Discover economic bellwether J.B. Hunt's (NASDAQ:JBHT) key insights and observations from the Q2 2024 Earnings Call:
Key Participants:
- Shelley Simpson, President and CEO
- John Kuhlow, CFO
- Spencer Frazier, EVP of Sales and Marketing
- Nick Hobbs, COO and President of Contract Services
- Darren Field, President of Intermodal
- Brad Hicks, President of Highway Services and EVP of People
Segment Performance Drivers:
Intermodal (JBI):
- Volume down 1% YoY, driven by a 7% decline in the East, partially offset by a 4% increase in transcon business.
- Strong demand out of Southern California, with volumes up double digits.
- Margin pressure due to market pressure on yields and...
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