From Charles V. Payne's show. If trucking revenue is falling off like this, just watch what follows!
J.B. Hunt revenue falls precipitously.
The company's total operating revenue for the quarter was $2.94 billion, compared to $3.23 billion for the first quarter of 2023, which is a 9% decrease. Operating income for the quarter dropped by 30% from $277.5 million in 2023 to $194.4 million for the current quarter.