J.B. Hunt's Intermodal and Truckload Pricing Gains Will Moderate in 2019, but We Still Expect Growth
Narrow-moat intermodal specialist J.B. Hunt's second-quarter revenue before fuel surcharges grew 6.5% year over year. Revenue came in slightly shy of our expectations because the firm intentionally shed unfavorable less-than-truckload business in the brokerage unit (ICS) and intermodal volume fell short on the lingering impact of rail-service disruption (particularly the Class I rails’ precision railroading efforts) earlier this year. Also, the underlying spring seasonal uptick in demand for bot...J.B. Hunt Transport Services is a holding company. Through its subsidiaries, the company is a surface transportation, delivery, and logistics company. The company's service offerings include transportation of full-truckload containerized freight, which it directly transports utilizing its equipment and company drivers or independent contractors. The company also provides customized freight movement, revenue equipment, labor, systems, and delivery services. The company's local and home delivery services typically are provided through a network of cross-dock service centers throughout the continental United States. The company's segments include Intermodal, Dedicated Contract Services?, Integrated Capacity Solutions, and Truckload.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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