šµ Top 10 Highest-Paid CEOs in Freight Brokerage
Inside: FedEx's market triumph, the controversy at Yellow Corp, Waabi and Uber Freight's decade deal, and the hammer comes down on PPP loan-scamming trucker.
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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