What I learned from the first real week of earnings season

A JB Hunt Transport Services Inc. semi-trailer pulls out of a freight depot in Indianapolis, Indiana, U.S., Saturday, Jan. 15, 2022.

Luke Sharret | Bloomberg | Getty Images

“Put simply, we are in a freight recession.”

This reply, delivered last Monday by Shelley Simpson, president of J.B. Hunt (JBHT), the fourth-largest trucking company in the United States, was the most memorable of the true first week of the earnings season.

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