J.B. Hunt Transport Services warned late Tuesday that third-quarter earnings could fall 5% to 10% sequentially due to surging fuel and driver-related costs.
Amid rising truckload rates, elevated fuel prices and a tightening driver market, J.B. Hunt has experienced a surge in intermodal conversion opportunities this summer.
Capacity attrition and retooled carrier networks could present a challenging bid season for shippers.
J.B. Hunt Transport Services said on Tuesday that demand has been slightly ahead of expectations to start the year.
J.B. Hunt Transport Services beat fourth-quarter expectations as cost reductions more than offset a revenue decline.
J.B. Hunt Transport Services beat fourth-quarter earnings expectations Thursday after the market closed.
AI and the return of incumbent companies drove this year’s list.
Cost reductions at J.B. Hunt more than offset a soft demand environment in the third quarter.
Shares of J.B. Hunt surged in after-hours trading on Wednesday after the company posted better-than-expected third-quarter results.
J.B. Hunt Transport Services’ second quarter comes with few surprises as the multimodal transportation provider navigates the bottom of the cycle.
J.B. Hunt Transport Services said it’s remaining rate-disciplined on the intermodal front, allowing some business to walk as it works to improve yields and margins in the segment.
J.B. Hunt Transport Services’ first-quarter earnings result came in ahead of recently lowered forecasts.
J.B. Hunt Transport Services announced it has built a 40-acre solar farm that will provide electricity to most of its main corporate campus.
J.B. Hunt Transport Services reported record intermodal volumes for the fourth quarter, but shares sagged after the market closed Thursday as costs overshadowed the period.
J.B. Hunt Transport Services reported fourth-quarter results Thursday after the market closed.
J.B. Hunt Transport Services is hopeful that Western rail service will improve, allowing it to layer higher contract pricing across record intermodal volumes.
J.B. Hunt Transport Services’ CEO Shelley Simpson encourages transportation leaders to solve the industry’s challenges through partnerships at F3 on Tuesday.
J.B. Hunt Transport Services has announced executive management changes as it aims to increase its market share during the next freight market upswing.
J.B. Hunt Transport Services reported a better-than-expected result for the 2024 third quarter on Tuesday after the market closed.
J.B. Hunt and autonomous truck maker Kodiak Robotics have executed more than 50,000 accident-free miles on a long-haul lane between Bridgestone facilities.
