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FY2016 Earnings Forecast for Old Dominion Freight Line Issued By KeyBanc

2016-01-07 09:36:04| Trucking - Topix.net

Old Dominion Freight Line - KeyBanc lowered their FY2016 earnings estimates for shares of Old Dominion Freight Line in a research note issued on Tuesday, according to Zacks Investment Research . KeyBanc analyst T. Fowler now anticipates that the firm will post earnings of $3.90 per share for the year, down from their prior forecast of $3.95.

Tags: line issued earnings forecast

 

11 freight train cars derail in east-central Kansas

2016-01-05 19:07:57| Railroads - Topix.net

Union Pacific Railroad said in a written statement that 11 of the train's 166 cars jumped the tracks around 5 p.m. Monday near the Linn County town of Parker.

Tags: cars train kansas freight

 
 

FedEx Freight Tries to Simplify Shipping Through Zip Code Based Rates

2016-01-03 15:51:13| Air Courier - Topix.net

FedEx, headquartered in Memphis TN, has announced a change in shipping rate calculations of freight shipments. Starting January 4, 2016, rates will be based on a zone chart using zip codes as its basis.

Tags: code based shipping rates

 

Jury returns $1.85M verdict favoring Central Freight Lines

2015-12-23 00:22:48| Trucking - Topix.net

A Texas state court jury in Rockwall County has returned a $1.85 million verdict in favor of Waco-based Central Freight Lines, finding that a local company breached its contract to provide Central Freight with workers' compensation insurance and claims administration services. Jurors found that Rockwall-based Trendsetter HR and its owner, D.W. Bobst, failed to honor the terms of the contract and wrongfully billed Central Freight for services and coverage that were never provided.

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Old Dominion Freight Line (ODFL) Earns Hold Rating from Analysts at Evercore ISI

2015-12-22 10:42:43| Trucking - Topix.net

Other analysts have also issued reports about the stock. Robert W. Baird decreased their price target on shares of Old Dominion Freight Line from $68.00 to $65.00 in a research report on Friday.

Tags: line rating hold analysts

 

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