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.
Executives at some of the nation’s largest truckload transportation providers are seeing incrementally positive signs that the market is turning.
J.B. Hunt Transport Services said it will focus on what it can control as the industry awaits a meaningful recovery.
Trucking M&A was off again in 2024, but the year saw some notable transactions and provided insight on a couple of major spinoffs on the horizon.
To honor fallen veterans during the holidays, a number of companies regularly partner with Wreaths Across America to deliver wreaths for placement on headstones. Among them are BNSF Railway and J.B. Hunt Transport Services. Wreaths Across America has a mission to “Remember, Honor, and Teach,” and every year since 2007 the organization has coordinated wreath-laying […]
To come together, the logistics industry’s propensity toward competition will have to give way to an overarching spirit of collaboration, J.B. Hunt President and CEO Shelley Simpson said at the F3: Future of Freight Festival.
As transportation companies invest heavily in new tech and infrastructure, J.B. Hunt sees technology as a way to empower employees and capacity to create long-term value for customers.
SONAR sets up intermodal trading ideas ahead of earnings.
Pam Transportation Services joined other carriers Thursday, reporting a poor start to 2024.
BNSF, J.B. Hunt Transport Services and Mexico’s GMXT are launching an intermodal service in January between Mexico and the Midwest.
The SSC’s newly released API technical standard is available on GitHub.
Convoy, J.B. Hunt and Uber Freight last week announced that they have partnered to create the Scheduling Standards Consortium as a new standard for full truckload freight employment scheduling.
The shift in the work environment sparked the leadership at J.B. Hunt to include a flexible work schedule for truck drivers, allowing them a fair and enjoyable work-life balance.
The new rail hub is designed to respond to a growing need to expand domestic intermodal capacity within the greater Seattle region.
The STB is sifting through hundreds of pages on the perceived advantages and disadvantages of a merger between Canadian Pacific and Kansas City Southern.
Gatik CEO Gautam Narang will detail middle-mile autonomy’s role in the future of the supply chain at FreightWaves’ upcoming The Future of Supply Chain conference.
Dooner and The Dude are back for Day 2 of FreightWaves LIVE @HOME with interviews from all across the logistics industry.
J.B. Hunt exec says at Net-Zero Carbon Summit that intermodal ‘needs to be on everybody’s mind’
In today’s edition of The Daily Dash, Werner expects the winter weather to impact Q1 earnings. Plus, J.B. Hunt and Google are teaming up for product development, and Walmart will invest billions of dollars in e-commerce.
In today’s edition of The Daily Dash, a proposal to detect drug use through hair testing faces an uphill climb in the Biden administration. Plus, Mississippi mulls a truck parking solution, and the Postal Service is raising rates.
Demand for its products skyrocketed, but port congestion and freight capacity constraints have prevented their delivery, and now Peloton is spending $100 million to try and fix its supply chain.
In today’s edition of The Daily Dash, conditions remain favorable for LTLs and the overall freight environment. Plus, a new SPAC targets transportation companies in the heartland, and rising commodity prices could soon impact trucking.
In today’s edition of The Daily Dash, congestion and gate restrictions from rail partners hampered J.B. Hunt’s intermodal growth in Q4. Plus, stopping a ransomware attack is not as simple as it sounds, and business-to-business activity is booming.
In today’s edition of The Daily Dash Rand McNally’s ELD are finally back online, plus GM and Nikola alter their tentative agreement and J.B. Hunt acquires a final mile provider.
Elevated demand and tight capacity have highlighted the trucking market for a few months now. Recent data points and commentary suggest this dynamic may not abate anytime soon.
Recent data points as well as updates from retailers suggest this inventory restocking cycle may take a few quarters to fix, meaning the current supply-demand dynamic in trucking could linger.
In today’s edition of The Daily Dash, the battle lines are being drawn in the regulatory fight over broker transparency. Plus, J.B. Hunt announced several executive changes, and self-driving startup TuSimple secures $350 million in funding.
In today’s edition of The Daily Dash, J.B. Hunt is not expecting a slowdown in freight through at least the first quarter of 2021. Plus, Nikola Corp. and General Motors continue talking about a battery agreement, and some roads are just made for truckers.
In today’s edition of The Daily Dash, a potential TRATON-Navistar tie-up moves closer to a conclusion, plus carriers still hold an upper hand in rate negotiations and early earnings results are not what people expected.
In today’s edition of The Daily Dash, the FreightWaves Last Mile Logistics Summit was held on Thursday; Hyliion details its secret sauce; and FMCSA expands a pilot program for drivers under the age of 21.
Large-format home deliveries to become most critical part of supply chain, Nick Hobbs says during FreightWaves Last Mile Logistics Summit.
You can find every FreightWaves podcast conveniently in one feed via the free FreightCasts channel on www.freightwaves.com/podcasts, iTunes, Spotify or wherever podcasts are found. Subscribe to FreightCasts and never miss a FreightWaves podcast. The full list of FreightWaves media can be streamed via the FreightWavesTV app available for your smartphone, Apple TV, Roku and Fire […]
In today’s edition of The Daily Dash, Schneider National, Navistar and Volvo Trucks North America all announced advancements to electric vehicle testing and charging networks. Plus, a warehouse robotics company and 3D additive printing firm land investment rounds.
The US third-party logistics industry will post lower gross revenues for the second straight year, Armstrong & Associates study predicts.
Matthew Waller launched the supply chain department at the Sam Walton College of Business and has been instrumental in helping some of the nation’s largest corporations improve their supply chains. Now he is being honored for those accomplishments and more.
In today’s edition of The Daily Dash, FreightWaves introduces enhancements to SONAR; XPO’s Brad Jacobs discusses diversity, automation and more; and Schneider invests in a new tech platform.
Freight volumes are up 25% during a recession and truckload earnings started earnings season out strong this week.
In today’s edition of The Daily Dash, YRC Worldwide is set to spend $700 million, Navistar and Samsara announce a tie-up and a PPP loan wasn’t enough to save an Alabama carrier.
The fourth quarter of 2020 or the first quarter of 2021 might be when the intermodal sector will see some volume growth. But truck capacity, fuel pricing and pandemic uncertainties make a recovery hard to pin down.
FreightWaves LIVE @HOME kicked off its three-day virtual event with keynote addresses from J.B. Hunt’s Shelley Simpson, Revolution’s Ron Klain, and Echo Global Logistic’s Doug Waggoner among many others.
XPO’s Brad Jacobs says 2020 is most likely a lost year.
Anthony and Zach discuss what to make of the first major U.S. carrier to report earnings during the COVID-19 outbreak along with the recent Cass, industrial production and retail releases.
Traffic data tracked by Inrix is indicating much quicker commute times for those on the roads during rush hour as more workers stay home. Plus, J.B. Hunt to pay bonuses, GE cutting its workforce, and St. Christopher’s Truckers Relief Fund facing a critical time.
Most companies are right near the 25% decline in the market since February 1.
This is part of our ongoing weekly feature called the “Online Haul of Fame.” FreightWaves will feature companies that have had a lasting impact on the trucking industry, past or present. Check out the Online Haul of Fame series posted each Friday on FreightWaves. M.S. Carriers was founded in Memphis, Tennessee by Michael Starnes in […]
J.B. Hunt announced that CFO David Mee will retire March 1. The company will fill the interim role internally until a permanent replacement is found.
Supply chain solutions major J.B. Hunt finished fourth on the FreightTech 25 list, thanks to its efforts in digitalizing freight matching and democratizing access across carriers of all sizes.
Moving to a fixed quarterly RFP program with brokers has added consistency, accuracy and reliability to Bumble Bee’s relationship with intermediaries
The latest Cass outlook signals “economic contraction,” but the heads at some of the nation’s largest truckload carriers see a different path.
Ten trucks participated in NACFE’s Run on Less Regional event, showcasing the fuel efficiency opportunity that awaits regional haul fleets. The trucks achieved an overall 8.3 miles per gallon during the 18-day event, far ahead of the national fleet average of about 6 mpg for regional trucks, Mike Roeth, executive director of NACFE, said.
Railroads face an uphill battle in elevating their intermodal business.
The EPA named its annual SmartWay Excellence Award winners on Oct. 7, 2019. J.B. Hunt is one of 72 companies to be honored this year, but is one of just five companies that have been honored 10 times. Schneider National, Swift Transportation, Lowe’s Companies, and Kimberly-Clark Corporation are the others.
If not enough 0.5% low sulfur fuel is available after Jan. 1. 2020 ships may resort to using more expensive 0.1% sulfur fuel used today in emission control areas.
Blockchain experts will present innovative projects and discuss the latest in the development of the technology for logistics operations at the upcoming BiTA Symposium Chicago, on Nov. 14, 2019.
7-minute company demos will garner a lot of attention at the upcoming FreightWaves LIVE Chicago conference, November 12-13.
The bulls are coming out in support of truckload carriers, kind of. Several equity analysts are using a recent positive inflection in TL volumes, a belief that fundamentals aren’t getting materially worse, and attractive valuation multiples to become more positive on the stocks.
J.B. Hunt imposes peak season intermodal surcharge to recoup costs of returning empties
Schneider’s move to shut final-mile unit leaves furniture retailers seeking last-mile delivery options
Schneider is closing its First to Final Mile delivery operation due to poor performance.
The clean balance sheet and deteriorating fundamentals in the TL space that could force some carriers to look for the exit begs the question, ‘will we see Heartland become acquisitive again?’
Another shoe drops as the heart of truckload earnings season commences with Knight-Swift saying that it won’t meet analyst expectations.
Jordan Alliger rated UPS, FedEx, and J.B. Hunt ‘Buy’; XPO and C.H. Robinson ‘Neutral’; and Expeditors ‘Sell.’
U.S. Xpress lowered its financial outlook for the second quarter 2019 as well as the full year.
Forward Air Corp. lowered its second quarter 2019 earnings expectation due to a $5 million accident claim reserve recorded in the quarter.
Eroding fundamentals in the truckload carrier market have led analysts to lower their earnings estimates for the carriers they cover.
The negative data and commentary centered on the lack of a seasonal increase in demand is forcing analysts to meaningfully lower earnings estimates and the outlook for the sector.
New incentives for container shipping could bring more boxes through the canal to the U.S. East Coast.
Consumers are increasingly purchasing furniture and other large, bulky items online, forcing last-mile delivery providers to adapt.
Too much to talk about with too little time. Several key industry topics were bantered about by some of the best thought leaders in the industry on the final day of Transparency19. In a panel discussion, “The Bull, the Bear and the Other Guy,” moderated by FreightWaves President George Abernathy, insight was provided about the […]
J.B. Hunt Transport has consolidated its sales, operations and customer support functions for its Mexican subsidiary in a new office in Santiago de Querétaro, Querétaro, Mexico.
Changing distribution patterns could spell trouble for intermodal, report says.
J.B. Hunt blames its earnings and revenue shortfall on weak intermodal freight volumes, harsh winter weather and concerns about possible tariffs on Chinese imports in its first quarter earnings report on April 15.
J.B. Hunt’s (NASDAQ: JBHT) earnings report have some questioning if the truckload (TL) carriers are likely to miss earnings now and how will the stocks perform moving forward.
J.B. Hunt’s earnings and revenues fell short of analysts’ expectations in the first quarter of 2019, causing its stock to drop 4 percent at the end of trading on Monday, April 15.
The last mile has become first priority.
Insurgent digital brokerage apps are increasing their share of downloads while load boards are largely stagnant.
Human Rights Campaign survey shows most, least LGBTQ-friendly companies
J.B. Hunt wants to make freight marketplaces more efficient by making information more transparent.
Innovations in last-mile delivery continue, but each faces challenges to widespread adoption, although UPS, which will trial Thor electric trucks, encourages fleets to test out new technologies.
Trucking-as-a-service is poised to break out into 5x growth over the next five years, says Frost & Sullivan.
Freight Alley in Chattanooga was the scene on the afternoon of February 21, when executives from FreightWaves, Nodal Exchange, DAT and K-Ratio presented the Trucking Freight Futures roadshow. Trucking Freight Futures debut on the Nodal Exchange on March 29.
J.B. Hunt has closed its acquisition of Cory 1st Choice Home Delivery, adding the last-mile business to its Final Mile Services Division.
Speed limiter regulations sat idling under Bush and Obama, so truck safety groups now look to Congress – and Trump – to put it in gear.
Investors may be starting to come around to the idea that truckload carriers have another year of strong margins ahead of them.
ELD impact substantive but short-lived, Hunt, NS executives say.
David Rowan, founder and editor-at-large for Wired UK, will deliver a keynote address on Day Two of the upcoming Transparency19 conference.
Heartland continues its strategy of being willing to walk away from revenue if it isn’t profitable and it is showing in the company’s operating ratio.
A company that’s been doing it, a company that says it’s going to be doing it and a company that is being affected by others doing it: that was the theme on three calls about precision railroading.
Simpson talks about legacy transportation companies adapting to change.
FedEx promises fast action to fix FedEx Express’ TNT Express network.
Acquisition of Cory only Hunt’s third deal in nearly three decades.
The New Jersey company will go into Hunt’s Dedicated Services unit.
New CTO brings outsider’s perspective, seasoning.
Keynotes will include Gary Vaynerchuk, David Rowan, Andrew Clarke, Shelley Simpson, and Brad Jacobs.
The charges are growing but there are signs that this lengthy dispute may be coming to an end.
Electric trucks a first for Hunt.
Venture to allow Hunt customers to access all truck carriers on one interface
Also today: going to jail for bogus CDLs; ecommerce driving the Canada Post labor dispute.
After making its first acquisition last year in a quarter-century, the company could be in the market for another one, according to CEO John Roberts.
The dispute sheds light on the extraordinarily secretive process governing the intermodal agreement.
