Now gauge the full downside with JB Hunt
And tech risk too rises
American continental freight all-rounder JB Hunt has had better years, but it’s also had worse.
Full-year revenue in 2019, it said last month, was up 6% to $9.2bn, with operating income up 8% to $734m, albeit off a ropey 2018.
The obligatory conference call between management and analysts lasted an hour.
As usual, in the name of saving your valuable time, we’ve had a listen (link to the transcript here), whittled out 90% of the management gobbledygook and lost barely any meaning.
What follows ...
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Capture of MSC Aries will further drive up Indian export costs
Iran may now pose a threat to multimodal supply chains via Dubai
Alex Lennane
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During August 2023, please contact
Alex Whiteman
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Alessandro Pasetti
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