- J.B. Hunt once again delivered a better-than-expected quarter as strong volumes, pricing, and execution helped offset a variety of challenges including overloaded ports and railyards.
- Pricing moves should really kick in in the second half of the year, as service quality and asset velocity improve. Over the longer term, e-commerce and asset-light businesses offer upside.
- I believe J.B. Hunt shares could definitely see $180 (or higher) again before this cycle fades, but the longer-term returns look more mediocre now.
For further details see:
J.B. Hunt Delivering Stronger Results Through Challenging Times