Q2 a ‘wild rollercoaster ride’ for JB Hunt as operating income takes a dip

JB Hunt saw second-quarter net earnings fall 9%, to $121.7m, on the back of operating revenue of $2.15bn, down 5% – but it beat expectations.
Business unit-wise, the group saw a 2% volume decline in Intermodal, an 11% fall in Integrated Capacity Solutions and a 5% drop in stops for Final Mile Services.
Truckload, however, reported a 17% increase in loads, while the operating revenue achieved through the JB Hunt 360° platform …

The post Q2 a ‘wild rollercoaster ride’ for JB Hunt as operating income takes a dip appeared first on The Loadstar.

Source: The Loadstar

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