November 14, 2023

[VIDEO] JB Hunt 3rd Quarter Report – a tough year for trucking

[VIDEO] JB Hunt 3rd Quarter Report - a tough year for trucking
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JB Hunt has announced its Revenue yesterday for the third quarter. Intermodal which represents about half the business so year over year, excluding fuel, down 14% in terms of Revenue. Dedicated which is about 28% decline in Revenue, Brokerage really good they lost money this year, and truckload which is the last 6% income was down about 48% year over year. So Trucking not having a good year we all knew that unfortunately doesn’t seem to be a lot of relief in sight. The one concerning piece about whole thing was the final mile solution number of deliveries was down that speaks volumes of the consumer not buying things.

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