April 23, 2024

Results from JB Hunt tell the Transportation Story

Key Takeaways Truckload saw the largest drop in profit at -75%, mainly due to reduced revenue per load. Intermodal remained flat in volume but suffered a significant -40% profit drop, likely due to fixed operational costs. Brokerage faced sharp declines across the board, especially in volume and revenue, reflecting a tougher competitive environment. Dedicated remained the most stable segment with only mild declines, though still facing pressure from fleet reductions.
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The following table shows year-over-year changes in JB Hunt results:

intermodal

Key Takeaways

  • Truckload saw the largest drop in profit at -75%, mainly due to reduced revenue per load.

  • Intermodal remained flat in volume but suffered a significant -40% profit drop, likely due to fixed operational costs.

  • Brokerage faced sharp declines across the board, especially in volume and revenue, reflecting a tougher competitive environment.

  • Dedicated remained the most stable segment with only mild declines, though still facing pressure from fleet reductions.

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