MENU
SEARCHFreight transportation provider J.B. Hunt Transport Services announced second quarter 2018 net earnings of $151.7 million. That’s up more than 50% from the same time a year ago, beating analysts’ expectations.
Freight transportation provider J.B. Hunt Transport Services on July 16 announced second quarter 2018 net earnings of $151.7 million. That’s up more than 50% from the same time a year ago, when it reported net earnings of $97.9 million, and beats analysts’ expectations.
Earnings per share in the most recent quarter were $1.37 compared to 88 cents in the second quarter of 2017.
Total operating revenue for the second quarter of 2018 was $2.14 billion, compared with $1.73 billion for the second quarter 2017, an increase of 24%. Total operating revenue, excluding fuel surcharges, increased 21% vs. a year earlier.
An increase in revenue per load of 12% and load growth of 4% in the company’s intermodal segment and a 17% increase in revenue-producing trucks and a 10% increase in truck productivity in its dedicated operation helped push revenue higher, according to the company.
A 38% increase in volume and a 13% increase in revenue per load in its logistics and brokerage segment plus a 14% increase in rates per loaded mile in the company’s trucking business contributed to the increase in consolidated revenue compared to the prior year.
Operating income for the most recent quarter totaled $214.8 million vs. $163.6 million for the second quarter of 2017.
The effective income tax rate for the quarter was 26% vs. 37.4% for the second quarter 2017.
A new partnership brings free wireless ELD service plus load optimization and dispatch planning tools to fourth- and fifth-generation Freightliner Cascadia customers, with broader model availability planned through 2026.
Read More →
This white paper examines how advanced commercial vehicle diagnostics can significantly reduce fleet downtime as heavy duty vehicles become more complex. It shows how Autel’s CV diagnostic tools enable in-house troubleshooting, preventive maintenance, and faster repairs, helping fleets cut emissions-related downtime, reduce dealer dependence, and improve overall vehicle uptime and operating costs.
Read More →
6 intelligent dashcam tactics to improve safety and boost ROI
Read More →
The $283 million acquisition of FirstFleet makes Werner the fifth-largest dedicated carrier and pushes more than half of its revenue into contract freight.
Read More →
B2X Rewards is a new, gamified rewards program aimed at driving deeper engagement across BBM’s digital platforms, newsletters, events, and TheFleetSource.com.
Read More →
Trucking’s biggest technology shifts in 2026 have one thing in common: artificial intelligence.
Read More →
Why discipline, relationships, and focus have mattered more than size for smaller trucking fleets during the freight recession.
Read More →
Cargo theft losses hit $725 million last year. In this HDT Talks Trucking Short Take video, Scott Cornell explains how a bill moving in Congress could bring federal tracking, enforcement, and prosecutions to help address the problem.
Read More →
Cargo theft activity across North America held relatively steady in 2025 — but the financial damage did not, as ever-more-sophisticated organized criminal groups shifted their cargo theft focus to higher-value shipments.
Read More →
A new partnership between Phillips Connect and McLeod allows fleets to view trailer health, location, and cargo status inside the same McLeod workflows used for planning, dispatch, and execution.
Read More →
