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Nutrien Announces Mark Thompson as a Speaker at the Raymond James 2021 Diversified Industrials Conference

Nutrien Announces Mark Thompson as a Speaker at the Raymond James 2021 Diversified Industrials Conference
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Bid season to determine J B Hunt s intermodal margin target

Bid season to determine J.B. Hunt’s intermodal margin target Long-term goal of 11% to 13% not off table yet 1 1,402 3 minutes read J.B. Hunt s intermodal expectations dominate conference appearance (Photo: Jim Allen/FreightWaves) Expectations around long-term intermodal margins were the main topic at J.B. Hunt Transport Services’ (NASDAQ: JBHT) appearance at the Citi 2021 Global Industrials Virtual Conference on Tuesday. The company’s president and CEO, John Roberts, said management plans to evaluate this season’s bid cycle before making a final determination. On the company’s fourth-quarter call in January, management acknowledged the intermodal segment had been lagging the long-term goal of 11% to 13% in recent years and that future expectations were under review.

J B Hunt Transport Services, Inc (NASDAQ:JBHT) - Bid Season To Determine J B Hunt s Intermodal Margin Target

Share: Expectations around long-term intermodal margins were the main topic at J.B. Hunt Transport Services (NASDAQ: JBHT) appearance at the Citi 2021 Global Industrials Virtual Conference on Tuesday. The company s president and CEO, John Roberts, said management plans to evaluate this season s bid cycle before making a final determination. On the company s fourth-quarter call in January, management acknowledged the intermodal segment had been lagging the long-term goal of 11% to 13% in recent years and that future expectations were under review. Roberts believes the key determinants will be the rate increases gained this cycle as well as bid compliance for those rates.

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