JB Hunt riding new pricing cycle – shippers must pay up

Profit

ID 87139077
© Convisum
| Dreamstime.com

Growth alone is not the objective, JB Hunt (JBHT) CEO Shelley Simpson told investors during the Q3 call that took place yesterday after the US market close.

Instead:

“Sustainable growth – that creates long-term value for our customers, our people and our shareholders – is the objective.”

Dear client: be ready to pay up!

“The largest opportunity” ahead of JB Hunt is ensuring “our pricing reflects the value we create”.

In other words, the $22bn-market-cap intermodal and trucking group is taking decisions expected to “strengthen …

 

Leave a Comment

Discover more from Mikhail Family Investment

Subscribe now to keep reading and get access to the full archive.

Continue reading