US intermodal picking up steam as trucking woes continue
After a long trough of sluggish performance, US intermodal traffic is growing, and the market ...
SEEKING ALPHA reports:
– Citi turns constructive on J.B. Hunt Transport Services (NASDAQ:JBHT) with an upgrade to a Buy rating from Neutral.
– The firm expects strong earnings growth for J.B. Hunt for the next few years.
– “We believe we are entering a multi-year earnings growth cycle, most similar to 2012-2015, which could see ~80-100% EPS growth over three years as a solid freight cycle drives its established segments, while its emerging segments swing to profitability and power out-year growth.”
To read the full post, please click here.
Comment on this article