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.
Even with a better-than-expected fiscal second quarter, Greenbrier invokes several measures to protect its workers and the “viability of the enterprise.”
FedEx provides a rather dim near-term outlook on operations and announces cost savings and balance sheet actions to preserve liquidity.
Hub Group joins other transportation companies in accessing revolving credit to improve liquidity.
ArcBest battens the hatches on coronavirus concerns. The company draws down available credit and implements business continuity plan.
