News / JB Hunt eyes revival in struggling intermodal market, but it will be a hard slog

© Alan Stoddard

After a disappointing 2022, intermodal heavyweight JB Hunt is resigned to a flat first quarter – but hopes for a revival in the spring, citing positive signals from clients.

However, the intermodal market in the US is facing serious headwinds, which may not dissipate until much later this year.

JB Hunt missed market expectations in the final quarter last year, with earnings of $1.92 per share, more than 50 cents lower than anticipated. Revenues climbed 4%, year on year, to $3.65bn, but ...