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Prestigious Awards, Leadership Changes, Acquisitions, Appointments, and Financial Results - Research Report on Old Dominion, YRC Worldwide, Heartland, Con-Way, and Arkansas Best

Editor Note: For more information about this release, please scroll to bottom.


News provided by

Analysts' Corner

Dec 27, 2013, 08:00 ET

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NEW YORK, December 27, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Old Dominion Freight Line Inc. (NASDAQ: ODFL), YRC Worldwide Inc. (NASDAQ: YRCW), Heartland Express, Inc. (NASDAQ: HTLD), Con-way Inc. (NYSE: CNW) and Arkansas Best Corporation (NASDAQ: ABFS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Old Dominion Freight Line Inc. Research Report

On November 14, 2013, Old Dominion Freight Line Inc. (Old Dominion) announced that Mastio & Company has honored the Company with the 2013 Mastio Quality Award, naming Old Dominion as the no.1 national less-than-truckload (LTL) carrier. "We're honored that the shipping public continues to hold Old Dominion in such high regards," said David Congdon, President and CEO of Old Dominion. "This award serves as a testament to the hard work and dedication of every Old Dominion employee, and reaffirms our commitment to deliver premium service." Old Dominion said that it is the only LTL carrier in the history of this prestigious annual ranking to top the list four years in a row. 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:

http://analystscorner.com/microwriter/link.php?s=DDD

http://www.analystscorner.com/r/full_research_report/e93c_ODFL

--

YRC Worldwide Inc. Research Report

On November 12, 2013, YRC Worldwide Inc. (YRC Worldwide) reported its Q3 2013 financial results with consolidated operating revenue of c.$1.3 billion, up 1.3% YoY. Consolidated operating income decreased to $5.8 million compared to $27.3 million in Q3 2012. Also, adjusted EBITDA on a non-GAAP basis declined to $62.4 million during the quarter from $78.8 million in Q3 2012. YRC Worldwide CEO and recently-appointed YRC Freight President James Welch commented, "Our third quarter performance was hindered by declines in service, manpower shortages and declines in yield. During the quarter, the YRC Freight network was 'out of cycle,' which caused our service to decline in certain lanes." He continued, "As a consequence of YRC Freight's performance, we made leadership changes in late September. Our renewed objective is to increase process discipline, execution and accountability at YRC Freight. Going forward, our focus will be on growing the business by aggressively pursuing new and profitable accounts while controlling our costs and improving our service levels." 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:

http://analystscorner.com/microwriter/link.php?s=

http://www.analystscorner.com/r/full_research_report/3149_YRCW

--

Heartland Express, Inc. Research Report

On November 11, 2013, Heartland Express, Inc.'s (Heartland) Board of Directors announced that it has acquired 100% of the stock of Gordon Trucking, Inc. of Pacific, Washington and certain associated assets in transactions valued at approximately $300 million. Commenting on the results, Michael Gerdin, Chairman, President, and CEO of Heartland said, "We searched for many years for the best fit to expand our capabilities for customers, our opportunities for drivers, and our growth for our stockholders. With GTI, Heartland acquires a major presence in the West, affording the combined customer base significant capacity nationwide through what is expected to be one of the five largest asset-based truckload fleets in North America. GTI has a well-earned reputation for superior customer service, with a modern fleet and a strong safety record." The Full Research Report on Heartland Express, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

http://analystscorner.com/microwriter/link.php?s=

http://www.analystscorner.com/r/full_research_report/7685_HTLD

--

Con-way Inc. Research Report

On November 14, 2013, Con-way Inc. (Con-way) announced that its subsidiary, Con-way Freight has appointed Stephen F. Dean as its Vice President of Sales. "Steve Dean is a respected sales professional who has developed and led innovative, successful sales organizations in both trucking and third party logistics," said Greg Lehmkuhl, President, Con-way Freight. "We're pleased to welcome Steve to the Con-way Freight team, and we look forward to his insight and leadership as we advance our sales organization to the next level." The Company informed that Mr. Dean has joined Con-way Freight from Ryder Supply Chain Solutions, where he served as senior vice president of sales, marketing and solutions management for all of Ryder's vertical industry markets since 2008. 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:

http://analystscorner.com/microwriter/link.php?s=

http://www.analystscorner.com/r/full_research_report/1784_CNW

--

Arkansas Best Corporation Research Report

On November 11, 2013, Arkansas Best Corp. (Arkansas Best) reported its Q3 2013 financial results, with revenue growth of 7.9% YoY to $623.4 million. Net income for the quarter totaled $14 million or $0.52 per share, compared to $6.5 million or $0.24 per share in Q3 2012. "This was our strongest quarter of the year thanks to the solid performance of our emerging businesses and a tonnage uptick for ABF Freight," said Arkansas Best President and CEO Judy R. McReynolds. "Going forward, we will continue with initiatives at ABF and all of our operating companies that will enable us to better serve our customers in the rapidly evolving transportation and logistics marketplace." 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:

http://analystscorner.com/microwriter/link.php?s=

http://www.analystscorner.com/r/full_research_report/790a_ABFS

----

EDITOR NOTES:

  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
  5. For any urgent concerns or inquiries, please contact us at [email protected].
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

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