JB Hunt beat earnings estimates for the first time in two years.
AdvertisementTrucking company JB Hunt earned the approval of stock investors on Wednesday after a stronger-than-expected earnings report showed demand is coming back.
AdvertisementThese struggles have translated into weak market performance for JB Hunt and other freight carriers.
AdvertisementGoing beyond JB Hunt, there has been other data suggesting better prospects ahead.
DAT Freight & Analytics' trucking volume index rose year-over-year for all three different categories of freight equipment for the 12 months ended in September.
Persons:
JB Hunt, —, It's, Shelley Simpson, Nicholas Hobbs, Ken Adamo
Organizations:
Service, JB, DAT, Analytics