Struggles Continue for the Trucking Industry in 2012
Five Star Equities Provides Stock Research on YRC Worldwide and J.B. Hunt Transport Services
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 04/30/12 -- The Trucking Industry struggles look to continue in 2012. The American Trucking Association recently stated that the industry is expected to haul more freight than last year, but the pace of growth would most likely be slower than in 2010 and 2011. "March tonnage, and the first quarter overall, was reflective of an economy that is growing, but growing moderately," ATA Chief Economist Bob Costello said in a release. "The pace of freight definitely slowed from the torrid pace in late 2011." Five Star Equities examines the outlook for companies in the Trucking Industry and provides equity research on YRC Worldwide, Inc. (NASDAQ: YRCW) and J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT).
Access to the full company reports can be found at:
The ATA last week reported that the Truck Tonnage Index rose 0.2 percent in March, a decline from the 0.5 percent in February. The index when compared with March 2011 rose 2.7 percent, which makes it the smallest year-over-year-increase since December 2009. According to Costello economic indicators show tonnage will increase going forward but not at the pace of the past two years (5.8 percent). "Expect tonnage overall this year to be up at a more moderate rate, perhaps less than 3%, which is more in-line with normal growth," stated Costello.
Five Star Equities releases regular market updates on the Trucking Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at and get exclusive access to our numerous stock reports and industry newsletters.
YRC Worldwide, a U.S. trucking company who avoided bankruptcy in 2009, has appealed for leniency from its lenders. The company wishes to alter terms of a loan agreement made last year so they may able to fulfill the financial requirements. If YRC cannot work out a deal and fail to meet requirements, its lenders could force the company to speed up payment of its debts.
J.B. Hunt Transport Services provides transportation and delivery services in the continental United States, Canada, and Mexico. Their Board of Directors recently declared a quarterly dividend on its common stock of $.14 per common share, payable to stockholders of record on May 11, 2012. The dividend will be paid on May 25, 2012.
Five Star Equities provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. Five Star Equities has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at:
Contact:
Five Star Equities
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 30.04.2012 - 06:20 Uhr
Sprache: Deutsch
News-ID 1108451
Anzahl Zeichen: 0
contact information:
Contact person:
Town:
NEW YORK, NY
Phone:
Kategorie:
Investment Services & Trading
Anmerkungen:
Diese Pressemitteilung wurde bisher 144 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Struggles Continue for the Trucking Industry in 2012
"
steht unter der journalistisch-redaktionellen Verantwortung von
Five Star Equities (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
