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J.B. Hunt shows trucking is profitable

How healthy is the trucking business?  Those J.B. Hunt trucks going up and down I-40 and I-35 in Oklahoma are bringing in some profits for the company based in Lowell, Arkansas.

J.B. Hunt Transport Services Inc. reported this week its first quarter 2019 net earnings were $119.6 million or diluted earnings per share of $1.09.  Net earnings a year ago totaled $118.1 million or $1.07 per diluted share.

Total operating revenue for the current quarter was $2.09 billion compared with $1.95 billion for the first quarter 2018.

Current quarter total operating revenue, excluding fuel surcharges, increased 8% vs. first quarter 2018.

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