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In an earnings preview, analysts Justin Long and Jack Atkins and associates Brady Lierz and Grant Smith, all of Little Rock-based Stephens Inc., “expect the impact of a weak freight market to weigh on (J.B. Hunt’s fourth-quarter) results, particularly as it relates to volume performance in intermodal and brokerage. And in our opinion, this cyclical pressure will persist into (the first half of 2023) along with a contractual pricing environment that could be incrementally worse than we anticipated.”
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