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J.B. Hunt Sees Strong Freight Demand as Rising Costs Pressure Q3 Earnings
Source: marketbeat.com
Transportation & LogisticsCorporate Guidance & OutlookCompany Fundamentals
J.B. Hunt said freight demand remains strong across most of its business lines, but expects third-quarter earnings to face pressure versus the second quarter. Higher driver-related expenses, fuel costs and claims costs are the primary headwinds, creating a cautious near-term margin outlook for the transportation company.
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