Hot Rising Companies To Watch In Right Now

Hot Rising Companies To Watch In Right Now: Arkansas Best Corporation (ABFS)

Arkansas Best Corporation, through its subsidiaries, provides freight transportation services and solutions. The company's Freight Transportation segment offers aggregate, national, inter-regional, and regional transportation of general commodities; motor carrier freight transportation services; business-to-business air transportation services for exporting freight out of the United States and import into the United States; ocean transport services; global customizable supply chain solutions; and integrated warehousing services. Its Premium Logistics and Expedited Freight Services segment provides expedited freight transportation services to commercial and government customers; and premium logistics services that involve the deployment of specialized equipment to meet line haul requirements, such as temperature control, hazardous materials, geofencing, specialized government cargo, security services, and life sciences. This segment also offers domestic and international f reight transportation with air, ocean, and ground service. The company's Truck Brokerage and Management segment provides third-party transportation brokerage and management services by sourcing various equipment types, including truckload, flatbed, intermodal, temperature-controlled, and specialized equipment coupled with carrier- and customer-based Web tools. Its Emergency and Preventative Maintenance segment offers roadside assistance and maintenance management services for commercial vehicles through a network of third-party service providers. The company's Household Goods Moving Services segment provides third-party transportation, warehousing, and delivery services to the consumer, corporate, and military household goods moving markets. As of December 31, 2012, the company operated approximately 3,700 tractors and 20,000 trailers that were used in it! s line haul and local pickup and delivery operations. Arkansas Best Corporation was founded in 1935 and is headquartere d in Fort Smith, Arkansas.

Advisors' Opinion:

• [By Sean Williams]

  This week's winner
  After tumbling by double digits last week, trucking company Arkansas Best (NASDAQ: ABFS  ) tacked on 14.6% to take the top spot this week. Shares rallied after the company announced a regular $0.03 quarterly cash dividend on Tuesday, payable to shareholders on May 21. Following stronger-than-expected results from many trucking companies, I feel quite confident that once Arkansas Best solves its union issues, it'll be pedal to the metal.

• [By Sean Williams]

  Even the trucking companies that have been struggling are showing signs of life. Just last week, Arkansas Best (NASDAQ: ABFS  ) announced a tentative agreement between its ABF Freight Systems subsidiary and the Teamsters union that should dramatically lower costs. Just days later, struggling trucker YRC Worldwide (NASDAQ: YRCW  ) , which also reported its first quarterly profit in six years recently, confirmed that it's offered a preliminary proposal to acquire Arkansas Best.  

source from Top Stocks For 2015:http://www.topstocksblog.com/hot-rising-companies-to-watch-in-right-now-5.html