news blog from Sherly

Oct 13 2011

UPDATE 1-JB Hunt reports higher Q3 profit


Oct 13 (Reuters) - J.B. Hunt Transport Services reported higher quarterly profit, driven by double-digit revenue growth in three of its four divisions.The Lowell, Arkansas-based freight transport company’s third-quarter net income rose to $68.7 million, or 57 cents a share, from $52.2 million, or 41 cents a share, a year ago.Total operating revenue rose 19 percent to $1.17 billion from $986 million a year ago, matching the average forecast, according to Thomson Reuters I/B/E/S.

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