FreightCasts Weekly Recap (7/20-7/26)

You can find every FreightWaves podcast conveniently in one feed via the free FreightCasts channel on freightwaves.com/podcasts, iTunes, Spotify or wherever podcasts are found. 

Subscribe to FreightCasts and never miss a FreightWaves podcast.

The full list of FreightWaves media can be streamed via the FreightWavesTV app available for your smartphone, Apple TV, Roku and Fire TV. The app is free on all platforms.

Users of the FreightWavesTV app also have access to a full lineup of FreightWavesTV...

https://www.freightwaves.com/news/freightcasts-weekly-recap-7-20-7-26

FreightWaves 3PL Summit: Innovation drives J.B. Hunt 360 platform (with video)

Eric McGee of J.B. Hunt talks about the success of its 360 digital freight platform.

Listening and adapting to customers and carriers needs through innovation is key to the continued growth of J.B. Hunt Transport Services’ (NASDAQ: JBHT) 360 multimodal digital freight marketplace platform

“If you think about what 360 is for – it’s really to create the most efficient transportation network in North America,” said Eric McGee, executive vice president of highway services for J.B. Hunt, on Tuesday, July 21, at FreightWaves’ 3PL Summit. “When you think about shippers interacting in Sh...

https://www.freightwaves.com/news/freightwaves-3pl-summit:-innovation-drives-jb-hunt-360-platform-(with-video)

J.B. Hunt handily beats 2Q expectations

J.B. Hunt truck on highway

J.B. Hunt Transport Services’ (NASDAQ: JBHT) first quarter was much better than feared. The company reported earnings per share of $1.14, 9 cents per share lower than the year-ago result but well ahead of the 83-cent consensus estimate.

Total revenue declined 5% year-over-year at $2.15 billion but was only off 0.5% excluding fuel surcharge revenue.

Operating income of $175.2 million was down 9.3% year-over-year. The company cited higher purchased transportation costs, technology investments and...

https://www.freightwaves.com/news/j-b-hunt-handily-beats-2q-expectations

Commentary: Uber getting out of “Freight” would be bad for freight

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. 

In late 2017, when Uber announced “Freight,” I was about to build a digital freight brokerage, one with a very different focus but in the same pool. In the 2.5 years since, I have had a front row seat for the impact – first selling against them, and now helping companies with their digital transformations.

Before everyone starts celebrating the possible demise of...

https://www.freightwaves.com/news/commentary-uber-getting-out-of-freight-would-be-bad-for-freight

Industry experience, continual innovation drive J.B. Hunt 360 technology platform

In the midst of rolling out the third phase of an aggressive strategy to disrupt and innovate efficiency in the supply chain through its digital freight matching platform, J.B. Hunt 360, Shelley Simpson said the COVID-19 pandemic hit and forced the company to pivot and adapt to its customers’, carriers’ and employees’ changing needs during these unprecedented times. 

“It’s made us really evaluate what our priorities are in our organization. We are even more focused on how we help our people, our...

https://s29755.pcdn.co/news/industry-experience-continual-innovation-drive-jb-hunt-360-technology-platform