Sep 13, 2023 / 03:45PM GMT
Ravi Shanker - Morgan Stanley, Research Division - Executive Director
Great. Let's keep it going with J.B. Hunt and very excited to welcome on stage, President, Shelley Simpson; Spencer Frazier, EVP of Sales and Marketing; and Brad Delco, everyone's favorite IR person, Of course as we know.
Questions and Answers:
Ravi Shanker - Morgan Stanley, Research Division - Executive DirectorThank you so much for being here. Shelley, obviously, given your diversification, given your market size and position, you are a great read on what's happening in the macro as we speak. So we'd just love to get maybe a couple of minutes from you, kind of overall and what are you seeing out there?
Shelley Simpson - J.B. Hunt Transport Services, Inc. - President
Okay. Great. So I've talked about us being in a freight recession now for several quarters. I might change that slightly to say we're coming out of a freight recession. One of the things that we talked about is our customers were working on destocking, switching over to maybe