Trucking Stocks on Investors' Radar -- Swift Transportation, Knight Transportation, J.B. Hunt Transport Services, and Werner Enterprises

NEW YORK, February 28, 2017 /PRNewswire/ --

Our research reports for this morning on Stock-Callers.com is directed to four Trucking stocks which are: Swift Transportation Co. (NYSE: SWFT), Knight Transportation Inc. (NYSE: KNX), J.B. Hunt Transport Services Inc. (NASDAQ: JBHT), and Werner Enterprises Inc. (NASDAQ: WERN). According to an article on Transport Topics, American Trucking Associations' chief economist, Bob Costello, expects the expansion of the US economy to continue in 2017, predicting that growth, which was just 1.6% in 2016, will rise to 2.3% this year and 2.7% in 2018. Costello also forecasts that the turnover rate in the Truckload sector, which was down between 80% and 84% in 2016, would rise this year. Learn more about these stocks by downloading their comprehensive and free reports at:

http://stock-callers.com/registration

Swift Transportation  

Arizona headquartered Swift Transportation Co.'s stock finished Monday's session 1.75% higher at $22.12 with a total trading volume of 2.02 million shares. Shares of the Company, which operates as a multi-faceted transportation services company in North America, are trading above their 200-day moving average by 7.60%. The stock has a Relative Strength Index (RSI) of 43.11.

On January 26^th, 2017, Swift reported operating revenue of $1.04 billion for Q4 2016 compared to revenue of $1.09 billion in Q4 2015. The Company posted operating ratio of 92.7% for Q4 2016 compared to 88.8% in Q4 2015. Swift recorded diluted EPS of $0.38 for Q4 2016. SWFT complete research report is just a click away and free at:

http://stock-callers.com/registration/?symbol=SWFT

Knight Transportation  

Shares in Arizona headquartered Knight Transportation Inc. rose 2.49%, ending yesterday's session at $32.95 with a total trading volume of 844,925 shares. The stock is trading 9.87% above its 200-day moving average. Shares of the Company, which together with its subsidiaries, operates as a short-to-medium haul truckload carrier of general commodities primarily in the US, have an RSI of 50.30.

On February 01^st, 2017, Knight Transportation announced that its Board of Directors has declared the Company's quarterly cash dividend of $0.06 per share of common stock. The Company's dividend is payable to shareholders of record on March 03^rd, 2017 and is expected to be paid on March 27^th, 2017.

On February 10^th, 2017, research firm Stifel upgraded the Company's stock rating from 'Sell' to 'Hold' while revising its previous target price from $28 a share to $29 a share. The complimentary report on KNX can be downloaded at:

http://stock-callers.com/registration/?symbol=KNX

J.B. Hunt Transport Services  

On Monday, Arkansas headquartered J.B. Hunt Transport Services Inc.'s stock climbed 0.30%, to close the day at $100.12. A total volume of 737,629 shares was traded. The Company's shares have advanced 1.61% in the last one month, 8.00% in the previous three months, and 3.38% on an YTD basis. The stock is trading 2.14% above its 50-day moving average and 15.71% above its 200-day moving average. Additionally, shares of J.B. Hunt Transport Services, which together with its subsidiaries, provides surface transportation and delivery services in the continental US, Canada, and Mexico, have an RSI of 54.94.

On February 27^th, 2017, J.B. Hunt announced that it has chosen ORBCOMM Inc., to equip its 90,000-plus intermodal and over-the-road trailing fleets with end-to-end tracking and monitoring. ORBCOMM will provide J.B. Hunt a comprehensive telematics solution that gives visibility to the location and status for multiple classes of trailing equipment. Each unit will be equipped with a solar-rechargeable GPS tracking device and a full-length sensor to determine the presence or absence of cargo inside the trailing unit. This solution will increase operational efficiency, reduce cargo theft, and decrease unauthorized use of assets. Sign up for your complimentary research report on JBHT at:

http://stock-callers.com/registration/?symbol=JBHT

Werner Enterprises  

Shares in Nebraska headquartered Werner Enterprises Inc. ended the day 1.26% higher at $28.15 with a total trading volume of 521,043 shares. The stock has gained 4.07% in the last one month, 4.57% in the previous three months, and 4.45% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 2.63% and 12.58%, respectively. Furthermore, shares of Werner Enterprises, which engages in transporting truckload shipments of general commodities in interstate and intrastate commerce in the US, Mexico, Canada, China, and Australia, have an RSI of 55.71.

On February 10^th, 2017, research firm Stifel upgraded the Company's stock rating from 'Sell' to 'Hold' while revising its previous target price from $25 a share to $28 a share.

On February 14^th, 2017, Werner announced that its Board of Directors declared a regular quarterly cash dividend of $.060 per common share payable to stockholders of record at the close of business on April 17^th, 2017. This dividend will be paid on May 02^nd, 2017. Werner has paid a quarterly cash dividend to its stockholders every quarter since July 1987. Get free access to your research report on WERN at:

http://stock-callers.com/registration/?symbol=WERN

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