After hours: 4:46PM EDT
|Bid||77.00 x 800|
|Ask||98.50 x 1300|
|Day's Range||92.17 - 95.59|
|52 Week Range||88.38 - 131.74|
|Beta (3Y Monthly)||1.08|
|PE Ratio (TTM)||20.88|
|Forward Dividend & Yield||1.04 (1.10%)|
|1y Target Est||N/A|
Brian Grandolf (not his real name) frantically cleaned his new home office, making room for the desk he ordered online to arrive and complete the space. When the last-mile delivery company truck pulled up streetside – three days after it was supposed to arrive – the driver quickly assessed the situation and realized that the pallet jack would never climb the three steps onto the porch, much less squeeze through the front door.
A five-month drought in Panama has reduced freight carrying capacity of the country's canal of ocean carriers by nearly one-fifth. Starting next week, the Panama Canal Authority will reduce the maximum allowable draft for the largest of ships that use the Neopanamax locks to 43 feet. The draft restrictions are the sixth that the Authority has had to put in place since the beginning of this year.
Truckers, fleet managers, and brokers face any number of regulatory tasks, load optimization and business decisions every single day. Out of the numerous vendors and solutions that presented their wares at Transparency 19, here are the Best in Show winners. Chicago-based HubTran has created a web-based platform that can help third-party logistics providers (3PLs) and freight brokers process invoices and other documents from carriers and factors.
JB Hunt (JBHT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
The Plug and Play tech center is opening a new supply chain and logistics accelerator program in Bentonville, Arkansas, the center announced on May 14. The program will bring startups from around the world to a region that is home to the program's three founding partners – J.B. Hunt Transport Services (NASDAQ: JBHT), Tyson, Inc. (NYSE: TSN) and Walmart Inc (NYSE: WMT)– along with a network of companies that support these businesses and the University of Arkansas. An official launch event will take place in Bentonville this summer.
This weekend's Barron's cover story offers seven dividend stock picks for volatile times. Other featured articles have picks from the Sohn Conference and examine a little-known key to better stock performance. ...
Shares of the intermodal transport company have slumped. But improvements in the railroad system should help increase volumes.
In a panel discussion, "The Bull, the Bear and the Other Guy," moderated by FreightWaves President George Abernathy, insight was provided about the direction of the freight markets and how disruptors and technology will lead the way.
Over the last decade, J.B. Hunt (NASDAQ: JBHT) has not only tripled in size, but has evolved from a big truckload and intermodal operator to offering dedicated services and what has turned into a billion-dollar brokerage and third-party logistics provider (3PL). The next stage, according to Shelly Simpson, the company's chief commercial officer, executive vice president and president of Highway Services, is to become a major transportation technology innovator. "We don't think we're going to be the only technology platform that's going to do good work – we think there will be other people right beside us," Simpson said during a keynote "WavesSide Chat" with FreightWaves President George Abernathy, at FreightWaves' Transparency19 event in Atlanta, Georgia on May 7.
J B Hunt Transport Services Inc NASDAQ/NGS:JBHTView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for JBHT with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding JBHT totaled $5.90 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Machine learning and artificial intelligence took the spotlight as 10 companies showcased the latest in technology that is disrupting the transportation and logistics world at Transparency19 in Atlanta. Each presenter had just seven minutes to show their offering as part of the Rapid Fire Demos during the first day of FreightWaves' conference in Atlanta on May 6. "We truly believe this is the Tech Crunch of the logistics industry," Vivek Prasad, co-founder of KoiReader, said while showcasing his document-processing solution.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! I've been keeping an eye on J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) because I'm att...
J.B. Hunt (NASDAQ: JBHT) announced the launch of a drop trailer program called J.B. Hunt 360box that will give small carriers using the app access to drop and hook freight. In October 2017, FreightWaves predicted that third-party logistics providers (3PLs) would create trailer pools to better service their customers and keep carriers engaged on their platforms. Since then, Convoy, Uber Freight, and Arrive Logistics have rolled out drop trailer programs, but we think that J.B. Hunt's offering is the most significant so far.
We do things a little differently here at FreightWaves, and our events are no exception. To help prepare you for the week ahead, we've compiled a top 10 list of things you can expect at Transparency19, ...
J.B. Hunt Transport (NASDAQ: JBHT ) has consolidated its sales, operations and customer support functions for its Mexican subsidiary in a new office in Santiago de Querétaro, Querétaro, Mexico. The office ...
The world's biggest retailer made a splash in truck brokerage circles after Freight Waves reported on Friday that Amazon's service, launched in a handful of Northeastern states last summer, was discounting market rates by as much as one-third. "The analysis suggesting dramatic undercutting of pricing is false," Amazon said in a statement. Analysts said its fight for a slice of the more than $700 billion (536.8 billion pounds) U.S. companies spend on trucking each year could pose a long-term threat to leading truck brokers like C.H. Robinson Worldwide and United Parcel Service.
XPO Logistics' (XPO) first-quarter 2019 results are likely to gain from strong performance of its logistics segment backed by significant e-commerce growth.
For freight brokers, the story in the first quarter of 2019 was one of relatively normal freight volumes, loose capacity and margins that widened even as brokers bid aggressively on contract freight and undercut asset-based carriers. Take J.B. Hunt's (NASDAQ: JBHT) brokerage, Integrated Capacity Solutions (ICS), as an example.
The footprint of U.S. freight transportation has been contracting for nearly four decades. Today, it is demand-driven as digital commerce shifts control to buyers, many of whom want deliveries the next day or sooner, forcing retailers and providers to position their goods even closer to the consumer. Railroads and intermodal service providers may find their legacy long-haul networks are out of step with today's distribution patterns.
Union Pacific Stock Rose Due to Upbeat Q1 EarningsEarnings beat the estimates Union Pacific (UNP) stock was trading ~3% higher during the pre-market trading session on April 18. The company reported strong first-quarter bottom-line results. Union