Transport Topics Online  
The Newspaper of Trucking and Freight Transportation
Welcome  Guest  Log In         
1/24/2013 4:30:00 PM Write a Letter to the Editor Write a letter to the Editor

J.B. Hunt’s 4Q Income Improves

TT File Photo

J.B. Hunt Transport Services’ fourth-quarter and full-year profits rose, led by gains at its intermodal and dedicated contract services segments.

Net income rose to $84 million, or 70 cents per share, from $72.6 million, or 61 cents, a year ago. Revenue rose 11% to $1.34 billion, the company said Thursday.

Intermodal operating income jumped 24% to $104.2 million, as revenue rose 13% to $821 million. Volume improved 11% from the previous fourth quarter.

Its dedicated contract services segment’s operating income rose 7% to $29.4 million, while revenue gained 9% to $284 million.

Truck segment operating income dropped 27% to $5.2 million, while revenue fell 12% to $113 million, due primarily to a 19% reduction in fleet size from a year ago.

For the full year, the company earned $310.4 million, or $2.59 per share, up from $257 million, or $2.11, a year earlier. Revenue rose 12% to $5.1 billion.

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

© 2013, Transport Topics, American Trucking Associations Inc.
Reproduction, redistribution, display or rebroadcast by any means without written permission is prohibited.



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