J.B. Hunt Earnings Tumble on Falling Freight Rates

  • 📰 WSJ
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

The carrier is the first major domestic operator to report quarterly earnings in a weak U.S. shipping market

Declining revenue per load offset slight increases in freight volumes at J.B. Hunt’s intermodal and truckload segments.J.B.

Hunt Transport Services’ profit sank in the third quarter, sending a warning sign across a freight sector coping with slack demand and weak pricing.Continue reading your article with

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Japanese stocks tumble as Hang Seng fallsSupported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.
Source: MarketWatch - 🏆 3. / 97 Read more »

Here's what all the major analysts expect from Goldman Sachs' earnings TuesdayThe bank is scheduled to report its third-quarter earnings on Tuesday before the market opens.
Source: CNBC - 🏆 12. / 72 Read more »

Wall Street's earnings recession may be overAnalysts expect earnings growth for the first time in three quarters.
Source: axios - 🏆 302. / 63 Read more »

Dow futures tick higher, earnings season comes into focusDow futures tick higher, earnings season comes into focus
Source: Investingcom - 🏆 450. / 53 Read more »