๐ฃ Freight vs. Tariffs
Plus, two trucking firms close, harassment claims at TIA conference, a 19.5% week-over-week drop in spot loads, and more.
J.B. Hunt reports Q2 earnings, impacted by weaker demand, with uncertainty around 2023 peak shipping season.
J.B. Hunt Transport Services reported Q2 earnings per share of $1.81, falling short of expectations due to soft demand, and indicated uncertainty around the impact of the 2023 peak shipping season. While intermodal volumes outpaced the industry, the company's brokerage revenue and truckload segment saw declines, but the dedicated unit reported its highest-ever operating income.
Source: FreightWaves
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