T&L stateside: bargain basement hunting back in vogue
Some to like, some to dislike
To set the mood for the opening of earnings season in transport and logistics stateside, the conference call with JB Hunt management didn’t produce any particularly good vibes, but rather pointed to a transition period for the $17bn-market-cap trucking and intermodal player.
Nonetheless…
Some worthy nuggets* deserve a mention – concerning bad debt claims, in particular, in my view – alongside its solid financial delivery at group level. Talking of which, the highlights contained in the snapshot below should be helpful…
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Amazon pushes into LTL for small package fulfilment and UPS does a u-turn
New senior management for DSV as it readies for DB Schenker takeover
Volumes set to 'fall off a cliff' as US firms hit the brakes on sourcing and bookings
Asian exporters scramble for ships and boxes to beat 90-day tariff pause
Temporary tariff relief brings on early transpacific peak season
'Tariff madness' will prompt renegotiation of ocean shipping contracts
Response to tariffs by Chinese importers may see extra costs for US shippers
Forwarders 'allowing the fox into the chicken run' by supporting 'hungry' carriers
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