J.B. Hunt Transport Services is benefiting from a freight shift toward intermodal rail as higher fuel costs and constrained truck capacity improve the road-to-rail value proposition. Its Intermodal business reported a 10% volume increase in the second quarter of 2026, including 16% growth in the Eastern network, while total operating revenue rose 19% year over year to $3.50 billion and operating income increased 32% to $259.5 million. Intermodal operating income climbed 58%, driven by greater network density, improved drayage productivity, a lower proportion of empty container moves, and lower storage expenses. The company is also expanding its alternative-powered fleet with battery-electric, hydrogen-electric, and renewable natural gas vehicles, targeting a 32% reduction in carbon-emission intensity by 2034 from a 2019 baseline. However, performance remains uneven across segments, with Dedicated Contract Services showing resilience, Integrated Capacity Solutions improving from a prior-year operating loss but facing gross margin pressure, and Truckload and Final Mile Services still under pressure.
JB Hunt Transport Services IncIntermodal volume up 10%, revenue up 19%, operating income up 32% due to road-to-rail shift.
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