Trucking company J.B. Hunt says customers are ‘waiting for the dust to settle’ on tariffs

Apr 21, 2025 at 04:20 PM CST
Trucking and logistics provider J.B. Hunt Transport Services Inc. on Tuesday said that its customers are still trying to figure out how to adapt to new tariff-related stresses, and said it had lost some business to rivals offering lower shipping prices. Shares fell 6.2% after hours on Tuesday. The remarks from executives came during J.B. Hunt’s JBHT -1.63% conference call to discuss its first-quarter results, which were better than what Wall Street analysts expected.

Apr 21, 2025 at 04:20 PM CST

Trucking and logistics provider J.B. Hunt Transport Services Inc. on Tuesday said that its customers are still trying to figure out how to adapt to new tariff-related stresses, and said it had lost some business to rivals offering lower shipping prices.

Shares fell 6.2% after hours on Tuesday.

The remarks from executives came during J.B. Hunt’s JBHT -1.63% conference call to discuss its first-quarter results, which were better than what Wall Street analysts expected.