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Market Weight - USA - Banc of America initiates transports at
New York,NY,USA -MarketWatch, by Padraic Cassidy -Sep 13, 2006: -- Banc of America Securities initiated coverage of the air freight and surface transportation sector Wednesday with a market-weight rating... The analysts' top pick is buy-rated UPS Inc. while FedEx Corp. is neutral... Three trucking companies, J. B. Hunt Transport Inc., Werner Enterprises and Con-Way are rated sell; Swift Transportation is rated neutral... Railroads are all viewed favorably, but the brokerage stuck to a neutral rating. Its top picks there are Burlington Northern Santa Fe and Norfolk Southern... Freight forwarders C. H. Robinson Worldwide, EGL Inc. and Expeditors International of Washington are all rated neutral as well...
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