March 14, 2013 at 10:47 AM EDT
Trucking Stocks on the Rise - Swift Transportation (SWFT), J.B. Hunt Transport Services (JBHT), Con-Way Inc (CNW)

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New York, NY -- (SBWIRE) -- 03/14/2013 -- StockRunway.com issues special report on the Trucking Stocks – Swift Transportation Co (NYSE:SWFT), J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT), Con-way Inc (NYSE:CNW)

The American Trucking Associations&apos (ATA) advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index advanced 4.6 percent in January from a year ago, the biggest gain on a seasonally-adjusted basis since July 2012. Todd Fowler, director and analyst in Cleveland with KeyBanc Capital Markets Inc., is more confident now that freight activity is going to support low single-digit rate raises this year.

Bloomberg reported that one such proxy, an index of truckload revenue per loaded mile excluding fuel surcharges, moved up 1.6 percent in January from the same month last year, following a 0.6 percent increase the prior month, according to data from FTR Associates in Bloomington, Indiana. That was said to help increase the Bloomberg U.S. Truckload Trucking Index (BNUSTLIX), which has performed better from its so-called asset-light peer index by 13 percentage points since Jan. 14.

Swift Transportation Co (NYSE:SWFT) jumped +7.20% and closed at $15.03 in the last trading session with the total traded volume of 4.70 million shares. That’s more than the average volume of 1.79 million. SWFT is now trading above its 50 day moving average of +22.57% and 200 day moving average of +54.03%.It has outstanding shares of 139.67 million with the total market cap of $2.10 billion.

For How Long SWFT will Fight for Profitability? Read This Trend Analysis report

An industry wide boost was seen on Wednesday with J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) climbing +6.19% with the closing price of $74.44. The overall volume in the last trading session was 2.94 million shares. Its fifty two week range was $50.56-$74.52. The total market capitalization remained $8.75 billion.

For How Long JBHT’s Gloss will Attract Investors? Find out via this report

JBHT is ahead its 52 week low with 47.95% and its last month price volatility remained 2.44%. Its beta coefficient was 1.05 with a target price of $71.10. In its share capital, the company has 117.55million outstanding shares while 90.87million shares have been floated in market. It has insider ownership of 20.22% with its institutional ownership remained 73.92%. EPS this year advanced 22.67% while the five year EPS growth rate was +10.80%.

Con-way Inc (NYSE:CNW) increased +2.59% to close at $37.24 in the last trading session and its total traded volume was 1.43 million shares, beating the average volume of 789,330. The company has market cap of $2.09 billion.

Will CNW Continue To Move Higher? Find Out Here

It has earnings per share of $1.85, net profit margin of 1.86% and operating margin of 5.89%. The stock has positive year-to-date performance of 34.25% and is trading above its 50 day moving average of +14.62% and 200 day moving average of +20.26%.

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