Trucking

J.B. Hunt Transport Services, Inc., (NASDAQ: JBHT) announced fourth quarter 2010 net earnings of $57.9 million, or diluted earnings per share of 46 cents vs. 2009 fourth quarter earnings of $41.7 million, or 32 cents per diluted share. Total operating revenue for the current quarter was $1.02...

Dahlman Rose & Co. has a Buy rating and a $24 price target on shares of Knight Transportation (NYSE: KNX) after the company reported earnings. In a note to clients, Dahlman Rose writes, "Knight reported 4Q10 EPS of $0.17. However, the quarter included a non-cash $2.5 MM pre-tax ($2 MM after tax...

Knight Transportation, Inc. (NYSE: KNX) reported yesterday before the market 4Q10 continuing EPS of $0.19 (+22.6% y-o-y), “below Consensus $0.20 and our $0.21 estimates,” Piper Jaffray reports. “Downside to our estimates resulted from (1) greater purchased transportation costs (faster Brokerage...

Sterne Agee maintained its Knight Transportation (NYSE: KNX) $25 price target in a research report published today. Sterne Agee has previously given Knight Transportation a Buy rating. In the report, Sterne Agee states, "While the company claimed $0.19 because of accelerated stock vesting – we view...

Sterne Agee maintained its Werner Enterprises (NASDAQ: WERN) $27 price target and Buy rating in a research report published today. In the report, Sterne Agee states, "Buried within the company's operating metrics were solid continued improvements in utilization, pricing, and continued discipline...

Morgan Keegan is out with its report on Knight Transportation (NYSE: KNX), maintaining Market Perform and a $22 PT. In a note to clients, Morgan Keegan writes, "Knight reported 4Q10 EPS of $0.19, which was in-line with our estimate, missed the consensus of $0.20 and compared to last year's $0.16....

Jefferies is out with its report today on Knight Transportation (NYSE: KNX), reiterating Hold. In a note to clients, Jefferies writes, "Wednesday morning, KNX posted continuing 4Q EPS of $0.19 vs. consensus of $0.20 (5% miss) and our $0.21 estimate. Unlike in the rail reports earlier this week,...

USA Truck, Inc. (Nasdaq: USAK) today announced base revenue of $102.0 million for the quarter ended December 31, 2010, an increase of 19.8% from $85.1 million for the same quarter of 2009. The company incurred a net loss of $1.8 million ($0.17 per share) for the quarter ended December 31, 2010,...

Covenant Transportation Group, Inc.  (Nasdaq: CVTI) announced today financial and operating results for the fourth quarter and year ended December 31, 2010. Highlights for the fourth quarter included the following: Freight revenue of $136.6 million, an increase of 0.6% compared with the...

Knight Transportation (NYSE: KNX) reported revenue and earnings for the fourth quarter ended December 31, 2010. For the quarter, total revenue increased 12.2% to $188.3 million from $167.8 million for the same quarter of 2009. Revenue before fuel surcharge increased 9.8% to $158.0 million compared...

Eagle Bulk Shipping Inc (NASDAQ: EGLE) rose 3.99% to $4.17 in the pre-market session. EGLE claimed modest losses from Korea Line Corp. YRC Worldwide Inc (NASDAQ: YRCW) added 3.54% to $4.39 in the pre-market session. YRCW shares have dipped 81.36% over the past 52 weeks, while the S&P 500 index...

The Hertz Corporation (NYSE: HTZ) announces the launch of its Dealer Direct program, which provides used car dealers with an online wholesale marketplace to purchase late-model cars from Hertz's rental fleet. Hertz Dealer Direct provides auto dealers broader access to a wide selection of cars and...

Today, Hertz Global Holdings, Inc. (NYSE: HTZ) announced that it expects full-year 2010 adjusted pre-tax income and adjusted diluted EPS to “significantly beat” the high end of its guidance, Goldman Sachs reports. “Hertz expects 2010 Corporate EBITDA will ‘beat' the high end of its guidance range...

On CNBC's Fast Money, Joe Terranova explained that Delta Air Lines, Inc. (NYSE: DAL) was mentioned by Morgan Stanley, as one of the top trading ideas in 2011. He thinks that the airline sector is recovering, and he recommended Alaska Air Group, Inc. (NYSE: ALK) as a buy. Delta Air Lines (DAL)...

Piper Jaffray has published a research report on Heartland Express, Inc. (NASDAQ: HTLD) after the company reported lacking revenues in its 4Q earnings. In the report, Piper Jaffray writes "HTLD reported 4Q10 EPS (1/20/11) of $0.17 (43.9% y-o-y growth) which was in line with consensus and a penny...