Shippers are delaying contract execution due to market uncertainties, including rising tariffs, as noted by J.B. Hunt Transport Services during a Q1 2025 earnings call. Although the company anticipates securing larger intermodal contracts soon, it has seen only modest success in reducing rates while retaining business. This cautious behavior mirrors trends from past economic downturns, like the Great Recession. J.B. Hunt’s revenue fell 1% to $2.92 billion, reflecting declines across various segments, and tariff fluctuations are complicating shippers’ decision-making in a challenging economic environment.

Source: https://www.supplychaindive.com/news/jb-hunt-earnings-q1-2025-shippers-wary-contracted-services/745886/