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Stock impact report

J.B. Hunt's intermodal bid season delivers mixed results [Yahoo! Finance]

Forward Air Corporation (FWRD) 
Last forward air corporation earnings: 4/30 04:27 pm Check Earnings Report
US:NASDAQ Investor Relations: forwardair.gcs-web.com/investor-overview
Company Research Source: Yahoo! Finance
empty lanes of the network while also losing business to competitors as it remains disciplined and tries to up its freight mix. The Lowell, Arkansas-based company's intermodal head, Darren Field, said on a Tuesday evening call with equity analysts that J.B. Hunt ( NASDAQ: JBHT ) has had “only modest success in repairing rates while retaining existing business.” The company is getting rate increases in headhaul markets while walking from lower-margin business in other areas. A changing tariff landscape has the management team contemplating multiple volume scenarios. Roughly 20% to 30% of its intermodal volume comes off the West Coast, but it didn't say how much of that freight originates in China. Field said there hasn't been a notable change in demand indications from customers. Most customers also haven't said they pulled forward freight ahead of recent tariff implementations, which if they have, would create a void in demand later this year. The multimodal transportation pro Show less Read more
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