JB Hunt second quarter results: “some positives in a weak environment”

July 16, 2019 Alex Lennane

JB Hunt enjoyed a boost to revenues in its second quarter owing to increased truck capacity – but saw profits fall as intermodal volumes declined 8% and integrated capacity solutions volumes fell 7%. 
Total operating revenue for the second quarter rose 6% to $2.26bn, year-on-year. The growth was driven primarily by a 19% increase in revenue-producing trucks, and an 8% increase in truck productivity in Dedicated Contract Services (DCS), said the company. 
Net earnings fell to $133.6m from $151.7m ...

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