Freight Rate Rebound Timeline Remains Muddy
A timeline for a rebound in freight rates and market conditions remains muddy into the second half of 2024, according to executives and analysts.
Electrification Has Its Challenges, J.B. Hunt’s Simpson Says
LAS VEGAS — J.B. Hunt's Shelley Simpson encouraged attendees at the Advanced Clean Transportation Expo to be part of the solutions and innovation of sustainable transportation.
J.B. Hunt Reports $2.9 Billion Revenue for Q1
J.B. Hunt Transport Services Inc. experienced a decline in revenue and earnings during the first quarter of 2024, the company reported April 16.
J.B. Hunt to Promote Shelley Simpson to CEO Post
J.B. Hunt Transport Services Inc. announced that company president Shelley Simpson is also taking on the post of CEO, effective July 1.
J.B. Hunt Forges Intermodal Agreement With Walmart
J.B. Hunt Transport Services announced Feb. 22 that subsidiary J.B. Hunt Transport has entered into a multiyear intermodal service agreement with Walmart Inc.
J.B. Hunt Reports Revenue Declined to $3.3 Billion for Q4
J.B. Hunt Transport Services Inc. reported a decline in fourth-quarter earnings as a result of weaker performance across its segments and rising insurance costs, the company reported Jan. 18.
J.B. Hunt Q3 Profit Slides 30.4% Year-Over-Year
J.B. Hunt Transport Services posted a 30.4% year-over-year decrease in profits in the third quarter, undershooting analyst expectations as revenues declined at each of the carrier’s operating units.
J.B. Hunt Strikes Acquisition Deal With BNSF Logistics
J.B. Hunt Transport Services announced Sept. 14 that its transport subsidiary has entered into a definitive agreement to purchase the brokerage operations of BNSF Logistics.
Nikola Stock Surges as Retail Investors Pile In
A gravity-defying rally in electric vehicle startup Nikola Corp. is showing no signs of stopping, as the company’s latest efforts to conserve cash and secure funds reignites a stock fervor.
J.B. Hunt Reports Year-Over-Year Declines for Q2
J.B. Hunt Transport Services experienced a year-over-year decline in earnings and revenue during the second quarter, the company reported July 18.