Richard White (gratefully) raises a glass to a record WiseTech
Hot to think about tech, logistics and priorities
JB Hunt opened the earnings season in logistics with a bang yesterday and one of its best interim updates in a very long time. But the glory days of Q1 ’21 also force difficult decisions.
As the table above indicates (click to expand), all the key group metrics moved in the right direction, and that’s not to mention: soaring free cash flow yield, thanks to the cash machine that it currently is, having invested less in capex, $85m versus $128m in Q1 ...