Cargo Ground Transportation(IN00335.US)

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Cargo Ground Transportation
IN00335.US
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Saia Announces Brand Alignment

Jan 15 (Reuters) - Saia Inc:* SAIA ANNOUNCES BRAND ALIGNMENT* SAIA INC - ANNOUNCES LINKEX TO OPERATE AS SAIA LOGISTICS* SAIA INC - TRANSITION IS BRAND ALIGNMENT, THERE ARE NO CHANGES TO OWNERSHIP, SERVICE, PRICING, AGREEMENTS, OR DAY-TO-DAY OPERATIONS Source text: Further company coverage:

Reuters·
US
SAIA
+1.34%
Reuters·
US
SAIA
+1.34%

Saia consolidates freight and logistics under one name for stronger brand identity.

Consolidating our freight and logistics services under a single name enhances brand recognition and efficiency within the company. This strategic decision aims to streamline operations and foster a unified identity. The merger of these services combines a workforce of over 10,000 employees and a fleet of 2,500 vehicles. This move is projected to generate cost savings of approximately $5 million annually. The rebranding effort is part of a broader initiative to enhance customer experience and expand market reach.

Unusual Whales·
US
SAIA
+1.34%
Unusual Whales·
US
SAIA
+1.34%

Saia Rebrands LinkEx as Saia Logistics

Saia Inc. has rebranded its logistics arm, LinkEx, to "Saia Logistics," unifying its freight and logistics services under one name. This brand alignment aims to enhance customer experience without altering ownership, service, pricing, agreements, or daily operations. Customers will continue to work with the same contacts and processes while accessing Saia's full range of logistics and less-than-truckload (LTL) services.

Reuters·
US
SAIA
+1.34%
Reuters·
US
SAIA
+1.34%

Truist Financial Issues Positive Forecast for J.B. Hunt Transport Services (NASDAQ:JBHT) Stock Price

Truist Financial raised its price target for J.B. Hunt Transport Services (NASDAQ:JBHT) from $155.00 to $205.00, maintaining a "hold" rating. Other analysts also adjusted their targets, with Stifel Nicolaus at $189.00 and BMO Capital Markets at $180.00. J.B. Hunt's stock opened at $205.81, with a market cap of $19.60 billion. The company reported $1.76 EPS for the last quarter, exceeding estimates. Additionally, J.B. Hunt's Board approved a stock repurchase program, indicating confidence in the stock's value.

Market Beat·
US
JBHT
+0.75%
Market Beat·
US
JBHT
+0.75%

Truist Financial Sticks to Their Hold Rating for Landstar System (LSTR)

Truist Financial analyst Lucas Servera has maintained a Hold rating on Landstar System (LSTR) with a price target of $150.00. Servera, who covers the Industrials sector, has an average return of 22.8% and a 90.91% success rate on recommended stocks. Additionally, Barclays analyst Brandon Oglenski also issued a Hold rating for Landstar, while Robert W. Baird maintained a Buy rating on January 7.

Tip Ranks·
US
LSTR
+1.28%
Tip Ranks·
US
LSTR
+1.28%
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