JB Hunt’s revenue pushes while raising costs

• JB Hunt transport services, the second quarter, the average quarter of the analysts investigated by Alpha, said the average assessment was a little short.

• The load of the intermodal and truck rose higher in volume.

• The operating income was damaged by higher salaries for medical and equipment costs and drivers.

JB Transportation Services (Jbht) Tuesday, after the truck and logistics company, a better share of the Wall Street.

The shipper reported a net income of $ 128.6 million in the second quarter, a little shortened the average assessment of analysts investigated by Alpha. Earnings per share of $ 1.31 and $ 2.93 billion, although almost straight from a year ago, was slightly higher than expected.

The intermodal revenue increased by 2% to $ 1.44 billion, and the truck loading revenues increased by 5%, increased by a higher volume to $ 177 million. The company said that Operating income The group had a negative impact on medical and loss of claims, drivers with an increase in salary and equipment costs.

CFO John Kuhlow spoke about a call with analysts, JB hunting efficiency and productivity, active use and technology and technology and technology and technology and technology and technology and technology and technology. But these benefits will not appear until 2026.

JB Hunt Transportation Services are about 12% less for the year. Recently had about 1.5% Wider markets hesitated.

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