Tag: intermodal
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It’s simple, J.B. Hunt president says: ‘We’re in a freight recession.’
[ad_1] “‘Simply stated, we’re in a freight recession.’” — J.B. Hunt President Shelley Simpson Trucking and transportation company J.B. Hunt Transport Services Inc. reported late Monday first-quarter profit and revenue that fell below expectations, as volumes and revenue per truckload declined amid a “freight recession.” “To start, we’re in a challenging freight environment where there…