SOURCE: Paragon Financial Limited

Paragon Financial Limited

August 01, 2012 08:20 ET

Trucking Industry Continues to Improve -- Truck Tonnage Index Sees Largest Jump So Far This Year

The Paragon Report Provides Stock Research on Arkansas Best and Swift Transportation

NEW YORK, NY--(Marketwire - Aug 1, 2012) - Amidst a global economic slowdown the Trucking Industry has experienced a slow, but steady recovery in 2012. Recent numbers releases by the American Trucking Associations (ATA) showed that the industry saw their best month of the year in June. The Paragon Report examines investing opportunities in the Trucking Industry and provides equity research on Arkansas Best Corporation (NASDAQ: ABFS) and Swift Transportation Co. (NYSE: SWFT).

Access to the full company reports can be found at:

www.ParagonReport.com/ABFS
www.ParagonReport.com/SWFT

The ATA's advance seasonally adjusted index of for-hire truck tonnage jumped 1.2 percent in June, the largest increase it has seen all year. The jump was unexpected following two consecutive months of declines in April and May, which saw the index fall a combined 2.1 percent. When compared to June 2011 the index showed a 3.2 percent increase, the smallest year-over-year gain since March 2012.

"June's increase was a pleasant surprise, but the lower year-over-year gain fits with an economy that has slowed," ATA Chief Economist Bob Costello said in a release. "Manufacturing output was strong in June, which helped tonnage levels."

The Paragon Report releases regular market updates on the Trucking Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.ParagonReport.com and get exclusive access to our numerous stock reports and industry newsletters.

Arkansas Best Corporation is a diversified transportation holding company The Board of Directors of Arkansas Best has declared a quarterly cash dividend of three cents $0.03 per share to holders of record of its common stock, $0.01 par value, on August 3, 2012, payable on August 17, 2012.

Swift's terminal network has grown to over forty full service facilities in both the continental United States and Mexico. The company offers border crossing services at all major Mexican border crossings. Swift maintains a presence in every Canadian province each day. Swift is unquestionably the largest truckload motor carrier in the world.

The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: http://www.paragonreport.com/disclaimer