JBH earnings/share were $1.47, missing what Wall St. predicted would be $1.74. Some one-time costs, including one (they hope) related to insurance and another a function of losses on equipment sales.
“We remain in a challenging environment, but we continue to see some signs of improvement, especially related to intermodal volumes.”
Dedicated continues to print $$. Companies with these contracts might want to renegotiate carefully. See this gem:
“Productivity [ ] increased 3% from a year ago driven by increases in contracted indexed-based price escalators”.
Volume was down 3%, and income up 8%.