— J.B. Hunt Transport Services Inc. (NASDAQ: JBHT) reported Q4 2019 earnings of $1.35 per share, vs. $1.50 expected.
— Revenues grew 6% to $2.45 billion, vs. $2.46 billion expected.
— Intermodal segment revenue remained flat year-over-year at $1.27 billion.
— Dedicated Contract Services (DCS) segment revenue grew 20% to $717 million.
— Integrated Capacity Solutions (ICS) segment revenue rose 9% to $377 million.
— Truck segment revenue fell 20% to $94 million.
Bringing fresh optimism to the virus-hit market, U.S jobless claims for the week ended October 17 slipped to the lowest level since the onset of the pandemic, in a sign
Shares of Southwest Airlines Co. (NYSE: LUV) were up over 2% in afternoon hours on Friday. The stock has gained 35% over the past three months. The company reported better-than-expected
The biggest stimulus package of all time, which was meant to boost consumption has actually led to more deposits, inflating the size of banks’ balance sheets. A working paper shows