What to glean from J.B. Hunt’s surprisingly OK 1Q results, Cass, and disappointing retail sales

Photo: Jim Allen - FreightWaves

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.

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One Comment

  1. Art

    Hey can we analyze how carriers are on the frontlines delivering freight; and brokers are abusing this time to race to the bottom in prices.

    Spot market bids dropped upto 30% in some lanes even when these products are rush or essential in the supply chain.

    Funny to see brokers “supporting truckers” and then racing to the bottom to offer 600USD on 550Miles and have the audacity to tell a carrier to make money on the low fuel rates. astonishing

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Zach Strickland, FW Market Expert & Market Analyst

Zach Strickland, the “Sultan of SONAR,” curates the weekly market update. Zach is also one of FreightWaves’ Market Experts. With a degree in Finance, Strickland spent the early part of his career in banking before transitioning to transportation in various roles and segments, such as truckload and LTL. He has over 13 years of transportation experience, specializing in data, pricing, and analytics.