One of America’s biggest trucking companies is getting squeezed by Trump’s trade war (JBHT)
|04/17/2019||Posted by BusinessMediaguide.Com under General World News||
- JB Hunt missed revenue and profit expectations for the first quarter, sending shares down more than 4%
- The company cited the Trump administration’s tariffs as a factor behind the weak results.
- Watch JB Hunt trade live.
The effect of President Donald Trump’s trade war are beginning to show up in corporate results. The trucking company JB Hunt mentioned the tariffs as a factor when discussing its weak first-quarter results on its earnings call Monday. Shares were down more than 4% following the results.
While an array of concerns were cited, the trucking company highlighted particular weakness in the major West Coast market. read more >>>