Majors sign Evergreen contracts at higher rates, but smaller clients more wary
Evergreen’s corporate clients have committed to year-long transpacific shipping contracts at higher rates, despite uncertainty ...
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© Yanik Chauvin
| Dreamstime.com
Damn it: another case of a ’lost quarter’ for JB Hunt?
Yes and no.
The disclosure of Q1 25 numbers released after the US market close yesterday didn’t lift animal spirits.
Stock down -6% to $126.8 in pre-market today – if confirmed in regular trade that would be a new 52-week low. And also its lowest level since late 2020.
And that’s not where the bad news ends.
With core Intermodal and Dedicated business units under pressure in terms of earnings power*, while the three ...
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