Company Reports

At its core, J.B. Hunt is an intermodal marketing company; it contracts with the Class I railroads for the line-haul movement of its domestic containers. It was one of the first for-hire truckload carriers to venture into intermodal shipping, forming a partnership with BNSF Railway in the West in 1990, followed by an agreement with Norfolk Southern in the East. Hunt has established a robust leadership position in intermodal, with a 20%-plus share of an industry estimated at approximately $25 billion. The next-largest competitor is Hub Group, followed by the intermodal divisions of Schneider National, STG Logistics, and Knight Swift. Intermodal makes up around 48% of Hunt's total revenue.

J.B. Hunt’s second-quarter revenue jumped 19% year over year (after flipping positive in the previous quarter), on surging intermodal activity and strong core pricing recovery across the trucking and asset-light truck brokerage divisions.

At its core, J.B. Hunt is an intermodal marketing company; it contracts with the Class I railroads for the line-haul movement of its domestic containers. It was one of the first for-hire truckload carriers to venture into intermodal shipping, forming a partnership with BNSF Railway in the West in 1990, followed by an agreement with Norfolk Southern in the East. Hunt has established a robust leadership position in intermodal , with a 20%-plus share of an approximate $25 billion industry. The next-largest competitor is Hub Group, followed by the intermodal divisions of Schneider National, STG Logistics, and Knight Swift. Intermodal makes up around 48% of Hunt's total revenue.

J.B. Hunt’s first-quarter revenue flipped positive year over year (up 5%), with help from an unexpected uptick in intermodal activity, along with emerging hints of demand and rate improvement across the trucking and asset-light truck brokerage divisions.

At its core, J.B. Hunt is an intermodal marketing company; it contracts with the Class I railroads for the line-haul movement of its domestic containers. It was one of the first for-hire truckload carriers to venture into intermodal shipping, forming a partnership with BNSF Railway in the West in 1990, followed by an agreement with Norfolk Southern in the East. Hunt has established a robust leadership position in intermodal , with a 20%-plus share of an approximate $25 billion industry. The next-largest competitor is Hub Group, followed by the intermodal divisions of Schneider National, STG Logistics, and Knight Swift. Intermodal makes up around 48% of Hunt's total revenue.

Several North American freight brokerage names, including truck brokers and global forwarders, sold off on Feb. 12. We suspect this was driven by speculative concerns over potential AI-related disruption—a dynamic that seems to be making its way around several sectors of the economy.

At its core, J.B. Hunt is an intermodal marketing company; it contracts with the Class I railroads for the line-haul movement of its domestic containers. It was one of the first for-hire truckload carriers to venture into intermodal shipping, forming a partnership with BNSF Railway in the West in 1990, followed by an agreement with Norfolk Southern in the East. Hunt has established a robust leadership position in intermodal , with a 20%-plus share of an approximate $25 billion industry. The next-largest competitor is Hub Group, followed by the intermodal divisions of Schneider National, STG Logistics, and Knight Swift. Intermodal makes up around 48% of Hunt's total revenue.

J.B. Hunt’s fourth-quarter revenue fell 2% year over year as intermodal volumes face tough comps and trucking industry freight demand remains soft. That said, consolidated profitability once again increased on efforts to reduce costs to serve within the intermodal and dedicated-trucking divisions.

At its core, J.B. Hunt is an intermodal marketing company; it contracts with the Class I railroads for the line-haul movement of its domestic containers. It was one of the first for-hire truckload carriers to venture into intermodal shipping, forming a partnership with BNSF Railway in the West in 1990, followed by an agreement with Norfolk Southern in the East. Hunt has established a robust leadership position in intermodal , with a 20%-plus share of an approximate $25 billion industry. The next-largest competitor is Hub Group, followed by the intermodal divisions of Schneider National, STG Logistics, and Knight Swift. Intermodal makes up around 48% of Hunt's total revenue.

J.B. Hunt’s third-quarter revenue fell roughly 1% year over year, mostly because intermodal volume trends flipped negative. That said, consolidated profitability jumped in the quarter on successful efforts to drive down cost to serve within the intermodal and dedicated-trucking divisions.

At its core, J.B. Hunt is an intermodal marketing company; it contracts with the Class I railroads for the line-haul movement of its domestic containers. It was one of the first for-hire truckload carriers to venture into intermodal shipping, forming a partnership with BNSF Railway in the West in 1990, followed by an agreement with Norfolk Southern in the East. Hunt has established a robust leadership position in intermodal , with a 20%-plus share of an approximate $25 billion industry. The next-largest competitor is Hub Group, followed by the intermodal divisions of Schneider National, STG Logistics, and Knight Swift. Intermodal makes up around 48% of Hunt's total revenue.

J.B. Hunt’s second-quarter top line came in flat year over year on stubbornly soft pricing for the flagship intermodal division and trucking operations. Intermodal loads were up thanks to solid truck to rail conversion activity, but we expect volumes to slow on potential tariff malaise.

At its core, J.B. Hunt is an intermodal marketing company; it contracts with the Class I railroads for the line-haul movement of its domestic containers. It was one of the first for-hire truckload carriers to venture into intermodal shipping, forming a partnership with BNSF Railway in the West in 1990, followed by an agreement with Norfolk Southern in the East. Hunt has established a robust leadership position in intermodal , with a 20%-plus share of an approximate $25 billion industry. The next-largest competitor is Hub Group, followed by the intermodal divisions of Schneider National, STG Logistics, and Knight Swift. Intermodal makes up around 48% of Hunt's total revenue.

J.B. Hunt’s first-quarter consolidated top line fell 1% year over year on continued soft pricing for the flagship intermodal division and trucking operations. That said, intermodal volumes posted another solid increase, partly because shippers pulled forward imports ahead of US tariffs.

US President Donald Trump announced sweeping tariffs on all US imports. For the North American Class-I railroads, the key threat is tariffs' impact on macroeconomic growth in terms of US real goods spending (for intermodal volumes) and industrial production (for carload volumes).

At its core, J.B. Hunt is an intermodal marketing company; it contracts with the Class I railroads for the line-haul movement of its domestic containers. It was one of the first for-hire truckload carriers to venture into intermodal shipping, forming a partnership with BNSF Railway in the West in 1990, followed by an agreement with Norfolk Southern in the East. Hunt has established a robust leadership position in intermodal , with a 20%-plus share of an approximate $25 billion industry. The next-largest competitor is Hub Group, followed by the intermodal divisions of Schneider National, STG Logistics, and Knight Swift. Intermodal makes up around 48% of Hunt's total revenue.

At its core, J.B. Hunt is an intermodal marketing company; it contracts with the Class I railroads for the line-haul movement of its domestic containers. It was one of the first for-hire truckload carriers to venture into intermodal shipping, forming a partnership with BNSF Railway in the West in 1990, followed by an agreement with Norfolk Southern in the East. Hunt has established a definitive leadership position in intermodal shipping, with a 20%-plus share of an approximate $25 billion industry. The next-largest competitor is Hub Group, followed by the intermodal divisions of Schneider National, STG Logistics, and Knight Swift. Intermodal makes up around 48% of Hunt's total revenue.

J.B. Hunt’s fourth-quarter consolidated top line fell 5% year over year, due in large part to stubbornly soft pricing conditions, especially for the flagship intermodal division.

At its core, J.B. Hunt is an intermodal marketing company; it contracts with the Class I railroads for the line-haul movement of its domestic containers. It was one of the first for-hire truckload carriers to venture into intermodal shipping, forming a partnership with BNSF Railway in the West in 1990, followed by an agreement with Norfolk Southern in the East. Hunt has established a definitive leadership position in intermodal shipping, with a 20%-plus share of an approximate $25 billion industry. The next-largest competitor is Hub Group, followed by the intermodal divisions of Schneider National, STG Logistics, and Knight Swift. Intermodal made up around 48% of Hunt's total revenue in 2023.

J.B. Hunt’s third-quarter consolidated top line fell 3% year over year, but that was better than the 8% decline posted during the first half and was mostly in line with our expected run rate, especially for the flagship intermodal division.