T&L stateside: bargain basement hunting back in vogue
Some to like, some to dislike
Seven prominent executives on the call with analysts, one (headline) earnings-per-share (EPS) miss later, JB Hunt may well get out of 2023 stronger than expected, judging by its annual results released yesterday, 18 January, after the US market closed.
But the pain was felt.
For a break-down snapshot of the numbers by business unit read this, keeping in mind again that thanks to fundamentals, excluding certain adjustments, JB Hunt (JBHT) seemed to have pleased investors ahead of regular trading hours, but…
… the ...
Maersk sets new chartering record with deal for $150,000 a day
Forwarders 'being squeezed' as spot and contract rates move further apart
Maersk pulls out of DB Schenker bid after identifying 'challenges' in integration
MSC and CMA CGM roll out new shuttle services as intra-Asia rates soar
Return to double-digit spot rate gains looms with new FAK hikes and surcharges
Demand for air freight 'perking up', but this puts pressure on capacity
Idle containership fleet dips to pandemic era lows as carriers hunt tonnage
US imports still rising – 'strongest performance since the pandemic'
Comment on this article