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J.B. Hunt misses profit estimates on higher expenses, lower truck count

Jan 17, 2025 at 11:36 AM CST
U.S. trucking firm J.B. Hunt Transport Services (JBHT.O), opens new tab missed Wall Street estimates for fourth-quarter profit on Thursday, as high expenses and a lower truck count weighed on revenue.
 
"Repositioning costs related to network imbalances, in addition to driver hiring and onboarding expenses, were elevated in the quarter to support customers' peak season demand," the company said, referring to its largest segment, intermodal.