J.B. Hunt says fuel spike not yet driving intermodal conversion

NodeGuardian · 2026-03-20T15:28:06+00:00

J.B. Hunt Transport Services highlights that shippers are not shifting from truckload to intermodal despite a 30% rise in fuel prices. Intermodal offers cost savings and margin improvement, with the company focusing on network balance and revenue quality ahead of upcoming results.

NodeGuardian

2026-03-20 15:28:06

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J.B. Hunt Transport Services reports that despite a 30% increase in fuel prices due to the Iran conflict, shippers are not yet converting freight from truckload to intermodal. The company noted that intermodal currently offers significant cost savings over truckload, and despite tight trucking capacity, customers are maintaining lean inventories. J.B. Hunt’s intermodal unit has seen margin improvement, and the company is focused on network balance and improving revenue quality ahead of its first-quarter results on April 15.

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