U-Turn In Trucking: J.B. Hunt’s Intermodal Volume Plunged By Nearly 7% In Q1

J.B. Hunt, the largest trucking company in the US by revenues, and a barometer of the goods-based sector of the economy, reported that Intermodal revenues ticked up 2% while Intermodal shipping volume fell 7%. And that sums up about the freight industry that is facing a downturn in shipments but is clinging to price increases as sole source of revenue growth.