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Friday, December 8, 2023

Jim Cramer: This is what I learned from the real first week of earnings season

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A J.B. Hunt Transport Services Inc. tractor trailer exits from a freight depot in Indianapolis, Indiana, U.S., on Saturday, Jan. 15, 2022.

Luke Sharrett | Bloomberg | Getty Images

“Simply stated we’re in a freight recession.”

That line, uttered last Monday by Shelley Simpson, president of J.B. Hunt (JBHT), the fourth-largest trucking company in the United States, was the most memorable of the real first week of earnings season.

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