heyo
So I did some additional research tonight and found this source:
It’s a short article and it’s an interesting read, frankly, but here’s the juicy bit:
" The capacity situation, however, has been bifurcated by carrier size. Small carriers dependent on load boards for freight have seen fundamentals tank as lower spot rates have been met by rising costs, notably fuel. Conversely, large fleets are still seeing contractual rate increases and many management teams say they could use additional drivers and equipment."
If that’s true, I believe J.B. Hunt is one of the best-positioned truckload freight carriers. I believe the ticker will be dragged by market conditions like almost all others, but they have strong potential for growth otherwise.
Also of interest: SONAR Sightings for June 9: Atlanta to Lakeland, Florida, carrier update, more - FreightWaves. This is more a “state of the union” for freight in May. Interesting bit:
