J.B. Hunt Transport Services (NASDAQ:JBHT) Downgraded by Zacks Research to "Hold"

J.B. Hunt warns of earnings drop as diesel hits record high

The trucking company's finance chief said fuel costs are causing "the most radical and abnormal swings" in prices he has ever seen

UPDATE 1-J.B. Hunt shares tank as higher trucking costs prompt CFO's warning on possible profit drop

J.B. Hunt shares fell significantly after its finance chief warned of lower third-quarter profits. Higher transportation and diesel prices increased company expenses considerably. Other trucking firms also experienced share price declines following this news. The company faces challenges with intermodal prices lagging behind rising operational costs. Increased driver hiring and fuel expenses are impacting the trucking industry this year.

J.B. Hunt stock plunge 10% on earnings drop expectation

Shares of J.B. Hunt plunged more than 10% Wednesday after the company warned of an earnings drop between 5% and 10%.

S&P 500 Trucking Stock JB Hunt Dives On CFO's Warning

J.B. Hunt stock is leading S&P 500 losers Wednesday after the trucking firm warned of a Q3 earnings decline amid high diesel costs and more.

J.B. Hunt Transport Services (NASDAQ:JBHT) Downgraded by Zacks Research to "Hold"

Zacks Research cut shares of J.B. Hunt Transport Services from a "strong-buy" rating to a "hold" rating in a report on Monday.

Record Diesel Prices Top $6, Push More Freight From Trucking to Rail

Record-high diesel fuel prices in the U.S. are putting a squeeze on the trucking industry and shifting more freight to the railroads. Trucking and logistics services provider J.B. Hunt expects earnings to sequentially decline within a range of 5 percent to 10 percent in the third quarter due to the elevated costs, chief financial officer […]