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Article: J.B. Hunt Transport Services, Inc. Reports Revenues and Earnings for the Third Quarter 2009.(Company overview)
- Article from:
- Journal of Transportation
- Article date:
- November 7, 2009
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J.B. Hunt Transport Services, Inc., (NASDAQ:JBHT) announced third quarter 2009 net earnings of $40.0 million, or diluted earnings per share of 31 cents vs. 2008 third quarter earnings of $60.3 million, or 47 cents per diluted share.
Total operating revenue for the current quarter was $834 million, a 16% decrease from the $996 million for the third quarter 2008. The decrease in operating revenue was primarily attributable to lower fuel surcharge revenues, which reflect significantly lower fuel costs in the current quarter. Declines in intermodal and truckload pricing also contributed to the lower revenue. Current quarter operating revenue, excluding fuel ...