Topic: J.B. Hunt


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Shippers Ready to “Bear the Brunt” of Higher Trucking Rates for Electronic Logging Devices

Most truckload executives and brokers say the productivity hit on the implementation of electronic logging devices by December 2017, will be in the 4-to-7 percent range.

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Most truckload executives and brokers say the productivity hit on the implementation of electronic logging devices by December 2017, will be in the 4-to-7 percent range.

Facing the tightest spot truckload market in at least four years, the number of available loads on the spot truckload freight market jumped 5.4% during the week ending Sept. 30 and tight capacity sent the load-to-truck ratio for van freight into uncharted territory.

Taking steps to expand its e-commerce delivery platform, trucking and intermodal services bellwether J.B. Hunt (JBH) recently announced it plans to acquire Special Logistics Dedicated LLC (SLD) for $136 million, with the deal subject to customary closing conditions.

The Council of Supply Chain Management Professionals (CSCMP) announced the creation of the Supply Chain Hall of Fame, honoring individuals and groups that have made outstanding contributions to the supply chain discipline.

Fiscal pressures are being felt across all service offerings in the transportation industry, including Intermodal, Over the Road, Brokerage, and Dedicated.

Additional capacity is not being brought on, as carriers are not betting on the come, they were burned in the Great Recession and they will not repeat the pain.

Analysts and top trucking executives agree that a sharp focus on a durable business plan and dependable operations are vital to remaining profitable in one of the most challenging trucking environments in history.

CEO's across the supply chain spectrum provide in-depth analyses of factors driving capacity and ways to address it.

Trucking and intermodal services bellwether J.B. Hunt (JBH) kicked off the first quarter earnings season in style with record net earnings of $50.1 million or $0.40 per share compared to net earnings of $37.5 million and $.029 per share a year ago.

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Steady economic improvement throughout the course of the second quarter paved the way for an excellent performance for trucking and intermodal services provider J.B. Hunt.

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Railroad volumes for the week ending July 10 were down year-over-year and compared to 2008, according to the Association of American Railroads (AAR).