J.B. Hunt Transport Services stock rose slightly after reporting second-quarter results. Net income fell short of analyst estimates, but earnings per share and revenue exceeded expectations. Intermodal and truckload revenue increased due to higher volumes, but operating income was impacted by rising expenses like medical and equipment costs.

Despite falling short of analyst estimates, J.B. Hunt Transport Services’ earnings per share and revenue for the second quarter were slightly higher than expected. Intermodal revenue rose 2% to $1.44 billion, and truckload revenue increased by 5% to $177 million. The company identified $100 million in cost cuts, but they won’t be realized until 2026.

J.B. Hunt Transport Services shares are down 12% for the year, but were up 1.5% after the earnings report. The company has identified cost-cutting measures to improve efficiency, productivity, and technology. Despite the positive earnings, the benefits of these measures won’t be seen until 2026.

Read more at Yahoo Finance: JB Hunt’s Revenue Gets a Boost, While Costs Rise