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Repeat with me: quarterly 2023 vs 2022 (or 2021) comparisons are a waste of time.


Proof of that came yesterday after the US market closed.

JB Hunt as usual opened the earnings season for intermodal and trucking within transport and logistics (T&L). And the headline numbers looked just as painful as they are incredibly reassuring.

Several bearish comments have highlighted its performance, the scary red arrows all across its P&L standing out, with: $3.23bn Q1 23 sales, down 7% quarterly; $277.5m operating income ...

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