J.B. Hunt Transport Services, Inc. - Common Stock (JBHT)
169.25
+0.28 (0.17%)
J B Hunt Transport is a prominent transportation and logistics company that offers a wide range of services, including truckload shipping, intermodal transportation, and logistics management
The company operates an extensive network of freight transportation solutions, effectively connecting shippers with their customers across North America. By leveraging advanced technology and innovative supply chain strategies, J B Hunt aims to provide efficient and reliable transportation services tailored to meet the diverse needs of various industries. Additionally, the company places a strong emphasis on sustainability and safety in its operations, striving to minimize environmental impact while maintaining high service standards.
J.B. Hunt leads truckers lower in January, but they won't stay down long. The freight industry is set to rebound in 2025 and support capital return growth.
After yesterday’s extraordinary advance across major indexes in the stock market, today those indexes understandably took a breather. The Dow returned -68 points of yesterday’s +700, or -0.16% on the session.
The current surge in freight demand and limited carrier capacity has created a beneficial shift for major logistics companies, leading to increasing rates.
Small-cap stocks outperformed large caps in Wednesday's session, with the Russell 2000 Index surging to test July 2024 highs on the back of expectations for interest rate cuts and a strong rally in regional banks.
