J.B. Hunt, a big transportation company, is figuring out how to move goods by train (intermodal) more efficiently and cheaply. They're looking at prices, how much they move, and what types of goods they carry. It's like a puzzle to make things work better!
- J.B. Hunt wants to choose the best loads to move to avoid wasting resources.
- They want to increase profits, but prices might not go up much this year.
- They moved a record amount of goods in the last part of 2022, but costs went up too.
- J.B. Hunt thinks more goods will move by train in the future.
Item | Details |
---|---|
Operating Ratio (lower is better) | 92.7% (goal is 88-90%) |
Potential Loads for Trains | 7-11 million |
Intermodal Rates | Uncertain for 2024; clearer idea in May/June. |