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“The reason you’ve seen spot rates up in the last couple of weeks — it’s been because of the enforcement activity,” said J.B. Hunt Chief Operating Officer Nick Hobbs.

Companywide cost-cutting initiatives are having an effect, the company said of its third-quarter earnings report released after the market closed Oct. 15.

Fleet executives are expecting freight market struggles to continue for 12 to 18 months, with high capacity and low demand keeping rates depressed.

Steves & Sons began pilot program testing Bot Auto’s retrofitted Freightliner tractors alongside its managed logistics provider, J.B. Hunt Transport Services, in June.

J.B. Hunt Transport Services maintained balanced revenue with the prior-year period during the second quarter of 2025, the company reported July 15.

The Lowell, Ark.-based carrier ended the year slightly behind where it was during the prior fourth quarter amid efforts to reinvest and improve operations, the company reported Jan. 16.

J.B. Hunt Transport Services recently announced a series of executive appointments.

Two of the largest for-hire carriers are making operational and financial preparations for an anticipated upturn in the freight market after months of weak demand, executives said.

Profit at J.B. Hunt Transport Services fell in the third quarter of 2024 but outperformed analyst expectations as intermodal volume rose year over year.

The venture aims to launch up to six startups over the next three years, beginning in 2025, to address core strategic challenges within the transportation industry.