From Yahoo Finance: 2025-04-16 22:11:00

Shares of J.B. Hunt dropped 9% after a disappointing first-quarter earnings report, signaling no end to the freight recession. Executives expressed concern over weak demand and too many trucks, a problem since 2023. Inflation and tough tariffs are expected to worsen the industry downturn. JPMorgan analysts caution on the transport sector amid rising recession risks.

Read more: The US freight recession is showing no signs of relenting