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.
J.B. Hunt Transport Services celebrated its 65th anniversary by ringing the Nasdaq opening bell in New York City on Monday.
Following a co-design with J.B. Hunt Transport Services, Overroute publicly debuted its AI-native freight execution platform for enterprise carriers on Tuesday.
Freight shipments softened in June but truckload rates continued to step higher year over year, according to a monthly report from Cass Information Systems.
As shippers migrate toward high-quality transportation providers, J.B. Hunt Transport Services comfortably surpassed expectations for the second quarter.
J.B. Hunt Transport Services blew past analysts’ second-quarter forecasts on Wednesday, sending shares up 9% in after-hours trading.
Some shippers are being forced to reprice their entire book as contractual truckload rates set just a couple of months ago are no longer being honored.
Truckload carriers appearing at an investor conference this week laid out the thesis for a sustained period of rate recovery.
FreightWaves launches a fast-paced business news show about supply chain, transportation and logistics.
Industry participants say asset-based carriers are likely the winners following the Supreme Court’s landmark ruling on freight broker liability.
Freight broker RXO is seeing better-than-expected spot market trends in the second quarter.
Executives at J.B. Hunt Transport Services said at an investor conference this week that truckload rates are likely to increase 20% over the next two years as carriers restore margins.
Management at J.B. Hunt Transport Services pointed to mounting evidence that recent tightening across the truckload market will not be a temporary blip.
J.B. Hunt Transport Services beat first-quarter expectations, reporting record volumes in its intermodal segment.
Management from J.B. Hunt Transport Services said shipper attitudes are little changed as truck capacity leaves the market and fuel prices surge.
J.B. Hunt Transport Services said on Tuesday that demand has been slightly ahead of expectations to start the year.
December data from Cass Information Systems showed truckload rates continued to step higher as shipments moved lower.
J.B. Hunt Transport Services beat fourth-quarter expectations as cost reductions more than offset a revenue decline.
Susquehanna said truckload’s supply side has the market set up for a recovery but demand will have to kick in at some point to prolong an upcycle.
J.B. Hunt Transport Services declined to take a stab at what next year holds at an investor conference this week, but did emphasize that it’s “set up to win” regardless of what the new year brings.
