Deutsche Bank Securities in New York announced last week that analyst Jordan Alliger has initiated coverage of nine companies in the trucking sector.

Alliger's coverage now includes Arkansas Best Corp. (NASDAQ: ABFS), Heartland Express Inc. (NASDAQ: HTLD), J.B. Hunt Transport Services Inc. (NASDAQ: JBHT), Knight Transportation Inc. (NASDAQ: KNGT), SCS Transportation Inc. (NASDAQ: SCST), Swift Transportation Co. Inc. (NASDAQ: SWFT), USF Corp. (NASDAQ: USFC), Werner Enterprises Inc. (NASDAQ: WERN) and Yellow Roadway Corp. (NASDAQ: YELL).
Since joining Deutsche Bank Securities in June Alliger has covered airfreight, logistics and railroads.
According to the Deutsche Bank press release, Alliger is somewhat cautious on the trucking industry in the near-term, mostly due to increasing share prices and a typically less robust first quarter.
"As we move through 2005, the market will move from an early- to mid-cycle economic recovery. Historically, transports are early-cycle in nature," said Alliger. "Our concern is that the trucking industry might face difficulties in continuing to outperform the broader market over the next two years. However, selective opportunity could still exist in the near term if share prices pull back and the economy is still performing well."