Business

Freight bellwether J.B. Hunt expects strong shipping demand to extend into 2022

Freight bellwether J.B. Hunt Transport Companies Inc. expects bottlenecks at West Coast ports to accentuate heading into the vacations, with congestion persevering with to snarl labor-strapped logistics networks and robust transport demand extending into 2022.

“Whereas peak season is upon us, we consider the bottlenecks on the West Coast are going to compact and even intensify additional peak-season capability wants into November and December,” Shelley Simpson, J.B. Hunt’s
JBHT,
+8.74%

chief industrial officer, mentioned on a convention name Friday to debate the corporate’s third-quarter earnings.

https://www.marketwatch.com/story/freight-bellwether-j-b-hunt-expects-strong-shipping-demand-to-extend-into-2022-11634338455?rss=1&siteid=rss | Freight bellwether J.B. Hunt expects sturdy transport demand to increase into 2022

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