In an appearance at an investor conference on Wednesday, management from J.B. Hunt Transport Services (NASDAQ: JBHT) said the recent stretch of inclement weather is likely to hit first-quarter operating income by $15 million to $20 million.
The company reported operating income of $155 million in the first quarter of 2020 and $208 million during the fourth quarter as a comparison.
John Kuhlow, J.B. Hunt’s CFO, said the winter storms produced “probably one of the hardest winters that we’ve ever...
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