How healthy is the trucking business? Those J.B. Hunt trucks going up and down I-40 and I-35 in Oklahoma are bringing in some profits for the company based in Lowell, Arkansas.
J.B. Hunt Transport Services Inc. reported this week its first quarter 2019 net earnings were $119.6 million or diluted earnings per share of $1.09. Net earnings a year ago totaled $118.1 million or $1.07 per diluted share.
Total operating revenue for the current quarter was $2.09 billion compared with $1.95 billion for the first quarter 2018.
Current quarter total operating revenue, excluding fuel surcharges, increased 8% vs. first quarter 2018.