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 Transportís 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 nationís 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
Don't go around saying the world owes you a living. The world owes you nothing. It was here first.
Glad to hear someone making money!