:11, we expect JBHT to report $0.39 EPS vs consensus of $0.38 and $0.29 in 1Q:10. Intermodal should continue to be a main driver of growth as we expect 15....

Shares of Arkansas Best Corporation (NASDAQ: ABFS) are higher on the session by 0.15%, currently trading at $26.16. The stock has been moving largely lower over the past six weeks and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name...

Orchid Cellmark Inc (NASDAQ: ORCH) shares jumped 38.06% to create a new 52-week high of $2.778. Laboratory Corporation of America (NYSE: LH) announced its plans to acquire ORCH for $85.4 million or $2.80 per share, representing a 40% premium over ORCH's closing price of $2 per share on Tuesday....

The indices all opened to the downside this morning on news that China raised interest rates overnight. The increase is China's fourth since October and is meant to curb increasing inflation. US markets are assessing the effect the hike will have on commodity prices and exports to the economic...

Stifel Nicolaus is out with its report today on Ryder System (NYSE: R), upgrading shares of R from Hold to Buy. In a note to clients, Stifel Nicolaus writes, "We are upgrading the shares of Ryder System from Hold to Buy based on 1) the trend to outsourcing of private fleets we see continuing, 2)...

Stifel Nicolaus has upgraded Ryder (NYSE: R) from Hold to buy and has established a $60 price target.

Ryder System, Inc. (NYSE: R) today announced it has completed the acquisition of the lease, rental and maintenance portfolio of B.I.T. Leasing Inc.. The acquisition was completed in two phases; the first phase completed in August 2010 and the final phase completed in March 2011. The acquisition...

YRC Worldwide (NASDAQ: YRCW) today announced that Phil J. Gaines has been named Senior Vice President and Chief Financial Officer of YRC Inc., the largest operating division of YRC Worldwide. Most recently, Mr. Gaines held the position of Senior Vice President-Finance for YRC Worldwide.

Trailer Bridge, Inc. (NASDAQ: TRBR) today reported audited financial results for its fourth quarter. The Company had revenue of $28.4 million during the quarter, compared to $30.7 million in the prior year Net loss for the fourth quarter of 2010 was $2.9 million, or $0.24 per basic and diluted...

Frozen Food Express Industries, Inc. (Nasdaq: FFEX)) announced that it has successfully entered into a new 4-year credit agreement with Bank of America. The agreement replaces its previous credit facility, which had been scheduled to mature September 2, 2011, and increases the borrowing capacity by...