iShares Russell 2500 ETF
Ryder System Consolidates Position with New Maintenance Facility
On September 20, Ryder System announced the opening of a new full-service maintenance facility in Reading, Pennsylvania.
What Analysts Estimate for Major Truckload Carriers in 2018
A tax deduction for capital expenditures according to the new Tax Cuts and Jobs Act is a boon for the transportation industry.
Driver Shortage for Truckload Carriers and Q2 Employee Costs
The LTL (less-than-truckload) companies were nearly immune to the acute driver shortage faced by the US trucking industry until 2017.
How Major US Road Transporter Stocks Fared in 2018
In 2017, trucks hauled 10.8 billion tons of freight, representing 70.2% of all the domestic freight tonnage in the United States.
Analyst Recommendations for EXPD after Second-Quarter Earnings
Of the 14 analysts covering EXPD stock, ten of them have recommended a “hold,” and one has recommended a “buy.”
Analysts’ Recommendations for XPO Logistics before Q2 Earnings
Currently, 20 analysts are covering XPO stock. Four (20%) of them are bullish and have rated it a “strong buy.”
J.B. Hunt: Analysts Have a Divided View
J.B. Hunt has a consensus 12-month target price of $133.80 per share, which implies a return potential of 10.1% over the next 52 weeks.
C.H. Robinson: Solid Business Growth through Acquisitions
C.H. Robinson Worldwide (CHRW) went public in 1997. Soon after, the company went on an acquisition spree to further its business interests in new geographies.
This Road Carrier’s Capex Bucked the Trend in Q1 2018
JBHT’s capex as a percentage of revenues rose 4.5% YoY to 10.6% in the first quarter from 6.1% in the first quarter of 2017.
Comparing the Road Carriers’ First-Quarter Operating Margins
Schneider National’s operating margin grew 1.6% in the first quarter to 5.9% from 4.3% in the same quarter last year.
How Have Major US Truckload Carrier Stocks Trended in 2018?
The US truckload segment is highly fragmented. The segment is expected to witness a lot of merger and acquisitions in upcoming quarters.