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J.B. Hunt will inaugurate the earnings season for truck transportation stocks on April 11. The following note gives a brief earnings preview of three trucking companies, which will help us to understand the industry in a better fashion.
Arkansas Best (NASDAQ: ABFS)
Arkansas Best is a transportation holding company serving more than 98% of cities in the U.S. with populations of 30,000 or more. Through its main more »
J.P. Morgan is hosting its annual Transportation & Defense conference in New York City from Monday, March 4 through Wednesday, March 6. Traditionally, each investment bank on Wall Street hosts a conference dedicated to a unique market sector.
Specific to this week’s conference are public companies involved in aviation, transportation, and defense. With a growing chorus of pundits calling for a market pullback, I’m interested in reducing my more »
Buffett has many rules when it comes to investing but three of his most well-known criteria for investments are: easy-to-understand business, strong management team, and a good value. Heartland Express (NASDAQ: HTLD) meets this criterion; it is a top performer in its industry with a strong management team focused on employees, customers, and shareholders and its stock is selling close to a decade low.
Heartland Express is a short- more »
According to a filing with the SEC, a family trust managed by the spouse of Douglas Duncan purchased 2,600 shares of J.B. Hunt Transport Services (NASDAQ: JBHT) on Dec. 5 at an average price of $58.97. Duncan is a member of J.B. Hunt’s Board of Directors, and so this transaction had to be disclosed as insider trading. He had already owned 11,000 shares directly more »
According to a filing with the SEC, James Robo purchased 4,500 shares of J.B. Hunt Transport Services (NASDAQ: JBHT) on October 31 at an average price of $57.49. Robo, who became the new CEO of Nextera Energy earlier this year, serves on J.B. Hunt’s Board of Directors and so this transaction had to be disclosed as an insider buy. Insiders who purchase shares of their more »
No downturn here: J.B. Hunt Transport Services (NASDAQ: JBHT), the largest publicly traded American trucking company by market cap (at $6.4 billion), reported on Oct. 11 that during the third quarter of 2012 both its revenue and earnings had grown at double-digit rates compared to the third quarter of 2011. Revenue was up 11%, narrowly beating expectations; margins grew a bit, with earnings rising 14%, though this slightly more »
J.B. Hunt (NASDAQ: JBHT) is a holding company which operates as a surface transportation and delivery service company catering to its vast portfolio of customers stretching throughout continental United States, Canada, and Mexico. Its products and services include the transportation of full truckload freight and other delivery services. Its delivery services are made possible by its vast network of cross-dock service centers located throughout continental United States. J.B more »