money

SEEKING ALPHA reports: “J.B. Hunt Transport (NASDAQ:JBHT) spiked 6% in today’s trade ahead of Monday’s anticipated Q2 earnings report, in which Wall Street consensusforecasts EPS of $1.39 on 7% higher revenues to $2.29B. Shares appeared to benefit from news that Midwest less-than-truckload carrier LME “suddenly and abruptly” shut down its operations, which will result in less capacity in the market; other trucking names also rose today, including YRCW +8.8%, KNX +6.5%, XPO +6.1%, SNDR +5.7%, ODFL+5%, SAIA +4.1%, WERN +3.9%, CHRW ...

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