Air forwarders face financial uncertainty – but 'there are opportunities'
Forwarders will be reducing their financial forecasts for the year, as “uncertainty has an adverse ...
© Piotr Trojanowski
By Alex Lennane
JB Hunt enjoyed a boost to revenues in its second quarter owing to increased truck capacity – but saw profits fall as intermodal volumes declined 8% and integrated capacity solutions volumes fell 7%.
Total operating revenue for the second quarter rose 6% to $2.26bn, year-on-year. The growth was driven primarily by a 19% increase in revenue-producing trucks, and an 8% increase in truck productivity in Dedicated Contract Services (DCS), said the company.
Net earnings fell to $133.6m from $151.7m a year earlier.
As today’s article on Premium noted: “Given the ...
Comment on this article