Quarterly Results, Survey Outcome, Successful Rebranding, Updated Outlook, and Quarterly Dividends - Research Report on FedEx, UPS, C.H. Robinson, Old Dominion, and Werner

Mon Sep 23, 2013 8:01am EDT

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Quarterly Results, Survey Outcome, Successful Rebranding, Updated Outlook, and Quarterly Dividends - Research Report on FedEx, UPS, C.H. Robinson, Old Dominion, and Werner

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PR Newswire

NEW YORK, September 23, 2013 /PRNewswire/ --

Today, Investors' Reports announced new research reports highlighting FedEx Corporation (NYSE: FDX), United Parcel Service, Inx. (NYSE: UPS), C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW), Old Dominion Freight Line, Inc. (NASDAQ: ODFL), and Werner Enterprises, Inc. (NASDAQ: WERN). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

FedEx Corporation Research Report

On September 18, 2013, FedEx Corporation (FedEx) reported Q1 FY 2014 financial results (period ended August 31, 2013) with revenue totaled $11.0 billion, up 2.1% YoY. Net income stood at $489 million, or $1.53 per diluted share, in Q1 FY 2014, compared with $459 million, or $1.45 per diluted share, in Q1 FY 2013. The Company informed that the revenue and earnings growth during the quarter was driven by solid performance at each of its transportation segments. Frederick W. Smith, Chairman, President, and CEO of FedEx said, "Growth in overall demand for our broad global portfolio of solutions drove our improved first quarter results. FedEx Express remains focused on reducing costs while facing challenging global economic conditions. Meanwhile, FedEx Ground continues to generate strong profitability on growing customer demand for its services." The Company reaffirmed its guidance for full-year FY 2014 EPS growth in the range of 7% to 13% YoY. The Full Research Report on FedEx Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-18/FDX]

United Parcel Service, Inc. Research Report

On September 17, 2013, United Parcel Service, Inc. (UPS) announced the findings of the sixth annual UPS, 'Pain in the (Supply) Chain' healthcare survey, conducted by TNS on behalf of the Company. According to the Company, the results of the survey revealed that changing regulatory environments, new customer demands around the globe, challenges around product security, and increasingly complex products are driving healthcare executives to make strategic supply chain investments. The survey also revealed that in the next five years, 84% of the respondents will invest in new technologies,78% will enter new global markets, 70% will implement new distribution channels, while 59% will increase reliance on third-party logistics partners. Bill Hook, Vice President of Global Strategy at UPS Healthcare Logistics said, "Healthcare companies are balancing a number of priorities related to capturing business growth opportunities in new markets, protecting increasingly sophisticated and high-value products and navigating a complex regulatory environment worldwide, These trends have also been shaping UPS's solutions to ensure we remain the logistics provider of choice for the healthcare industry." The Full Research Report on United Parcel Service. Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-18/UPS]

C.H. Robinson Worldwide, Inc. Research Report

On August 28, 2013, C.H. Robinson Worldwide, Inc. (C.H. Robinson) announced that it has completed the rebranding process of Apreo Logistics S.A. (Apreo Logistics), which will continue under the name C.H. Robinson. The Company informed that it commenced the rebranding process after acquiring Apero Logistics - the leading Polish freight forwarder in September 2012. Bryan Foe, President of C.H. Robinson Europe, said, "This successful integration expands C.H. Robinson's presence in Europe and supports our goals to strengthen our capabilities in our core business and further diversify our modal offering, both of which benefit our European and global customer base." The Full Research Report on C.H. Robinson Worldwide, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-18/CHRW]

Old Dominion Freight Line, Inc. Research Report

On September 16, 2013, Old Dominion Freight Line, Inc. (Old Dominion) announced that it has updated its growth expectations for Q3 2013 tonnage per day and revenue per hundredweight, excluding fuel surcharges. Old Dominion now expects tonnage per day to increase by 7.0% YoY to 7.5% YoY against the Company's prior growth guidance of 6.0% YoY to 6.5% YoY. According to the Company, the improved expectation is supported by average tonnage per day growth of 6.2% YoY in July 2013, and 8.6% YoY in August 2013. The Company further informed that for Q3 2013, it now expects revenue per hundredweight to register a growth of 3.0% YoY to 3.5% YoY, compared with previous growth expectation of 4.0% YoY to 4.5% YoY. The Full Research Report on Old Dominion Freight Line, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-18/ODFL]

Werner Enterprises, Inc. Research Report

On September 5, 2013, Werner Enterprises, Inc. (Werner) announced that its Board of Directors has approved a regular quarterly cash dividend of $0.05 per common share. Werner informed that the dividend is payable on October 22, 2013, to stockholders of record at the close of business on October 7, 2013. According to the Company, Werner is currently in 27th year of paying quarterly cash dividends to its common stockholders. The Full Research Report on Werner Enterprises, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-18/WERN]

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