$52.29
-0.02 (-0.04%)
J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)
CAPS Rating:
The Company is a full-load and multi-modal transportation service company in North America.
The Company is a full-load and multi-modal transportation service company in North America.
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Recs
Trucking is an energy intensive industry which can be, in part, substituted by rail. Recent expansion of oil production by Saudi Arabia will be in the long run trivial and will not lead to any significant reduction in diesel costs. This is a tough industry to be in now. I'd expect some kind of shake out soon.