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Home Stock Trading

Freight bellwether J.B. Hunt expects strong shipping demand to extend into 2022

by Trading How
October 15, 2021
in Stock Trading
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Freight bellwether J.B. Hunt expects strong shipping demand to extend into 2022
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Freight bellwether J.B. Hunt Transport Providers Inc. expects bottlenecks at West Coast ports to accentuate heading into the vacations, with congestion persevering with to snarl labor-strapped logistics networks and robust transport demand extending into 2022.

“Whereas peak season is upon us, we consider the bottlenecks on the West Coast are going to compact and even intensify additional peak-season capability wants into November and December,” Shelley Simpson, J.B. Hunt’s
JBHT,
+8.74%

chief business officer, mentioned on a convention name Friday to debate the corporate’s third-quarter earnings.



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