J.B. Hunt warns Q3 EPS seen down 5–10% on costs
J.B. Hunt Transport Services warned Q3 EPS will fall about 5–10%, citing higher driver costs, diesel above $6/gal, rising claims, and driver shortages squeezing margins. Company response includes tighter pricing, cost repairs, and technology investments (including autonomous trucking) plus better container use.
B. Hunt Transport Services, Inc. (NASDAQ:JBHT) warned third-quarter EPS will fall about 5—10% as higher driver costs, diesel above $6/gal, rising claims and driver shortages squeeze margins. The company said it is responding with tighter pricing, cost repairs and technology investments, including autonomous trucking and better container use, to help restore earnings.