jb hunt

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.