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The Road Ahead For UPS: Can Stock Deliver After Contract Deal?
Monday, July 31, 2023 - 9:07am | 901What's next for United Parcel Service Inc. (NYSE: UPS) stock after management and the Teamsters union came to an agreement on a new contract, averting a strike? Judging by the stock's price action since the parties struck a deal, investors seem unsure of what to expect now....
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Truck Talk: Autonomous Patent Edition
Friday, July 2, 2021 - 4:25pm | 1358This week, we look at how technology patents suggest possible winners and also-rans in the autonomous trucking race to commercialization. And Cummins cuts a deal that replaces the sunsetting of its 20-year-old natural gas joint venture with Westport Fuel Systems. A Patent Argument Sizing up the...
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Today's Pickup: JB Hunt, Schneider Lead SmartWay Excellence Award Winners
Tuesday, October 8, 2019 - 12:42pm | 781Good day, J.B. Hunt (NASDAQ: JBHT) and Schneider National (NYSE: SNDR) were among five companies that were named U.S. Environmental Protection Agency (EPA) SmartWay Excellence Award winners on Monday at the American Trucking Associations Management Conference & Exhibition in San Diego. The...
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J.B. Hunt Posts Earnings Of $133.6 Million In Second Quarter, Down 10 Percent From A Year Ago
Tuesday, July 16, 2019 - 10:44am | 534JB Hunt (NASDAQ: JBHT) posted net earnings of $133.6 million, or $1.23 a share in the second quarter of 2019, down from $151.7 million, or $1.37 a share in the same period a year ago. The company's earnings per share fell short of analysts' expectations by $0.13 in the second quarter. The company'...
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Plug And Play Partners With Walmart, Tyson And J.B. Hunt On Supply Chain And Logistics Accelerator In Northwest Arkansas
Tuesday, May 14, 2019 - 2:01pm | 863The Plug and Play tech center is opening a new supply chain and logistics accelerator program in Bentonville, Arkansas, the center announced on May 14. The program will bring startups from around the world to a region that is home to the program's three founding partners – J.B. Hunt...
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Barron's Picks And Pans: Community Health, GM, JB Hunt, Uber, UPS And More
Saturday, May 11, 2019 - 3:11pm | 718This weekend's Barron's cover story offers seven dividend stock picks for volatile times. Other featured articles have picks from the Sohn Conference and examine a little-known key to better stock performance. Also, a disappointing initial public offering, two bargain transport plays, and...
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J.B. Hunt Forging New Customer Links
Wednesday, May 8, 2019 - 11:24am | 863Over the last decade, J.B. Hunt (NASDAQ: JBHT) has not only tripled in size, but has evolved from a big truckload and intermodal operator to offering dedicated services and what has turned into a billion-dollar brokerage and third-party logistics provider (3PL). The next stage, according to...
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J.B. Hunt Misses Analysts' First Quarter Earnings And Revenue Estimates
Tuesday, April 16, 2019 - 10:15am | 967J.B. Hunt Transportation Service's (NASDAQ: JBHT) earnings and revenues fell short of analysts' expectations in the first quarter of 2019, causing its stock to drop 4 percent at the end of trading on Monday, April 15. The Lowell, Arkansas-based company reported earnings of $...
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FMCSA Drug Testing Program in DOT Crosshairs
Thursday, December 20, 2018 - 1:01pm | 724Internal auditors at the U.S. Department of Transportation could soon be conducting a review of the FMCSA's drug testing program as part of a transportation industry-wide mandate, FreightWaves has been told. "There's no formal plan at this point," an official with DOT's Office...
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Latest Phase in J.B. Hunt vs. BNSF Leads to Big New Charges for Hunt; Process Ending Soon?
Monday, December 17, 2018 - 5:53pm | 1136J.B. Hunt (NASDAQ: JBHT) is taking a hit $134 million hit in its long-running dispute with BNSF as the matter moves toward a resolution. In a filing with the SEC, Hunt said the arbitrator in the case had handed down a Clarified Interim Award, the cost of which Hunt estimates at $134 million. The...
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Earnings Expectations for the Week of October 8
Monday, October 8, 2012 - 6:31am | 971The quarterly report from Alcoa (NYSE: AA) traditionally kicks off a new earnings season. Joining Alcoa on the earnings schedule this week are Costco Wholesale (NASDAQ: COST), J.P. Morgan Chase (NYSE: JPM), Safeway (NYSE: SWY), Wells Fargo (NYSE: WFC) and Yum! Brands (NYSE: YUM). Here is a look at...
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Jefferies Previews J.B. Hunt's Q1: 11 Earnings (JBHT)
Thursday, April 7, 2011 - 7:41am | 173Jefferies is out with its report today on J.B. Hunt (NASDAQ: JBHT), previewing Q1: 11 earnings. In a note to clients, Jefferies writes, "For 1Q:11, we expect JBHT to report $0.39 EPS vs consensus of $0.38 and $0.29 in 1Q:10. Intermodal should continue to be a main driver of growth as we expect 15....
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Piper Jaffray Reiterates Overweight on J.B. Hunt (JBHT)
Monday, January 31, 2011 - 9:12am | 139Piper Jaffray is out with its report today on J.B Hunt (NASDAQ: JBHT), reiterating Overweight and its $48 price target. In a note to clients, Piper Jaffray writes, "On Friday before the market JBHT reported EPS of $0.46 (+44.0% y-o-y) a penny above Consensus and our $0.45 estimate. Netting a tax...
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Deutsche Bank's Top Freight Picks
Thursday, November 11, 2010 - 9:23am | 75In Deutsche Bank's Freight Tracker published yesterday their 3 top picks were FedEx Corporation (NYSE: FDX), J.B. Hunt (NasdaqGS: JBHT), and Union Pacific (NYSE: UNP). FDX closed yesterday at $88.12. FDX also announced the opening of offices in Budapest, Prague, Madrid, Milan, and Antwerp. JBHT...