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Shares of J.B. Hunt Transport Services Inc. fell after hours on Tuesday as the trucking and transportation-services provider reported third-quarter results that missed Wall Street’s expectations, amid continued lower shipping demand.
The results follow a roller-coaster for the shipping industry over the past two years, as shipping costs spiked due to supply-chain logjams and then dropped as higher prices for essentials recalibrated consumer demand. Executives at the company, however, signaled they might have reached the bottom….
