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J.B. Hunt Transport 1Q profit rises 15% on increase in customer rates

Monday, April 16, 2018 5:25
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J.B. Hunt Transport Services Inc. (NASDAQ:JBHT) said first-quarter profit rose 15% on customer rate increases and higher load volumes.

Net income climbed to US$118.1mln, or US$1.07 per share, from US$102.7mln, or US$0.92 a share, a year earlier, the trucking company said in a statement. That met Thomson Reuters’s estimates per share ofUS$1.07.

The stock fell 1.2% to US$112.77 in pre-market trading.

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