J.B. Hunt warns Q3 earnings down 5%–10% sequentially; shares plunge >10% as diesel squeezes transports (Sector)

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J.B. Hunt warns Q3 earnings down 5%–10% sequentially; shares plunge >10% as diesel squeezes transports (Sector)

Trucking and intermodal leader J.B. Hunt (JBHT) CFO Brad Delco told a Morgan Stanley industrials conference that Q3 earnings are expected to fall 5%–10% from Q2…

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U.S. Diesel Hits Record ~$6.31/Gallon as Trucking and Rail Sound Alarms (Costs)

CNBC reported on Sep 16 that AAA put the U.S. national average diesel price at an all-time high of about $6.31 a gallon on Wednesday, up more than about 70% yea…

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