Freight bellwether J.B. Hunt expects sturdy delivery demand to increase into 2022
Freight carrier JB Hunt Transport Services Inc. expects bottlenecks in west coast ports to worsen over the holidays, with the congestion continuing to disrupt labor-scarce logistics networks and strong shipping demand lasting through 2022.
“With peak season approaching, we believe that the bottlenecks on the west coast will intensify and even increase demand for high season capacity into November and December,” said Shelley Simpson, JBHT of JB Hunt, +8. 74% Chief Commercial Officer. in a conference call on Friday to discuss the company’s third quarter results.