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YRC Worldwide Inc. Message Board

  • nsthil nsthil Oct 19, 2009 5:44 PM Flag

    The most relevant parts of JB Hunt comments

    And despite the biggest
    decrease in freight rates in history, our Truck (JBT) segment approached
    break-even profitability in the current quarter and we believe will continue to
    edge toward recovery. We have noted some recent signs of firming demand,
    however, the freight economy remains weak and we are not anticipating a rapid
    improvement. Consequently, until freight rates start to return to a reasonable
    level, margins are unlikely to improve dramatically.

    "While current quarter volumes did show seasonal improvements across our four
    business segments, pricing continues to be challenging following the
    implementation of various bids and proposals from customers submitted earlier in
    the year in both the Intermodal and Truck segments. We are not pleased with the
    resulting pricing in these two segments. The elimination of reasonable pricing
    in the transportation and logistics business could result in the inability of
    transportation providers to respond to a sharp pick-up in demand likely leading
    to service disruptions, significant price increases and more adequate returns.

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YRCW
23.68-0.70(-2.87%)Dec 22 4:00 PMEST

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