Transportation

T&L companies not out of the woods yet

“While current quarter volumes did show seasonal improvements across our four business segments, pricing has been challenging following the implementation of various bids and proposals submitted earlier in the year …,” said Kirk Thompson, President and CEO of J.B. Hunt.

"The economic environment continues to be difficult. Declines in both our domestic and international businesses appear to be stabilizing but volumes will remain significantly below last year's levels," said Kurt Kuehn, UPS's Chief Financial Officer.