Results from JB Hunt confirm Cass Freight Index – up 11% from May and 27.9% compared to June 2019. JBH’s revenue is up 36%, and profits are up 38%.
Segments (year over year):
It isn’t pleasant out there – but you knew that. So now you can tell your boss. The only silver lining – JBH is adding capacity (Tractors), and the brokerage unit is making the supply chain more efficient.
Separately, congratulations to one of the family:
AutoScheduler.ai, the system that tells the WMS what to do and when to do it (aka schedules activities), is mentioned in the Gartner Hype Cycle as adding “high value” – see more here or schedule a rapid assessment.