Saturday, September 20, 2014

Top 5 Freight Stocks To Buy Right Now

Top 5 Freight Stocks To Buy Right Now: Heartland Express Inc (HTLD)

Heartland Express, Inc. (Heartland), incorporated on August 8, 1986, is a short-to-medium haul truckload carrier. The Company provides regional dry van truckload services through its regional terminals plus its corporate headquarters. The Company transports freight for shippers and generally earns revenue based on the number of miles per load delivered. The Companys primary traffic lanes are between customer locations east of the Rocky Mountains. The Company is a holding company of Heartland Express Inc. of Iowa, Heartland Express Services, Inc., Heartland Express Maintenance Services, Inc. and A & M Express, Inc. Heartland operates nine specialized regional distribution operations in Atlanta, Georgia; Carlisle, Pennsylvania; Chester, Virginia; Columbus, Ohio; Jacksonville, Florida; Kingsport, Tennessee; Olive Branch, Mississippi; Phoenix, Arizona, and Seagoville, Texas. The Company operates maintenance facilities at all regional distribution operating centers along wit h shop only locations in Fort Smith, Arkansas and OFallon, Missouri. In November 2013, Heartland Express Inc acquired 100% of the stock of Gordon Trucking, Inc.

The Companys operations department is responsible for maintaining the continuity between the customers needs and Heartlands ability to meet those needs by communicating customers expectations to the fleet management group. They are charged with development of customer relationships, ensuring service standards, coordinating proper freight-to-capacity balancing, trailer asset management, and daily tactical decisions pertaining to matching the customer demand with the appropriate capacity within geographical service areas. They assign orders to drivers based on well-defined criteria, such as driver safety and United States Department of Transportation (the DOT) compliance, customer needs and service requirements, on-time service, equipment utilization, driver time at home, operational effi! ci ency, and equipment maintenance needs. Fleet management is r! esponsible for driver management and development. Their responsibilities include meeting the needs of the drivers within the standards that have been set by the organization and communicating the requirements of the customers to the drivers on each order to ensure successful execution. Serving the short-to-medium haul market (500 miles average length of haul in 2012) permits the Company to use primarily single, rather than team drivers and dispatch loads directly from origin to destination without an intermediate equipment change other than for driver scheduling purposes.

Advisors' Opinion:
  • [By Ben Levisohn]

    Heartland Express (HTLD) has dropped 2.2% to $19.12 after it was cut to Hold from Buy at Stifel Nicolaus.

    Allergan (AGN) was upgraded to Outperform from Market Perform at Wells Fargo.

  • source from Top Penny Stocks For 2015:http://www.topstocksforum.com/top-5-freight-stocks-to-buy-right-now.html

No comments:

Post a Comment