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J.B. Hunt Transport Services, Inc. Reports U.S. GAAP Revenues, Net Earnings and Earnings Per Share for the Third Quarter 2023

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화요일, 10월 17, 2023

J.B. Hunt Transport Services, Inc., (NASDAQ: JBHT) announced third quarter 2023 U.S. GAAP (United States Generally Accepted Accounting Principles) net earnings of $187.4 million, or diluted earnings per share of $1.80 versus third quarter 2022 net earnings of $269.4 million, or $2.57 per diluted share.

Key Points:

J.B. Hunt Transport Services, Inc., (NASDAQ: JBHT) announced third quarter 2023 U.S. GAAP (United States Generally Accepted Accounting Principles) net earnings of $187.4 million, or diluted earnings per share of $1.80 versus third quarter 2022 net earnings of $269.4 million, or $2.57 per diluted share.
In addition, third quarter 2023 included an $8 million net loss from the sale of equipment compared to a negligible net gain in the prior-year quarter.
Third Quarter 2023 Segment Revenue: $1.56 billion; down 15%
Third Quarter 2023 Operating Income: $128.0 million; down 41%
Intermodal volume increased 1% over the same period in 2022.
Third Quarter 2023 Segment Revenue: $892 million; down 4%
Third Quarter 2023 Operating Income: $102.4 million; down 4%
DCS revenue decreased 4% during the current quarter over the same period 2022.

J.B. Hunt Transport Services, Inc. Announces Third Quarter 2023 Earnings Release Date and Conference Call Information

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화요일, 10월 3, 2023

Trucking, Rail, Maritime, Air, Logistics, Supply Chain Management, Transport, Other Transport, CDT, Form 10-K, Annual report, JBHT, Cryptocurrency

J.B. Hunt Transport Services, Inc., (NASDAQ: JBHT) announced today that it expects to issue third quarter 2023 earnings at the close of the market Tuesday, October 17, 2023.

Key Points:

J.B. Hunt Transport Services, Inc., (NASDAQ: JBHT) announced today that it expects to issue third quarter 2023 earnings at the close of the market Tuesday, October 17, 2023.
An online, real-time webcast of the quarterly conference call will be available at investor.jbhunt.com on October 17 at 4:00 p.m. CDT.
An online replay of the earnings call webcast will be available a few hours after the completion of the call.
This press release and additional information will be available immediately to interested parties on our web site, www.jbhunt.com.

J.B. Hunt to Acquire Brokerage Assets of BNSF Logistics

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목요일, 9월 14, 2023

BNSF Logistics also provides warehouse, retail specialty, heavy-haul and project services, which are not included in the transaction.

Key Points:

BNSF Logistics also provides warehouse, retail specialty, heavy-haul and project services, which are not included in the transaction.
“BNSF Logistics has shown strong performance in serving customers of all sizes,” said Brad Hicks, executive vice president of People and president of Highway Services at J.B. Hunt.
“Complemented with our best-in-class intermodal and J.B. Hunt 360box® power-only service offering, this acquisition will provide a compelling value proposition for customers, growth opportunities for J.B. Hunt and greater service capabilities for BNSF Logistics’ employee and agent model.”
BNSF Logistics provides value-added 3PL services for BNSF Railway.
Upon closing the transaction, BNSF Railway and J.B. Hunt will enter into a long-term service agreement whereby J.B. Hunt will continue to provide those services for BNSF Railway.

J.B. Hunt Transport Services, Inc. Announces Participation in the Morgan Stanley 11th Annual Laguna Conference

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금요일, 9월 1, 2023

Trucking, Rail, Maritime, Air, Logistics, Supply Chain Management, Transport, Other Transport, Morgan Stanley, Morgan, PDT, Form 10-K, J. B. Hunt, Conference, Annual report, JBHT, Marketing, Cryptocurrency

J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) President Shelley Simpson and Executive Vice President of Sales and Marketing Spencer Frazier will address the Morgan Stanley 11th Annual Laguna Conference at 8:45 a.m. PDT on September 13, 2023.

Key Points:

J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) President Shelley Simpson and Executive Vice President of Sales and Marketing Spencer Frazier will address the Morgan Stanley 11th Annual Laguna Conference at 8:45 a.m. PDT on September 13, 2023.
Investors may access the live presentation by visiting the Investor Relations section of our website.
Information presented at the conference may contain forward-looking statements made by the company that involve risks, assumptions, and uncertainties difficult to predict.
J.B. Hunt assumes no obligation to update any forward-looking statements to the extent the company becomes aware they will not be achieved for any reason.

J.B. Hunt Showcases ESG Advancement in New 2022 Sustainability Report

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수요일, 8월 9, 2023

Environment, Trucking, Rail, Air, Transport, Professional Services, Sustainability, DEI (Diversity, Equity and Inclusion), Logistics, Supply Chain Management, Carbon, S&P Global, University, Carbon Disclosure Project, ERG, Education, Sam, U.S. Department of Defense Strategy for Operating in Cyberspace, Sustainability reporting, Culture, Workplace, Business, Institutional Shareholder Services, COVID-19, Freightliner, API, Family, Corporate Equality Index, Woman, Convoy, Research, TCFD, Female, Global warming potential, Transport Department, Creativity, Sustainability accounting, GRI, Sustainalytics, Fortune 500, JBHT, Sustainability Accounting Standards Board, CDP, ESG, Sam M. Walton College of Business, Supply, Task Force on Climate Related Financial Disclosures, Labor Hall of Honor, ISS, Renewable energy, Rail freight transport, Creative industries, Newsweek

In 2022, J.B. Hunt awarded a total of $250,000 in scholarships to 100 recipients as part of the company’s new scholarship program, the J.B. Hunt Scholarship Program for Families.

Key Points:

In 2022, J.B. Hunt awarded a total of $250,000 in scholarships to 100 recipients as part of the company’s new scholarship program, the J.B. Hunt Scholarship Program for Families.
J.B. Hunt was one of the first industry carriers to publish a Sustainability Report in 2020.
In recent years, J.B. Hunt has improved efforts to transparently disclose and report ESG performance to stakeholders in its annual proxy statement, on its website, in its 2020 Sustainability Report, and its 2021 Data Supplement.
Additional information on the company’s sustainability program is available on the J.B. Hunt website .

J.B. Hunt Transport Services, Inc. Announces Participation in Upcoming Investor Conferences

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화요일, 8월 1, 2023

Trucking, Rail, Air, Transport, Logistics, Supply Chain Management, Other Transport, Senior, Form 10-K, Energy, Deutsche Bank, K Line European Sea Highway Services, J. B. Hunt, Annual report, JBHT, Zenith Contract Services, Conference, Cryptocurrency

J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) Senior Vice President of Intermodal Stacey Griffin and Senior Vice President of Finance of Contract Services Stephen Guenther will participate in investor meetings at the 2023 Susquehanna Industrials, Energy & Travel Conference on August 8, 2023.

Key Points:

J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) Senior Vice President of Intermodal Stacey Griffin and Senior Vice President of Finance of Contract Services Stephen Guenther will participate in investor meetings at the 2023 Susquehanna Industrials, Energy & Travel Conference on August 8, 2023.
Investors may access the live presentation by visiting the Investor Relations section of our website.
Information presented at the conference may contain forward-looking statements made by the company that involve risks, assumptions, and uncertainties difficult to predict.
J.B. Hunt assumes no obligation to update any forward-looking statements to the extent the company becomes aware they will not be achieved for any reason.

J.B. HUNT TO PURCHASE 13 ZERO-EMISSION NIKOLA TRUCKS

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월요일, 7월 31, 2023

Hydrogen, HYLA, Carbon, Global warming potential, Suretrack Contracts Services, Engineering, JBHT, Student Transportation Inc., Nikola Corporation, Transport, J. B. Hunt, Renewable energy, PHOENIX

PHOENIX and LOWELL, Ark., July 31, 2023 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, and J.B. Hunt Transport Services Inc. (Nasdaq: JBHT), one of the largest supply chain solutions providers in North America, today announced an agreement in which subsidiary J.B. Hunt Transport Inc. will purchase 13 Nikola zero-emission Class 8 trucks as the transportation company focuses on its sustainability efforts and reducing the intensity of its carbon emissions.

Key Points:

"These zero-emission trucks from Nikola advance our progress towards achieving our ambitious goal to reduce carbon emission intensity through viable solutions."
These trucks will be strategically located at facilities servicing J.B. Hunt's key routes, including in the greater Los Angeles and Phoenix areas.
"We are thrilled that the industry leader for supply-chain solutions has chosen our Nikola Class 8 battery-electric and hydrogen fuel cell electric trucks to use for their operations," said Nikola CEO Michael Lohscheller.
J.B. Hunt is committed to helping drive the industry toward a low-carbon future and reducing its environmental impact.

J.B. Hunt Transport Services, Inc. Announces Quarterly Dividend

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수요일, 7월 19, 2023

Trucking, Transport, Logistics, Supply Chain Management, J. B. Hunt, JBHT, Holding company, Cryptocurrency

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) announced today that its Board of Directors has declared a regular quarterly dividend on its common stock of $ 0.42 (forty two cents) per common share.

Key Points:

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) announced today that its Board of Directors has declared a regular quarterly dividend on its common stock of $ 0.42 (forty two cents) per common share.
The dividend is payable to stockholders of record on August 4, 2023 and will be paid on August 18, 2023.

J.B. Hunt Transport Services, Inc. Reports U.S. GAAP Revenues, Net Earnings and Earnings Per Share for the Second Quarter 2023

Retrieved on:

화요일, 7월 18, 2023

J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) announced second quarter 2023 U.S. GAAP (United States Generally Accepted Accounting Principles) net earnings of $189.6 million, or diluted earnings per share of $1.81 versus second quarter 2022 net earnings of $255.3 million, or $2.42 per diluted share.

Key Points:

J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) announced second quarter 2023 U.S. GAAP (United States Generally Accepted Accounting Principles) net earnings of $189.6 million, or diluted earnings per share of $1.81 versus second quarter 2022 net earnings of $255.3 million, or $2.42 per diluted share.
Operating income for the current quarter decreased 23% to $270.7 million versus $353.1 million for the second quarter 2022.
In addition, second quarter 2023 included a $4 million net loss from the sale of equipment compared to a $3 million net gain in the prior year quarter.
Second Quarter 2023 Segment Revenue: $344 million; down 43%
Second Quarter 2023 Operating (Loss)/Income: $(4.4) million; vs. $23.2 million in Q2'22
ICS revenue declined 43% during the current quarter versus the second quarter 2022.

J.B. Hunt Transport Services, Inc. Announces Second Quarter 2023 Earnings Release Date and Conference Call Information

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목요일, 6월 29, 2023

Fleet Management, Automotive, Other Transport, Trucking, Supply Chain Management, Logistics, Transport, Retail, CDT, Form 10-K, Annual report, JBHT, Cryptocurrency

J.B. Hunt Transport Services, Inc., (NASDAQ: JBHT) announced today that it expects to issue second quarter 2023 earnings at the close of the market Tuesday, July 18, 2023.

Key Points:

J.B. Hunt Transport Services, Inc., (NASDAQ: JBHT) announced today that it expects to issue second quarter 2023 earnings at the close of the market Tuesday, July 18, 2023.
An online, real-time webcast of the quarterly conference call will be available at investor.jbhunt.com on July 18 at 4:00 p.m. CDT.
An online replay of the earnings call webcast will be available a few hours after the completion of the call.
This press release and additional information will be available immediately to interested parties on our web site, www.jbhunt.com.