Recognitions, Facility Relocations, Dividends, and Financial Results -
Research Report on YRC Worldwide, Con-way, Old Dominion, Arkansas Best, and
NEW YORK, November 8, 2013
NEW YORK, November 8, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting YRC
Worldwide Inc. (NASDAQ: YRCW), Con-way Inc. (NYSE: CNW), Old Dominion Freight
Line Inc. (NASDAQ: ODFL), Arkansas Best Corporation (NASDAQ: ABFS), and Werner
Enterprises Inc. (NASDAQ: WERN). Today's readers may access these reports free
of charge - including full price targets, industry analysis and analyst
ratings - via the links below.
YRC Worldwide Inc. Research Report
On October 22, 2013, YRC Worldwide Inc. (YRC Worldwide) announced that its
companies - YRC Freight, Holland, Reddaway and New Penn - were honored with a
2013 U.S. Environmental Protection Agency (EPA) SmartWay Excellence Award at
the Council of Supply Chain Management Professionals annual meeting in Denver.
Commenting on the award, James Welch, CEO of YRC Worldwide said, "YRC
Worldwide is honored to be recognized as one of the best environmental
performers of the 3000-plus SmartWay Partners. The SmartWay program has been
an invaluable resource for us and we have the utmost respect and appreciation
for their staff's leadership in drastically reducing the industry's emissions
output. Reducing our carbon footprint by handling freight more efficiently for
our customers continues to be a top priority for all of our YRC Worldwide
companies." Gina McCarthy, EPA Administrator added, "EPA is pleased to
recognize the 2013 SmartWay Excellence Award recipients. I commend YRC
Worldwide for its superior environmental performance and leadership in
advancing freight sector efficiency. Their commitment is helping lead the
freight industry to a more sustainable future." The Full Research Report on
YRC Worldwide Inc. - including full detailed breakdown, analyst ratings and
price targets - is available to download free of charge at:
Con-way Inc. Research Report
On October 30, 2013, Con-way Inc. (Con-way) released its Q3 2013 financial
results with revenue reported at $1.4 billion down 0.4% YoY. Operating income
for the quarter totaled $67.7 million, up 22.6% YoY. Net income stood at $30.6
million or $0.53 per diluted share for Q3 2013, compared to $25.3 million or
$0.45 per diluted share in Q3 2012. Commenting on the results, Douglas W.
Stotlar, Con-way's President and CEO, said, "Our less-than-truckload company
is consistently executing against its current initiatives of lane-based
pricing and line-haul optimization, both of which are on track and delivering
expected results. As we continue to invest in and deploy the next stages of
our plans, we expect further improvement." The Full Research Report on Con-way
Inc. - including full detailed breakdown, analyst ratings and price targets -
is available to download free of charge at:
Old Dominion Freight Line Inc. Research Report
On November 4, 2013, Old Dominion Freight Line, Inc. (Old Dominion) announced
the relocation of its Albuquerque Service Center to a larger facility to meet
the growing demand in the region. Lenore Hennie, Manager of the Albuquerque
Service Center said, "We're extremely proud of our state-of-the-art facility,
as it will allow us to continue to provide our customers with premium service.
The additional space will increase our efficiency while sustaining the
company's long-term growth both regionally and nationally." Old Dominion
stated that the service center located at 330 Airport Road in Albuquerque
provides direct service throughout much of New Mexico, including Albuquerque,
Santa Fe, Rio Rancho, Gallup, Los Lunas, Los Alamos, Grants, and Española. The
Full Research Report on Old Dominion Freight Line Inc. - including full
detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:
Arkansas Best Corporation Research Report
On October 25, 2013, Arkansas Best Corp. (Arkansas Best) announced that its
Board of Directors has declared a quarterly cash dividend of $0.03 per share
to shareholders of record of its common stock of $0.01 par value on November
8, 2013, payable on November 22, 2013. The Full Research Report on Arkansas
Best Corporation - including full detailed breakdown, analyst ratings and
price targets - is available to download free of charge at:
Werner Enterprises Inc. Research Report
On October 17, 2013, Werner Enterprises Inc. (Werner) reported its Q3 2013
financial results with revenues of $511.7 million, up 1.0% YoY. Trucking
revenues during the quarter declined by 1.4% YoY to $321.7 million. Net income
totaled $21.3 million or $0.29 per diluted share compared with $25.1 million
or $0.34 per diluted share in Q3 2012. The Company stated that its financial
position remains strong with $50.0 million debt outstanding and $752.7 million
stockholders' equity as of September 30, 2013. The Company added that during
Q3 2013, Werner purchased 212,300 shares of its common stock for a total cost
of $5.0 million. The Full Research Report on Werner Enterprises Inc. -
including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
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SOURCE Analysts' Corner
Contact: Joe Thomas CONTACT PHONE: +1-310-496-8071 (North America)
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