Todd Maiden
Tuesday, April 16, 2024
J.B. Hunt’s long-term intermodal growth plan weighs on Q1 result
J.B. Hunt Transport Services’ first-quarter earnings miss sent shares 6% lower in after-hours trading on Tuesday.
J.B. Hunt Transport Services’ first-quarter earnings miss sent shares 6% lower in after-hours trading on Tuesday.
J.B. Hunt announced plans to expand its intermodal container count to 150,000 units in efforts “to substantially improve capacity” as part of a joint initiative with BNSF Railway.
J.B. Hunt Transport Services announced first-quarter results well ahead of analysts’ expectations.