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Freight Slowdown Will Drive More Mergers & Acquisitions

2015-10-08 21:08:26| Air Courier - Topix.net

Trucking companies are bracing for a slowdown in their business, with many looking to mergers and acquisitions for growth instead, according to reports this week in The Wall Street Journal. Private trucking and logistics executives do not expect large contractual rate increases, and demand in the spot market has been soft this month, according a quarterly private trucking conference call hosted by analysts at Cowen and Co.

Tags: drive acquisitions freight mergers

 

Weekly Investment Analysts' Ratings Changes for Old Dominion Freight Line

2015-10-08 09:46:10| Trucking - Topix.net

10/6/2015 - Old Dominion Freight Line was downgraded by analysts at Zacks from a "hold" rating to a "sell" rating. According to Zacks, "Old Dominion Freight Line, Inc. is an inter-regional and multi-regional motor carrier transporting primarily less-than-truckload shipments of general commodities, including consumer goods, textiles and capital goods to a diversified customer base.

Tags: line ratings investment weekly

 
 

Bosch and SBB Cargo working on connected rail freight wagon; leveraging automotive technology

2015-10-07 12:55:52| Green Car Congress

Tags: technology working automotive connected

 

Old Dominion Freight Line Stock Rating Reaffirmed by RBC Capital

2015-10-04 15:48:36| Trucking - Topix.net

's stock had its "outperform" rating restated by equities researchers at RBC Capital in a research report issued to clients and investors on Tuesday, StockTargetPrices.com reports. They currently have a $83.00 price target on the stock.

Tags: line rating stock capital

 

Old Dominion Freight Line Receives New Coverage from Analysts at Bank of America

2015-10-02 23:49:22| Trucking - Topix.net

A number of other brokerages have also issued reports on ODFL. Stifel Nicolaus upgraded Old Dominion Freight Line from a "hold" rating to a "buy" rating and set a $80.00 price objective for the company in a research report on Monday, June 29th.

Tags: of line america bank

 

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