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 ELD mandate intensify a driver shortage.

Journal of Commerce
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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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