Trucking

Morgan Keegan is out with its report today on Ryder System (NYSE: R), maintaining Outperform. In its report, Morgan Keegan writes, "At 11x our 2012 earnings estimate and down 14% for the year thus far, we believe shares of Ryder do not reflect the fundamentals of the company and therefore...

Stifel Nicolaus is out with its report today on Quality Distribution (NASDAQ: QLTY), upgrading QLTY to Buy from Hold. In its report, Stifel Nicolaus writes, "We are upgrading tank truck carrier Quality Distribution from Hold to Buy based on valuation. Our 12-month target price for QLTY is $14 (or...

Stifel Nicolaus upgrades the following companies: RailAmerica (NYSE: RA), to Buy from Hold; F5 Networks (NASDAQ: FFIV), to Buy from Hold; Quality Distribution (NASDAQ: QLTY) to Buy from Hold.

The Hertz Corporation (NYSE: HTZ) today announced the expansion of its Global EV initiative to China. Hertz now offers EVs across the US in cities including New York, Washington, DC, San Francisco, Los Angeles, and in London, United Kingdom and other cities in Europe. To help build a market for...

Avis Budget Group, Inc. (Nasdaq: CAR) and I.D. Systems, Inc. (Nasdaq: IDSY) announced earlier that they have executed an agreement to deploy I.D. Systems' proprietary wireless vehicle management systems in Avis Budget's vehicle rental fleet. The agreement follows an extensive pilot program in which...

According to Morgan Keegan, Werner Enterprises (NASDAQ: WERN) is upgraded to Outperform. Morgan Keegan said that it is upgrading the shares WERN to Outperform. “WERN is trading at 14.5x our NTM EPS estimate of $1.46, which compares to its 10-year average of roughly 17x.” Werner Enterprises closed...

Morgan Keegan has upgraded Werner Enterprises (NASDAQ: WERN) from Market Perform to Outperform and has lowered the price target from $28 to $26.

Morgan Keegan has published a research report on USA Truck (NASDAQ: USAK) lowering the price target. In the report, Morgan Keegan wrote, "The company put out a press release announcing management's expectation of an EPS loss in 3Q11. We are lowering our third quarter estimate from $0.09 to ($0.15...

Werner Enterprises Inc (NASDAQ: WERN) was raised to "Outperform" from "Market Perform" at Morgan Keegan by equity analyst Chaz Jones

Morgan Keegan has lowered the price target on USA Truck (NASDAQ: USAK) from $17 to $13.50 and maintains its Outeprform rating.

Quality Distribution, Inc. (Nasdaq: QLTY) which operates the largest chemical bulk tank truck network and is the largest provider of intermodal tank container and depot services in North America, today announced that its wholly-owned subsidiary, Quality Distribution, LLC., has entered into a new 5...

This is your Benzinga news summary and traders' outlook for Monday, August 22, 2011, covering headlines from overnight and Monday's pre-market session. Today in domestic pre-market trading, U.S equity futures are trading higher. Also, the price of gold hit a new record high, as investors around...

Pre-open movers US stock futures are higher this morning. Futures on the Dow Jones Industrial Average surged 102 points to 10,922.00 and futures on the S&P 500 stock index rose 12.70 points to 1,136.20. Nasdaq 100 futures gained 27.75 points to 2,068.75. A Peek Into Global Markets Asian...

The possible purchase of Dollar Thrifty Automotive Group (NYSE: DTG) by Hertz Global Holdings (NYSE: HTZ) or Avis Budget Group (NASDAQ: CAR) heated up this weekend, as Dollar Thrifty said it wants final offers from the two companies by early October. Hertz and Avis have been conducting regulatory...

-Dollar Thrifty Automotive Group (NYSE: DTG) today announced that it has sent a letter to Hertz Global Holdings (NYSE: HTZ) and Avis Budget Group (NASDAQ: CAR) advising them of Dollar Thrifty's intention to solicit for submission in early October 2011 best and final definitive proposals regarding a...