J.B. Hunt Transport: Volume Performance Suggests Recovery On Track
J.B. Hunt Transport Services(JBHT) Seeking Alpha·2024-02-07 09:45
Tempura/E+ via Getty ImagesSummary Following my coverage of J.B. Hunt Transport Services (NASDAQ:JBHT), for which I recommended a buy rating due to my expectation that the downcycle for JBHT is likely to be over and that it should see positive volume growth ahead, this post is to provide an update on my thoughts on the business and stock. I remain positive about the JBHT recovery trajectory, as can be seen in the intermodal [IM] segment volume performance. As volume increases, positive pricing growth sh ...