Mixed results for J.B. Hunt in intermodal bid season, with some growth but also losses.

From Yahoo Finance: 2025-04-15 19:10:00

J.B. Hunt Transport Services is experiencing mixed results in the intermodal bid season, with some rate increases and volume growth, but also losing business to competitors. The company reported first-quarter earnings per share of $1.17, beating estimates but lower year over year due to rising trade risks. Intermodal revenue increased by 5% year over year, with record volumes and load growth in the Eastern network.

Despite record volumes, J.B. Hunt’s intermodal segment saw margins decline, with an operating ratio of 93.6%, worse than the previous year. The dedicated segment reported a 4% revenue decline, impacted by severe winter weather. The brokerage unit saw a 6% revenue decline but a decrease in operating loss. Shares of JBHT fell 5.8% in after-hours trading.

The company’s management is still unsure if 2025 will see margin improvement in intermodal operations. Revenue per load declined by 2% year over year, with a focus on negotiating large bids in the upcoming months. Despite challenges, J.B. Hunt is aiming for margin improvement, but the uncertain operating environment due to trade risks complicates the outlook.

Read more: J.B. Hunt’s intermodal bid season delivers mixed results