Tariff Quote Watch: JB Hunt Missed Out on Tariff Boom, Will Face Crunch — Panjiva


Tariff Quote Watch: JB Hunt Missed Out on Tariff Boom, Will Face Crunch

Corp - Ports 661 Earnings 365 Mode - Containerized 1005 Mode - Seaborne 1273 Mode - Truck 48 U.S. 3297

JB Hunt reported volume growth of just 1.0% year over year in its intermodal business in 4Q 2018. That would suggest it missed out on the pre-tariff surge seen by other U.S. logistics operators. For the new year the firm’s EVP for Intermodal operations, Terrence Matthews, has stated that container-lines are seeing 90% capacity utilization, “which should make January equal to or better from an intermodal standpoint” compared to a year earlier. The lunar new year also falls earlier than last year. In 2011, when the new year holiday started around the same time, seaborne i...

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