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U.S. truck firms accelerate into the merging lane

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Knight Transportation (KNX) Declares $0.06 Quarterly Dividend; 0.6% Yield

November 8, 2017 11:55 AM EST

Knight Transportation (NYSE: KNX) declared a quarterly dividend of $0.06 per share, or $0.24 annualized.

The dividend will be payable on December 27, 2017, to stockholders of record on December 1, 2017, with an ex-dividend date of November 30, 2017.

The annual yield on the dividend is 0.6 percent.

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Schneider National (SNDR) PT Raised to $28 at Morgan Stanley

November 8, 2017 8:23 AM EST

Morgan Stanley raised its price target on Schneider National (NYSE: SNDR) to $28.00 (from $26.00) while maintaining a Overweight rating.

Analyst Ravi Shanker notes while Q3 was not pretty the underlying thesis is on track. Reiterated Top Pick.

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XPO Logistics (XPO) PT Raised to $77 at Oppenheimer Follwing 3Q Report

November 6, 2017 8:52 AM EST

Oppenheimer raised its price target on XPO Logistics (NYSE: XPO) to $77.00 (from $75.00) while maintaining an Outperform rating following the company's 3Q earnings report. XPO delivered top to bottom line outperformance despite hurricane-related headwinds in 3Q17.

Oppenheimer's 2017/2018 EPS estimates increase to $1.93 (from $1.86)/$2.78 (from $2.76)... More