Brian Ossenbeck

Saia Inc's (NASDAQ:SAIA) daily tonnage turned negative in May, following the company's "shocking" first-quarter results, according to JPMorgan. The Saia Analyst: Analyst Brian Ossenbeck reiterated an Overweight rating, while reducing the price target from $299 to $285. The Saia Thesis: The company...

Saia Inc (NASDAQ:SAI) reported results that "shocked even the bears," with significantly worse-than-expected yields, according to JPMorgan. The Saia Analyst: Analyst Brian Ossenbeck maintained an Overweight rating, while slashing the price target from $436 to $299. The Saia Thesis: Faced with...

United Parcel Service, Inc.’s (NYSE: UPS) 2021 Investor Day provided positive views on pricing power, capacity discipline and dividend yield, according to JPMorgan. The United Parcel Service Analyst: Brian Ossenbeck upgraded the rating for UPS from Neutral to Overweight, while raising...

JPMorgan downgraded one freight carrier and upgraded another Wednesday in a review of the transportation and logistics sector, presenting a potential pair trade opportunity.   The Ratings  Analyst Brian Ossenbeck downgraded Werner Enterprises (NASDAQ: WERN) from Neutral to...

Genesee & Wyoming Inc (NYSE: GWR), a U.S.-based owner and operator of freight railroads across the world, has underperformed its Class I peers since 2015 but now one analyst is confident the tide has turned. The Analyst JPMorgan's Brian Ossenbeck initiated coverage of G&W's stock...

Analysts at JPMorgan turned bullish on Canadian Pacific Railway Limited (USA) (NYSE: CP) as the company is expected to demonstrate accelerating sales growth among other headwinds over the coming years. Analyst Brian Ossenbeck upgraded Canadian Pacific's TSX-listed stock rating from Neutral to...

Shares of FedEx Corporation (NYSE: FDX) and United Parcel Service Inc. (NYSE: UPS) are holding up relatively well on Thursday after Bloomberg reported Amazon.com, Inc. (NASDAQ: AMZN) is testing its own delivery program called Seller Flex. Amazon has a long track record of disrupting entire...

Shares of XPO Logistics Inc (NYSE: XPO), a transportation and logistics company that provides supply chain solutions, has lost more than 40 percent of its value over the past year, but many Wall Street analysts remain optimistic on the stock's outlook. Brian Ossenbeck of JPMorgan initiated coverage...

JPMorgan has initiated coverage of C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW) with an Underweight rating and $66 price target, saying the logistics company faces a tough road ahead. The brokerage also added the stock to the U.S. Analyst Focus List as a short idea. "CHRW faces a challenging road...

Wall Street, in general, have put out a positive opinion on Kansas City Southern (NYSE: KSU) after the freight rail transportation services provider reported strong first-quarter results as the company offset the impact of flooding with cost controls and operating efficiency. The Missouri-based...

JPMorgan has warned that the North American trucking industry might be having its worst year since 2007. Analyst Brian Ossenbeck, who launched the coverage on the sector, said the truckload sector faces a broadly negative 2016 fundamental outlook and expects to drive the first contraction in...