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0 -0.000515854953724796 -0.000960906286350205 0.000556314165781547 -0.013351539978759 -0.00475395741667944 -0.00480453143175045 -0.000897688767511299
Stock impact report

J.B. Hunt says fuel spike not yet driving intermodal conversion [Yahoo! Finance]

J.B. Hunt Transport Services, Inc. (JBHT) 
Last j.b. hunt transport services, inc. earnings: 4/14 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: jbhunt.com/company/investor_relations
Company Research Source: Yahoo! Finance
That hasn't been the case yet, J.B. Hunt Transport Services said at an investor conference on Tuesday. Despite a 30% run up in fuel prices since the start of the Iran conflict, little has changed, said Darren Field, J.B. Hunt president of intermodal, at the J.P. Morgan Industrials Conference in Washington, D.C. He said most shippers don't view energy markets as having structurally changed, noting that the price spikes haven't begun to shape customer decisions yet. Intermodal currently offers significant cost savings over TL, with FreightWaves data showing the mode is 22.8% cheaper. This is above a recent cost savings range of 10% to 15%. SONAR: Intermodal Contract Savings Index (IMCSI.USA). The IMCSI shows the savings percentage between domestic intermodal contract rate per mile and truckload contract rate per mile. The comparison includes fuel surcharges. To learn more about SONAR, click here Field didn't provide any indication on how intermodal bid season will play out this Show less Read more
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