Today’s TraderNotes include: Last Mile Logistics Group Inc. (OTCBB: LMLG), J.B. Hunt Transport Services Inc. (Nasdaq: JBHT), Knight Transportation Inc. (NYSE: KNX), Con-Way Inc. (NYSE: CNW), Landstar System Inc. (Nasdaq: LSTR), Heartland Express Inc. (Nasdaq: HTLD), Forward Air Corp. (Nasdaq: FWRD), Werner Enterprises Inc. (Nasdaq: WERN)
“Last Mile Logistics Group Inc. (LMLG) shares are up nearly 13 percent to 9 cents in Thursday’s mid-day trading, surging a day after the company announced it was awarded last mile storage and delivery services for a Fortune 500 paper supplier through an agency relationship with a Top 100 third party logistics company (3PL).
“The company provides envelopes and small packages courier services, and last mile logistics services in the mid-Atlantic region of the United States; based on projections provided by its 3PL partner, this specific client could generate an additional 20 percent to Last Mile's annual revenue…”
“J.B. Hunt Transport Services Inc. (JBHT) shares are slightly down mid-day Thursday, trading at $35.60 on volume of 1.4 million. J.B. Hunt Transport, together with its subsidiaries, operates as a surface transportation company in North America. It provides transportation for forest and paper products, building materials, general merchandise, food and beverages, chemicals and automotive parts.
“The company recently announced it has been recognized by the Arkansas Trucking Association (ATA) as the 2007 Corporate Fleet Safety Grand Champion.
“To determine which provider has the best overall highway safety performance for miles driven within the state of Arkansas, the ATA reviews safety records for a large number of for-hire and private carriers each year. The organization selects only one carrier…”
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Beacon Equity Research Disclosure
The analysts contributing to this report do not hold any shares of Last Mile Logistics Group Inc. (OTCBB: LMLG). Additionally, the analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. The analyst(s) writing this report recognize and aspire to all of the CFA Institute Guidelines for Independent Research. Beacon Equity Research (“Beacon”) certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analysts in the report. Beacon Equity Research has been compensated a total of one hundred eighty thousand shares from Jim Rose II for enrollment LMLG in this research program and other services. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. As such, the report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change.
Source: BeaconEquity.com
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com
