Susquehanna analyst Bascome Majors cut earnings forecasts on truckload carriers for the rest of the year as fundamentals remain soft and peak-season expectations are subdued.
J.B. Hunt Transport Services promotes Brad Delco to chief financial officer.
J.B. Hunt Transport Services reported a largely inline second quarter on Tuesday.
As tariff talk cools, intermodal carriers are becoming more upbeat.
Susquehanna Financial Group lowered its earnings forecasts for the truckload, intermodal and logistics companies it follows.
J.B. Hunt Transport Services said it will focus on what it can control as the industry awaits a meaningful recovery.
BNSF, J.B. Hunt Transport Services and Mexico’s GMXT are launching an intermodal service in January between Mexico and the Midwest.
The sale of BNSF Logistics’ brokerage unit to J.B. Hunt will likely involve layoffs of an unspecified number of employees, parent company BNSF confirmed Friday.
The White House is reviewing a proposal setting mandatory hair-test guidelines that would be used to screen truck drivers for illegal drugs.
A connected ecosystem supported by multiple stakeholders is the best answer to the fragmentation that drives up costs and hurts service, according to J.B. Hunt’s Spencer Frazier.
