JB Hunt Transport Services Inc (NAS:JBHT)
$ 168.16 -1.21 (-0.71%) Market Cap: 17.35 Bil Enterprise Value: 18.78 Bil PE Ratio: 26.69 PB Ratio: 4.17 GF Score: 95/100

J B Hunt Transport Services Inc at Morgan Stanley Laguna Conference Transcript

Sep 13, 2023 / 03:45PM GMT
Release Date Price: $189.35 (+4.09%)
Ravi Shanker
Morgan Stanley, Research Division - Executive Director

Great. Let's keep it going with J.B. Hunt and very excited to welcome on stage, President, Shelley Simpson; Spencer Frazier, EVP of Sales and Marketing; and Brad Delco, everyone's favorite IR person, Of course as we know.

Questions & Answers

Ravi Shanker
Morgan Stanley, Research Division - Executive Director

Thank you so much for being here. Shelley, obviously, given your diversification, given your market size and position, you are a great read on what's happening in the macro as we speak. So we'd just love to get maybe a couple of minutes from you, kind of overall and what are you seeing out there?

Shelley Simpson
J.B. Hunt Transport Services, Inc. - President

Okay. Great. So I've talked about us being in a freight recession now for several quarters. I might change that slightly to say we're coming out of a freight recession. One of the things that we talked about is our customers were working on destocking, switching over to maybe

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