Trucking

Jefferies is initiating coverage of Werner Enterprises, Inc. (NASDAQ: WERN) with a Hold rating and $24 PT.

Jefferies is initiating coverage of JB Hunt Transport Services (NASDAQ: JBHT) with a Buy rating, $50/share price target (21% upside).

Jefferies is initiating coverage of Knight Transportation, Inc. (NYSE: KNX) with a Hold rating and a $19/share price target.

Jefferies is initiating coverage of Landstar System, Inc. (NASDAQ: LSTR) with a Hold rating and a $45/share price target.

Analysts at Wells Fargo upgrade Old Dominion Freight Line (NASDAQ: ODFL) from “market perform” to “outperform.” ODFL shares fell 0.15% to close at $32.43 yesterday. More Analyst Ratings here

Old Dominion Freight Line, Inc. (NASDAQ: ODFL) today announced the promotion of Kevin M. “Marty” Freeman to Senior Vice President of Sales and Cecil “Chip” E. Overbey, Jr. to Senior Vice President of Marketing, Pricing and Strategic Development. Mr. Freeman had been Vice President of Field Sales,...

J.P. Morgan is lowering its rating on Con-Way, Inc. (NYSE: CNW) from Neutral to Underweight “because we believe that cost pressures in 2011 are a meaningful risk to the strong margin improvement and EPS growth expectations we believe are reflected in the stock.” “While the LTL pricing story does...

JP Morgan has upgraded Werner Enterprises (NASDAQ: WERN) from Neutral to Overweight and has raised the price target from $24 to $28.

JP Morgan has downgraded Con-way, Inc. (NYSE: CNW) from Neutral to Underweight and has lowered the price target from $39 to $34.

Old Dominion Freight Line, Inc. (NASDAQ: ODFL) regrets to announce the passing of John B. Yowell, the Company's Executive Vice President and Chief Operating Officer, on December 30, 2010.

Hertz Global Holdings, Inc. (NYSE: HTZ) announced that Hertz Equipment Rental Corporation has acquired Forces, Inc.

Cusick's Corner The market has been in a choppy range and in spite of good economic news, no one seems to be in the mood to expand current positions until we get into the New Year. While the fundamentals demand that you are either long or wrong, this over exuberance of positive sentiment placed...

Old Dominion Freight Line (NASDAQ: ODFL) COO Passes Away

Kan.YRC Worldwide Inc. (Nasdaq: YRCW) has announced that Tom Gerke is joining the company as executive vice president and general counsel effective Jan. 3. He also will serve as secretary to the YRC Worldwide board of directors.