JB Hunt Tells Customers to Budget for 10 Percent Cost Increase

J.B. Hunt Transport Services is telling customers to budget for transportation cost increases as high as “10 percent or more,” as the peak fall distribution season and the ELD mandate intensify a driver shortage.

October 2, 2017

Journal of Commerce

JB Hunt truck and trailer 597620760160b

One of the largest U.S. trucking operators, J.B. Hunt Transport Services, is telling customers to budget for transportation cost increases as high as “10 percent or more,” as the peak fall distribution season and electronic logging mandate (ELD) intensify a driver shortage, reports the Journal of Commerce.

“This is one the highest periods of trubulence and volatility in supply we have ever experienced, and we don’t think it will abate any time soon,” John Robert, president and CEO, and Shelly Simpson, chief commercial officer, said in a letter sent to J.B. Hunt customers and obtained by JOC.

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