TRUCKING INDUSTRY * USA - J.B. Hunt Continues Selling Tractors, Trailers to Reduce Fleet, Expenses
Truck tonnage falling in uncertain economy, recovery not expected until 2010
Springdale,ARK,USA -The Morning Nedws, By Lana Flowers -January 30, 2009: -- J.B. Hunt Transport Services Inc. continues selling tractors and trailers to reduce expenses as truck tonnage decreases in an uncertain retail and manufacturing environment... Lowell-based J.B. Hunt Transport reported Thursday its full-year earnings for the period ended Dec. 31... The company's total revenue was up, largely due to increased fuel surcharges, as revenue in the intermodal division was flat and revenue in the dedicated contract services and truck segments was down from a year ago... The intermodal segment, which moves freight by truck and rail, reported $1.95 billion in revenue for the year ended Dec. 31, a slight increase from the $1.65 billion reported as of Dec. 31, 2007...
Labels: trucking industry news USA
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