JB Hunt

Trucking execs see green shoots as industry awaits upturn

Signs that a freight recovery may be taking shape continue to surface, said trucking executives on the investor conference circuit this week. The overall sentiment is that the truckload industry is no longer in a recession and that normal seasonal trends have returned, but no one is ready to commit to when a meaningful positive inflection will occur.

“We know we’re coming off the bottom of the market,” Drew Wilkerson, CEO at truck broker RXO (NYSE: RXO), told investors at Citi’s 2025 Global...

https://www.freightwaves.com/news/trucking-execs-point-to-green-shoots-as-industry-awaits-upturn

Los ejecutivos de camiones ven brotes verdes mientras la industria espera la mejora

Los signos de que una recuperación de carga puede estar tomando forma continúa a la superficie, dijeron que los ejecutivos de camiones en el circuito de la conferencia de inversores esta semana. El sentimiento general es que la industria de la carga de camiones ya no está en una recesión y que las...

https://fullavantenews.com/los-ejecutivos-de-camiones-ven-brotes-verdes-mientras-la-industria-espera-la-mejora/?lang=es

JB Hunt trabajando en la mezcla intermodal, en espera de la inflexión de la tasa

JB Hunt Transport Services dijo que se centró en encontrar la carga intermodal adecuada para mejorar la eficiencia y minimizar los costos a medida que los fundamentos del mercado siguen siendo tibios. El proveedor de transporte multimodal con sede en Lowell, con sede en Arkansas, describió un...

https://fullavantenews.com/jb-hunt-trabajando-en-la-mezcla-intermodal-en-espera-de-la-inflexion-de-la-tasa/?lang=es

J.B. Hunt working on intermodal mix, awaiting rate inflection

J.B. Hunt Transport Services said it’s focused on finding the right intermodal freight to improve efficiency and minimize costs as market fundamentals remain tepid.

The Lowell, Arkansas-based multimodal transportation provider outlined a three-pronged approach centered on rates, volumes and freight mix for the current intermodal bid season at Barclays 42nd Annual Industrial Select Conference held in Miami on Wednesday.

While rate increases are the most impactful lever the company has to drive...

https://www.freightwaves.com/news/j-b-hunt-working-on-intermodal-mix-awaiting-rate-inflection

2024’s most notable trucking deals

A slowdown in trucking M&A was met by interest rate cuts for the first time in more than four years in 2024. The anticipation of lower lending rates fostered more constructive transaction dialogues during the year, but deal count across the industry was still off 5% from 2023, according to data compiled by the research team at Left Lane Associates.

The supply chain M&A advisory firm said there is noise in the number as some deals were paused until after the election, which pushed closings into...

https://www.freightwaves.com/news/2024s-most-notable-trucking-deals

BNSF, J.B. Hunt assist in Wreaths Across America, remembering fallen veterans

To honor fallen veterans during the holidays, a number of companies regularly partner with Wreaths Across America to deliver wreaths for placement on headstones. Among them are BNSF Railway and J.B. Hunt Transport Services.

Wreaths Across America has a mission to “Remember, Honor, and Teach,” and every year since 2007 the organization has coordinated wreath-laying ceremonies at national cemeteries and other locations throughout the 50 states, at sea and abroad.

On Friday in San Bernardino,...

https://www.freightwaves.com/news/bnsf-j-b-hunt-assist-in-wreaths-across-america-remembering-fallen-veterans

J.B. Hunt CEO calls for ‘courageous collaboration’ to transform industry 

J.B. Hunt President and CEO Shelley Simpson began her keynote at this year’s F3: Future of Freight Festival by recalling a defining moment in logistics industry history: the famed 1989 handshake between J.B. Hunt himself and Mike Haverty, then-president of the Atchison, Topeka and Santa Fe Railway.

That handshake heralded a collaboration that would permanently change the way the industry thinks about collaboration. As a result, the first intermodal shipment took place in February 1990.

Since that...

https://www.freightwaves.com/news/j-b-hunt-ceo-calls-for-courageous-collaboration-to-transform-industry

J.B. Hunt prioritizes balanced investment in tech and people

With the freight industry in a continued difficult market, carriers and 3PLs have had to invest in technology to find more efficiency in slim margins.

Brad Hicks, executive vice president of highway services and executive vice president of people at J.B. Hunt, says companies that don’t connect their investment in technology with their investment in people will come out behind. “If you don’t have that proper balance of people and tech working together and complementing each other, then you’re...

https://www.freightwaves.com/news/j-b-hunt-prioritizes-balanced-investment-in-tech-and-people

To stock analysts, container size matters

SONAR customers run the gamut from multinational shippers to carriers, logistics companies, consultancies, government agencies, and buy- and sell-side stock analysts. Use cases for the intermodal data in SONAR are similarly varied. Shippers can use intermodal volume data by lane for clues on whether other shippers are seeing value in rail intermodal compared to truckload. Meanwhile, drayage carriers gauge inbound volume, measured at the point of origin, for a look ahead at local demand in the...

https://www.freightwaves.com/news/to-stock-analysts-container-size-matters

Pam Transportation books operating loss in ‘extremely challenging’ Q1

Truckload carrier Pam Transportation Services announced an operating loss for a second straight period in what it described as an “extremely challenging” first quarter.

Pam (NASDAQ: PTSI) reported net earnings per share of 1 cent compared to 23 cents in the same period a year ago. The result was below a lone analyst’s 7-cent estimate.

Gains generated from equity holdings were $3 million higher year over year (y/y), which produced a 10-cent tailwind to the EPS number. The carrier booked a loss on...

https://www.freightwaves.com/news/pam-transportation-books-operating-loss-in-extremely-challenging-q1

+ More