Morning Technical Insight on These Trucking Stocks -- J.B. Hunt Transport Services, Knight-Swift Transportation, Old Dominion Freight Line, and Ryder System

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Morning Technical Insight on These Trucking Stocks -- J.B. Hunt Transport Services, Knight-Swift Transportation, Old Dominion Freight Line, and Ryder System

PR Newswire

NEW YORK, April 25, 2018 /PRNewswire/ -- WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on JBHT, KNX, ODFL, and R which can be accessed for free by signing up to www.wallstequities.com/registration. Supply Chain Dive reported that Trucking shipments increased 0.9% month-to-month in March and 11.9% YoY to 1.209, while expenditures maintained the same level of growth month-to-month, with a 15.6% YoY increase, according to the Cass Freight Index. This morning, WallStEquities.com presents the following stocks to see how they have fared over the previous trading sessions: J.B. Hunt Transport Services Inc. JBHT, Knight-Swift Transportation Holdings Inc. KNX, Old Dominion Freight Line Inc. ODFL, and Ryder System Inc. R. All you have to do is sign up today for this free limited time offer by clicking the link below.

www.wallstequities.com/registration

J.B. Hunt Transport Services

Lowell, Arkansas headquartered J.B. Hunt Transport Services Inc.'s shares saw a decline of 1.59%, finishing Tuesday's trading session at $118.41. A total volume of 1.34 million shares was traded, which was higher than their three months average volume of 1.03 million shares. In the last month and over the past year, the stock has advanced 0.35% and 28.20%, respectively. The Company's shares are trading above their 50-day and 200-day moving averages by 0.22% and 8.86%, respectively. Moreover, shares of the Company, which together with its subsidiaries, provides surface transportation and delivery services in the continental US, Canada, and Mexico, have a Relative Strength Index (RSI) of 51.64.

On April 12th, 2018, research firm KeyBanc Capital Markets downgraded the Company's stock rating from 'Overweight' to 'Sector Weight'.

On April 19th, 2018, J.B. Hunt announced that its Board of Directors has declared a regular quarterly dividend on the Company's common stock of $0.24 per common share, payable on May 18th, 2018, to stockholders of record on May 04th, 2018. Get the full research report on JBHT for free by clicking below at:

www.wallstequities.com/registration/?symbol=JBHT

Knight-Swift Transportation Holdings

On Tuesday, shares in Phoenix, Arizona headquartered Knight-Swift Transportation Holdings Inc. recorded a trading volume of 3.10 million shares, which was above their three months average volume of 2.35 million shares. The stock ended the session 3.18% lower at $42.00. The Company's shares have gained 20.72% over the past year. The stock is trading 0.64% below its 200-day moving average. Furthermore, shares of Knight-Swift have an RSI of 30.17.

On April 09th, 2018, Knight-Swift announced that it expects to release its Q1 2018 earnings on April 25th, 2018, after market close. The Company will be holding a live conference call with analysts and investors at 4:30 p.m. EDT that same day to discuss its earnings release, the results of operations, and other matters.

On April 10th, 2018, research firm Goldman initiated a 'Neutral' rating on the Company's stock, with a target price of $47 per share. To experience our free membership services anytime/ anywhere and access the free report on KNX, click to register at:

www.wallstequities.com/registration/?symbol=KNX

Old Dominion Freight Line

Shares in Thomasville, North Carolina-based Old Dominion Freight Line Inc. closed at $142.36, down 4.12% from the last trading session. The stock recorded a trading volume of 813,990 shares, which was above its three months average volume of 605,490 shares. The Company's shares have gained 64.98% over the past year. The stock is trading 15.97% above its 200-day moving average. Additionally, shares of the Company have an RSI of 44.96.

On April 05th, 2018, Old Dominion announced plans to release its Q1 2018 financial results before opening of trading on April 26th, 2018. The Company will hold a conference call at 10:00 a.m. ET that same day to discuss its results and outlook. A real-time webcast of the quarterly conference call will be available on the Company's website.

On April 10th, 2018, research firm Goldman initiated a 'Neutral' rating on the Company's stock, with a target price of $144 per share. Join our big investor community at Wall St. Equities today and get your free report on ODFL at:

www.wallstequities.com/registration/?symbol=ODFL

Ryder System

Miami, Florida headquartered Ryder System Inc.'s stock ended 8.61% lower at $68.39. A total volume of 2.31 million shares was traded, which was above their three months average volume of 606,900 shares. The Company's shares are trading below their 50-day moving average by 8.33%. Furthermore, shares of Ryder System have an RSI of 37.91.

On April 03rd, 2018, Ryder System announced its acquisition of all outstanding equity of MXD Group, an ecommerce fulfillment provider with a national network of facilities, including last mile capabilities. The acquisition was completed on April 02nd, 2018 at a price of approximately $120 million. With this acquisition, the Company is now the second largest last mile delivery provider of big and bulky goods. Know more about R in our free research coverage at:

www.wallstequities.com/registration/?symbol=R

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