J.B. Hunt

Small carriers are opting to bring only a power unit to a brokered transaction.

More trucking heads weigh in on rate expectations for 2022. Following a sizable rate bump this year, it appears that rates could move considerably higher again next year.

J.B. Hunt Transport Services beat second-quarter expectations Monday. However, the back half of 2021 will depend on how well the railroads and shippers can improve their operations.

J.B. Hunt Transport Services reported better-than-expected second-quarter results Monday as the company saw double-digit revenue growth in all divisions when compared to the year-ago period, which contained widespread lockdowns from COVID protocols.

J.B. Hunt shares sustainable environmental and social highlights for 2020, but the company’s only emission-reduction target relates to carbon intensity.

This week: J.B. Hunt inspires inclusion with in-house resource groups, ParkMyFleet sponsors first U.S. solar car race and Flock Freight creates a trucking-inspired playlist.

Outside funding totals nearly $5 billion as Waymo’s expenses rise to expand driverless ride hailing and high-autonomy trucking software.

This week: J.B. Hunt announces $1M endowed scholarship for supply chain inclusion, OTR Capital’s new web series showcases life on the road, and tank driver could become Canada’s first NTTC Driver of the Year.

The servitization of the trucking industry means there is a need for carriers to have better transparency of their available equipment in order to add new revenue streams.

FreightWaves chats with chief sustainability officers about their experience and how they drive sustainable change at each company.

Appearing at an investor conference Wednesday, management from J.B. Hunt Transport Services said delivery schedules for new containers are being hindered by a lack of ocean capacity, not manufacturers’ build schedules.

First-quarter earnings reports from truckload carriers highlight a booming freight market. A strong consumer, tight truck capacity and elevated rates appear the likely dynamics for the remainder of the year.

Cass data published Friday highlights new records as volumes reaccelerate and rates soar.

J.B. Hunt Transport Services updated its long-term division margin targets on its first-quarter call Thursday.

J.B. Hunt Transport Services announced first-quarter results well ahead of analysts’ expectations.

The Women In Trucking Association’s partnership with Girl Scouts of America enables local transportation companies and troops to plan a “Trucks Are For Girls” Event with the purpose of obtaining a Transportation Badge.

Trucking companies cite safety concerns in their request to FMCSA to allow limited use of hair testing to screen for drugs.

In 2020, J.B. Hunt reported more than 1.2 million loads were processed through its platform, exceeding $1.4 billion in transactions.

Wells Fargo transportation research analyst Allison Poliniak-Cusic raises expectations for intermodal providers in a new report. Favorable catalysts for the mode are expected to carry into 2022.

J.B. Hunt believes recent winter storms will negatively impact first-quarter operating income by $15 million to $20 million. The company said it had been successful advancing its intermodal service initiatives prior to the storms.

It appears Google and J.B. Hunt envision that their joint effort will become an innovation platform to support the J.B. Hunt 360 marketplace.

The software platform could help restore “lifetime value” to the 9.5 million tons of furniture that end up in landfills each year.

Combining Hunt’s data and Google’s tools will yield differentiated service offerings.

Appearing at an investor conference, J.B. Hunt CEO John Roberts said this year’s intermodal bid season will go a long way in determining whether the company curtails the division’s margin target.

Proposed mandatory guidelines to hair test for drugs could change — or see a lengthy delay.

J.B. Hunt Transport Services’ fourth quarter came in better than expected. However, the company said it was reviewing long-term margin targets across all segments. Intermodal margin forecasts may be reduced but other units could see upward revisions.

J.B. Hunt Transport Services’ fourth quarter outpaces analysts’ forecasts. Brokerage, truck and final-mile divisions benefit from revenue surge.

“FreightWaves has developed this incredible media company” around its SONAR platform, says Matt Waller, dean of the Sam M. Walton College of Business.

J.B. Hunt is providing funding to the Walton College of Business to increase awareness for sustainability and inclusivity in supply chains. “The amount of research and collaboration that can go on with this gift is immeasurable,” Matt Waller, dean of Walton College, said.

J.B. Hunt Transport Services captures a top spot in FreightWaves’ FreightTech 25 for the third consecutive year.

J.B. Hunt issues intermodal service advisory as railroads BNSF Railway and Norfolk Southern implement gate restrictions in Los Angeles and Chicago.

J.B. Hunt adds to its final-mile network through acquisition for the fourth time since 2017. The company announces the acquisition of commercial fitness delivery and installation company Mass Movement.

A few images convey a great deal about the intermodal rail model.

J.B. Hunt Transport Services announces several changes to the executive roster on Tuesday, including the appointment of John Kuhlow as the company’s permanent chief financial officer.

Which of the big seven railroad companies has a volume growth strategic plan to sync with J.B. Hunt?

Given the tight market, Hunt customers can expect to hear from company soon on need for rate increases to cover higher costs

Daimler Trucks’ electric truck mileage milestone and new orders for battery-powered trucks at Workhorse Group and Motiv Power Systems keep the juice flowing in industry’s nascent transition from diesel.

Management from J.B. Hunt sees the current inventory replenishment cycle sustaining a high freight demand environment through the first quarter of 2021.

FreightWaves’ LIVE @HOME virtual conference saw 22 companies showcase FreightTech innovations. Seven were awarded best of show for their outstanding virtual demonstrations.

The industry’s brightest minds displayed their cutting-edge solutions in 7 minutes or less.

The Cass Freight Index booked 7% sequential gains in shipments and expenditures during September.

Shares of J.B. Hunt Transport Services move 9% lower after the company fails to meet recently raised analyst expectations. Intermodal service headwinds and elevated costs were the culprits.

J.B. Hunt Transport Services misses 3Q estimates by 9 cents per share. Revenue and operating income climb 5% but a variety of cost inflation and a tough truck brokerage market weigh on the quarter.

With many data points sitting at cycle highs, several industry participants are calling for the trucking market’s bull rally to last well into 2021.

Tightening truckload and intermodal markets have carriers expecting the hot freight market to carry forward. One carrier is calling for large rate increases in 2021.

Major trucking companies have warned of capacity shakeout.

The truckload carriers have reported solid results to start second quarter earnings season, but some load data is still lagging.

J.B. Hunt easily bests consensus forecasts led by better-than-expected intermodal and dedicated results. The back half of 2020 remains hazy on COVID-19 fears.

J.B. Hunt Transport Services posts a solid second quarter, besting analysts’ forecast by 31 cents per share.

Driving experience — not age — had a greater impact on safety, according to study.

Matthew Waller will receive the Distinguished Service Award during EDGE 2020 Live!

Deal covers 300+ drivers over classification questions

Several other companies cited in overall bullish report

Digital freight matching has pushed the industry to adapt.

Truckload and transportation companies talk freight markets ahead of reopening with some calling a market bottom in April as spot rates remain below breakeven.

Industry Keynote with Shelley Simpson, Executive Vice President, Chief Commercial Officer and President of Highway Services, J.B. Hunt, followed by a Live Q&A with Emily Szink, EVP of Content, FreightWaves

FreightWaves LIVE @ HOME will still feature the rapid fire demonstrations that FreightWaves events are known for, giving companies across the industry a chance to showcase their most innovative products.

Fewer brokers and more engineers make operating costs less flexible, and we question the “take market share” mantra.

The Canadian government has ordered thousands of coffee cup-sized Spartan Cubes, but it remains unclear if it will deploy them at border crossings.

The J.B. Hunt first-quarter conference call provided a mixed bag of anecdotes. While concerns mount over economic disruption, the company has some offsets.

J.B. Hunt’s first quarter results, while slightly below consensus, were likely not as bad as feared. The company’s outlook provided on its earnings call will be the takeaway.

While transportation industry participants have an abundance of questions loaded for management teams this earnings season, answers on the future will be tough to provide.

Tyson Foods plans to pay drivers and essential personnel $60 million in “thank you” bonuses for service during the pandemic.

A new front has opened up in the battle over AB5 as both sides use the COVID-19 pandemic to bolster their positions on the controversial labor law

P.A.M. Transportation says it has temporarily laid off approximately 75 employees as auto plant closures increase.

J.B. Hunt announces $500 one-time bonus for drivers and field staff serving during COVID-19 pandemic.

Trucking Alliance-backed analysis supports group’s push for federal testing changes.

Coronavirus hits markets, mass layoffs at Starsky, ex-employee talks MDL, J.B. Hunt becomes an NVOCC and more

Charley Dehoney writes about digital brokerages and what they really are and do…

FreightWaves CEO Craig Fuller chats with Shelley Simpson, Chief Commercial Officer of J.B. Hunt.

Quarantines and factory shutdowns could deepen and extend the traditional Chinese New Year trough.

J.B. Hunt’s fourth quarter call addresses some challenges facing its brokerage and intermodal businesses.

J.B. Hunt reports lower-than-expected earnings in the fourth quarter as weaker market conditions and increased investment weigh on results.

With the acquisition of RDI Last Mile Co., J.B. Hunt’s Final Mile Services group will have 104 locations and 3.2 million square feet of warehouse space.

Ben Thrower writes about what most in the trucking industry know – 2019 was a tough year for almost everyone.

Legislation demands OMB and HHS estimate rule publication date.

FreightWaves CEO Craig Fuller chats with J.B. Hunt Chief Commercial Officer Shelley Simpson.

“We actually don’t think we can do it ourselves. There won’t be one winner inside this space. We have to transform our shippers, brokers and carriers. We have to move forward together for everyone to benefit.” — Shelley Simpson on the power of collaboration, cooperation and bridging markets.

CHICAGO – The technology transformation that’s underway in freight transportation is badly needed to eliminate billions of dollars in annual waste and improve service for shippers and carriers of all […]

Hunt thinks that an additional 7 to 11 million loads per year could shift from the highway to intermodal.

Camera monitoring systems could eventually replace bulky exterior mirrors on Class 8 trucks. Stoneridge Inc. and Robert Bosch are the only two suppliers deep into the safety and fuel-saving technology so far.

J.B. Hunt Transport Services reports earnings light of expectations, but cost headwinds from digital platform transformation appear to be the primary culprits.

Freight shipments and expenditures declined on a year-over-year basis again in September according to the latest Cass Freight Index Report. The firm now believes that the index is “signaling an economic contraction.”

Now Goldman thinks that ISM data won’t turn positive until Q2 2020.

Carloads on the railroads remained under water in the first week of the fourth quarter 2019. Intermodal weakness will be in the spotlight as third quarter earnings season approaches.

Third quarter 2019 is likely to see another step down in earnings expectations for the year. Equity analysts have been busy lowering estimates on many publicly traded transportation companies.

A round at this valuation puts Convoy one step closer to an IPO.

The outlook from JBHT was notably better than the concern around the lack of an uptick in seasonal demand that many carriers expressed at multiple investor conferences in May and June.

New categories to be added to types of crashes deemed “not preventable.”

This morning (July 8) Morgan Stanley’s transports equities analysts cut their 12-month price targets for most of the companies they cover, but said that following the release of second quarter […]

Maximum limit would be required for new and existing trucks weighing over 26,000 lbs.

2019 is shaping up to be the worst year for trucking in the past five years.

Input from transportation partners shaped food giant’s distribution centers, with the aim of keeping drivers there are little as possible.

The Trucking Alliance urges action on federal hair-testing guidelines

A five-month drought in Panama has reduced freight carrying capacity of the country’s canal of ocean carriers by nearly one-fifth. It’s also giving an unseasonal boost to shipping rates for […]

The Plug and Play tech center is opening a new supply chain and logistics accelerator program in Bentonville, Arkansas, the center announced on May 14. The program will bring startups […]

J.B. Hunt is transforming into a truly mode-agnostic capacity provider.