J.B. Hunt Transportation Services Aktie News

LOWELL, Ark.--(BUSINESS WIRE)--J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) announced today that its Board of Directors has declared a regular quarterly dividend on its common stock of $ 0.43 (forty three cents) per common share. The dividend is payable to stockholders of record on May 10, 2024 and will be paid on May 24, 2024. About J.B. Hunt J.B. Hunt's vision is to create the most effici...

Trucking companies were shaken as J.B. Hunt reported earnings results rocked the industry.

Trucking companies were shaken as J.B. Hunt reported earnings results rocked the industry.

J.B. Hunt missed estimates on the top and bottom lines due to falling demand and higher labor and insurance costs. The trucking and logistics specialist had warned of a soft contract renewal pricing season.

J.B. Hunt NASDAQ: JBHT is amid an industry normalization that will reinvigorate its market. However, the normalizing is taking longer than expected, and there are risks to the economy that point to lower price action before the recovery can begin.

J.B. Hunt stock slid as much as 13% on Wednesday after an earnings report that missed estimates. Demand for its freight services was weaker than expected in the first quarter.

J.B. Hunt Transport Services (JBHT) fell nearly 8% in premarket trade Wednesday morning after the transportation and logistics company posted quarterly results that missed analysts' expectations amid softer demand.

Trucking bellwether J.B. Hunt's first-quarter earnings and sales that both came up short.