Management from J.B. Hunt Transport Services (NASDAQ: JBHT) had a “cautious tone” on the company’s second-quarter earnings conference call with analysts when discussing expectations for the remainder of the year. The lack of an update on future freight demand largely stems from uncertainty on the part of its shipper client base. Accelerating frequency in COVID-19 cases and the fear of another wave of the virus has limited visibility into the third quarter and beyond.
The Lowell, Arkansas-based...
https://s29755.pcdn.co/news/uncertainty-clouds-second-half-visibility-for-j-b-hunt