SOURCE: The Bedford Report

The Bedford Report

June 29, 2011 08:16 ET

Trucking Recovery Slows - Long Term Outlook Remains Strong

The Bedford Report Provides Equity Research on YRC Worldwide & Con-way

NEW YORK, NY--(Marketwire - Jun 29, 2011) - Trucking stocks are on the downswing this week after the American Trucking Association (ATA) reported disappointing data. ATA Chief Economist Bob Costello claims that tuck tonnage has hit a "slow patch," renewing anxiety over the trucking sector's recovery. The Bedford Report examines the outlook for companies in the trucking industry and provides equity research on YRC Worldwide, Inc. (NASDAQ: YRCW) and Con-way, Inc. (NYSE: CNW). Access to the full company reports can be found at:

www.bedfordreport.com/YRCW

www.bedfordreport.com/CNW

The ATA's advance seasonally adjusted For-Hire Truck Tonnage Index decreased 2.3 percent in May after decreasing 0.6 percent in April. Despite current concerns regarding the economic recovery, Costello is "cautiously" optimistic that freight volumes will improve in the second half of the year along with economic activity. Lower oil and diesel prices should lead to a slightly better economic environment in the second half of the year, he said.

The Bedford Report releases investment research 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.bedfordreport.com and get exclusive access to our numerous analyst reports and industry newsletters.

The issue of fuel costs have many companies in the freight industry looking to move their focus from road freight to railways. Trains can carry loads in excess of 50 times greater than a semi-truck, leading some analysts to argue that the amount of freight moved on rails will surge.

Several truckers are taking initiatives to offset rising fuel prices without passing the uptick in costs onto customers. For example, YRC Worldwide has begun to shift to 5W full-synthetic motor oil, which will improve the miles-per-gallon efficiencies of the company's fleet and reduce waste motor oil.

The Bedford Report provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above-mentioned publicly traded companies. The Bedford 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.bedfordreport.com/disclaimer.

Contact Information