Transport Topics Online
The Newspaper of Trucking and Freight Transportation
Welcome  Guest  Log In         
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

TT File Photo

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

Follow Transport Topics on Subscribe to get up to the minute news briefs and more from our feeds. RSS Twitter Twitter Facebook Facebook

© 2012, Transport Topics Publishing Group. All rights reserved.



Follow Us


This free daily newsletter delivers the latest headlines.

TT Executive Suite
This subscriber-only newsletter program tailors your news.



© American Trucking Associations, Inc., All Rights Reserved Privacy Statement