J. B. Hunt (JBHT) Hurt by Segmental Weakness and High Debt

J.B. Hunt Transport Services, Inc.(JBHT) continues to grapple with weakness across the majority of its business segments. JBHT reported second-quarter 2024 revenues of $2.93 billion, which missed the Zacks Consensus Estimate of$3.03 billion and fell 7% year over year. Total operating revenues, excluding fuel surcharge revenue, fell 6% year over year. The downfall was owing to a 5% decrease in gross revenue per load in Intermodal (JBI) and a decline in load volume of 25% in Integrated Capacity Solutions (IC ...