Reported about 21 hours ago
J.B. Hunt Transport Services announced strong demand for its intermodal and highway services in Q4, achieving record customer satisfaction despite a 5% year-over-year decline in consolidated revenue to $3.15 billion. While intermodal volumes rose, revenue per load decreased, leading to a 13% drop in adjusted operating income. The company faces ongoing pricing pressures and a projected 20% to 25% sequential decline in operating income for Q1 2025. Additionally, customer satisfaction reached an all-time high, but costs related to high volumes and increased staffing impacted overall profitability.
Source: YAHOO