J.B. Hunt Transport Profit Jumps 26 Percent

Discussion in 'JB Hunt' started by R-14Driver, Jul 15, 2011.

  1. R-14Driver

    R-14Driver Well-Known Member

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    Intermodal, dedicated carriage boost revenue, income, despite truckload troubles

    J.B. Hunt Transport Services raced ahead of a slowing economy in the second quarter, increasing net profit 26 percent over the same quarter a year ago and 31 percent compared with the first quarter.

    The intermodal trucking giant reported $67.5 million in net profit on $1.15 billion in second quarter revenue. Sales accelerated $150 million from the first quarter.

    Year-over-year, J.B. Hunt Transport’s net profit was up 26 percent and its revenue was up 22 percent. Its operating income increased 24 percent to $113 million.

    J.B. Hunt Transport is the nation’s largest truckload carrier and the fourth largest trucking operator ranked by revenue, according to SJ Consulting Group data...................

    J.B. Hunt Transport Profit Jumps 31 Percent | Journal of Commerce
     
  2. Goat

    Goat Member

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    Glad to hear someone making money!
     

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