Trucking giant beefs up fleet size to meet surging demand [FOX Business Network]
J.B. Hunt Transport Services, Inc. (JBHT)
Last j.b. hunt transport services, inc. earnings: 4/14 04:05 pm
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jbhunt.com/company/investor_relations
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Source: FOX Business Network
J.B. Hunt Transportation Services Inc. is doubling the size of its 2021 fleet order in an effort to keep pace with surging customer demand. The Lowell, Ark.-based transportation and logistics provider will buy 12,000 container units and 3,000 trailers. The increased order size will result in $1.25 billion of capital expenditures during the current fiscal year, up from the company's original guidance of $850 million to $900 million. Ticker Security Last Change Change % JBHT J.B. HUNT TRANSPORT SERVICES, INC. "Our customer demand is significant," said Bradley Hicks, executive vice president and president of highway services at J.B. Hunt. The need for rail and trucks began to pick up last summer as COVID-19 lockdowns lifted, causing retailers and manufacturers to restock depleted inventories. Demand is expected to remain strong as more people are vaccinated and the economic reopening forges ahead. That could put further strain on J.B. Hunt and the rest of the indus
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News
- J.B. Hunt Celebrates 54 Drivers for Safely Driving 2M-Plus Miles, Awards $770,000 in Safe Driving Bonuses [Yahoo! Finance]Yahoo! Finance
- J.B. Hunt Celebrates 54 Drivers for Safely Driving 2M-Plus Miles, Awards $770,000 in Safe Driving BonusesBusiness Wire
- J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- J. B. Hunt Transport Services, Inc. Announces Quarterly DividendBusiness Wire
- Bear of the Day: J.B. Hunt Transport Services (JBHT) [Yahoo! Finance]Yahoo! Finance
JBHT
Earnings
- 4/16/24 - Miss
JBHT
Sec Filings
- 4/29/24 - Form 4
- 4/29/24 - Form 8-K
- 4/29/24 - Form 4
- JBHT's page on the SEC website