Category: Business
J.B. Hunt, a U.S. trucking firm, reported a Q2 miss with a 7% decrease in quarterly revenue to $2.93B. Sales in the intermodal segment dropped by 5%, and the integrated capacity solutions business experienced a 25% decline in load volume. Operating income decreased by 24% Y/Y due to lower revenue and increased expenses.
Keywords: J.B. Hunt, trucking firm, Q2 miss, revenue decline, operating income
Update At: 7/17/2024