JB Hunt Transport Services

Truckload earnings estimates cut as Q1 draws to a close

Susquehanna Financial Group cut estimates for trucking and logistics companies heading into the first-quarter earnings season. Uncertainty around tariffs and retailers building inventories in response has turned “macroenthusiasm into pessimism,” analyst Bascome Majors told clients in a Wednesday report.

“We’re cautious into spring as the truckload cycle likely gets worse before it gets better,” Majors said, noting that “pending tariffs have caused a broad ‘wait & see’ approach for retail and...

https://www.freightwaves.com/news/truckload-earnings-estimates-cut-as-q1-draws-to-a-close

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

JB Hunt, BNSF and GMXT to launch Mexico-to-Midwest intermodal service

BNSF, J.B. Hunt Transport Services and Grupo Mexico’s Ferromex (GMXT) are launching an intermodal service that they say will slash a day off transit time between Monterrey in Mexico and Chicago and offer opportunities for customers to grow into expanding markets in Mexico.

The service will begin Jan. 1, 2024. Service will be offered between the Monterrey, Silao-Bajio and Pantaco-Mexico City regions and Chicago and the U.S. Midwest via the border gateway at Eagle Pass, Texas. The Dallas-Fort...

https://www.freightwaves.com/news/jb-hunt-bnsf-and-gmxt-to-launch-mexico-to-midwest-intermodal-service

Layoffs confirmed in BNSF Logistics brokerage unit’s sale to J.B. Hunt

An unspecified number of employees are expected to lose their jobs as the brokerage operations of BNSF Logistics transfer to J.B. Hunt Transport Services.

J.B. Hunt (NASDAQ: JBHT) announced on Sept. 14 that it would be acquiring the brokerage operations of BNSF Logistics, a subsidiary of BNSF Railway.

As reported by FreightWaves then, BNSF Logistics provides a full suite of 3PL services through employees and agents. J.B. Hunt is acquiring the truckload, drayage, expedited and less-than-truckload...

https://www.freightwaves.com/news/layoffs-confirmed-in-bnsf-logistics-brokerage-units-sale-to-j-b-hunt

Hair drug-testing guidelines sent to White House

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WASHINGTON — A revamp of a controversial proposed rule setting standards for using hair to test...

https://www.freightwaves.com/news/headline-hair-drug-testing-guidelines-sent-to-white-house