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J.B. Hunt Says $1.5 Billion Capex Plan Imperiled by Shortages

J.B. Hunt Transport Services Inc., the largest U.S. long-haul trucker, has money to spend, but can’t find enough big rigs and trailers to buy because suppliers are struggling to keep up with demand.

The company came up about $130 million shy of its $1 billion capital spending plan in 2021 because of shortages. This year, the trucker plans to spend $1.5 billion and might not make that goal either, Chief Operating Officer Nick Hobbs said on a conference call on Tuesday with analysts.