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4/13/2012 4:30:00 PM Write a Letter to the Editor Write a letter to the Editor

J.B. Hunt Reports Record 1Q Income


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J.B. Hunt Transport Services reported record earnings for its first quarter as all four business segments generated higher revenue.

Net income rose to $67.7 million, or 57 cents per share, from $50.1 million, or 40 cents, a year earlier.

Revenue climbed 17% to $1.17 billion, the company said late Thursday.

Truck segment operating income fell 16% to $4.9 million, but revenue rose 8% to $128 million.

Intermodal operating income climbed 27% to $79.4 million on higher load volume, price increases and fuel surcharge recovery. Revenue surged 20% to $694 million.

Dedicated contract services operating income surged 51% to $28.1 million, while revenue rose 7% to $256 million.

Operating income for integrated capacity solutions climbed 58% to $4.1 million. Revenue jumped 30% to $97 million.        

J.B. Hunt is ranked No. 5 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.

By Transport Topics

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