Earnings
J.B. Hunt's Customers Owe It $451 Million More Than At Year-End As Profit Barely Grows
Third-quarter revenue rose 20%, operating income just 2%, and operating cash flow for nine months fell to $1.11 billion.
JBHT
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Earnings
J.B. Hunt CFO: Own Drayage Capacity Was 'A Bottleneck,' And Dedicated Contracts Are Being Reopened
Management said driver shortages forced it to slow load bookings, and that price, not cost cuts, now has to repair margins.
Earnings
J.B. Hunt's Revenue Rose 20% To $3.68 Billion, But Operating Income Rose Just 2%
Third-quarter sales climbed while purchased transportation costs grew as a share of revenue and the dedicated unit's operating income fell 22%.