Freight Transportation 4Q09 Preview (CSX, JBHT, WERN, KNX)

Analysts at Morgan Stanley (NYSE: MS) have released a preview of 4Q09 for the Freight Transportation industry.

Analysts expect a mixed earnings report from rails this quarter. The estimates for rails have been adjusted for fuel, traffic and macro trends. The key area of focus will be volume, productivity and pricing. Analysts expect a strong report from CSX Corporation (NYSE: CSX). Analysts have updated their United Parcel Services Inc. (NYSE: UPS) EPS estimate with the latest fuel prices and industry trends. Analysts expect 4Q09 results to outpace consensus with J. B. Hunt Transport Services Inc. (NASDAQ: JBHT), Werner Enterprises Inc. (NASDAQ: WERN) and Knight Transportation (NYSE: KNX) most likely to beat consensus estimates.