StockCall Scans JB Hunt and Swift: Trucking Companies Finish 2012 Strong
LONDON, January 30, 2013 /PRNewswire/ --
The trucking industry, within which JB Hunt Transport Services Inc. (NASDAQ: JBHT) and Swift Transportation Company (NASDAQ: SWFT) operate, seems to have enjoyed a strong finish to 2012. In light of this, StockCall analysts have concluded their technical analysis of JB Hunt and Swift, and these free reports can be accessed now by signing up at
http://www.stockcall.com/todaysopinions
American Trucking Association Figures
According to recently released figures from the American Trucking Association, December saw a 2.8 percent increase in the advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index, following a 3.9 percent rise in November. Nevertheless, there are concerns that the recent tax hikes could put a damper on consumer spending and constrain the first quarter of 2013.
4Q Swiftly Delivered
For the final quarter of 2012, Swift Transportation recently reported a 27 percent year-over-year increase in net income to $46.9 million with revenue up 7 percent. The results beat analysts' estimates and impressed the street as lower insurance costs and better fuel efficiency, among other things, contributed to the positive outcome. Sign up today and read the free comprehensive technical report on Swift at
http://www.StockCall.com/SWFT012813.pdf
J.B. Hunt Poised for a Great Start
Elsewhere in the industry, J.B. Hunt Transport Services lately announced fourth quarter earnings of $84 million, higher than last year's $72.6 million, with revenue up 11 percent to $1.34 billion. The addition of new accounts, cost containment efforts and higher load volume played a part in achieving the strong results. Register today and download the free report on J.B. Hunt at
http://www.StockCall.com/JBHT012813.pdf
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