2024-07-18 09:10:25 ET
Summary
- J.B. Hunt Transport Services, Inc. faces challenges with lower freight volumes and pricing environment in Q2 ’24, leading to dependence on volumes for growth with the risk of tighter margins.
- Despite mixed macroeconomic data, inventory replenishment may lead to higher shipping volumes at lower prices, impacting margins and top-line growth.
- The pricing cycle for e2h24-e1h25 has been set with disappointing rates. This may lead to a lackluster eFY24 and position J.B. Hunt for a strong eFY25 pricing cycle.
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J.B. Hunt Transport Has Some Pain Ahead Of The Upcycle