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With the Zacks Transportation Sector carrying such a favorable rank, let's look at three highly-ranked stocks in the realm.
The heavy selling pressure might have exhausted for Heartland Express (HTLD) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Recently, Zacks.com users have been paying close attention to Heartland Express (HTLD). This makes it worthwhile to examine what the stock has in store.
HTLD, VIPS and JAKK made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on August 25, 2022.
HTLD, TKOMY, UBSI, WCC, and CTS have been added to the Zacks Rank #1 (Strong Buy) List on August 25, 2022.
Is it a good or bad thing when a stock surpasses resistance at the 20-day simple moving average?
Management from Heartland Express will roll up its sleeves to again integrate a fleet with a less than stellar operating track record. On Monday, the Iowa-based truckload carrier acquired several assets from the Contract Freighters Inc. (CFI) portfolio, which is owned and operated by TFI International, for an enterprise value of $525 million.
On today's episode Dooner and The Dude are joined by FreightWaves Tony Mulvery to talk about Heartland Express' $525 million acquisition of CFI's truckload unit. That move makes Heartland Express the 8th largest truckload fleet in the U.S. Great packaging moves the needle in retail but what are the logistics behind it all?
Heartland Express announced Monday the acquisition of Contract Freighters Inc.'s (CFI) truckload unit and its non-asset logistics unit in Mexico from TFI International for $525 million. The deal does not include CFI's dedicated trucking business or its U.S. brokerage operations.
Recently, Zacks.com users have been paying close attention to Heartland Express (HTLD). This makes it worthwhile to examine what the stock has in store.