J.B. HUNT TRANSPORT SERVICES, INC. (NASDAQ:JBHT) Files An 8-K Regulation FD DisclosureITEM 7.01.
REGULATION FD DISCLOSURE.
On Tuesday, March 28, 2017, we hosted a group of investors for meetings with management. In response to a question during the meetings, management, thinking that margin guidance had previously been disclosed, indicated that margins for its Dedicated Contract Services segment are expected to be approximately 12.0% – 13.0% for the full year 2017. Margins for the remaining business unit segments are expected to be approximately 10.5% – 11.5%, 3.0% – 5.0%, and 7.0% – 9.0% for the full year 2017 for Intermodal, Integrated Capacity Solutions, and Truck segments, respectively.
Management confirms its long term margin expectations of 11.0% – 13.0% for both Intermodal and Dedicated Contract Services, 4.0% – 6.0% for Integrated Capacity Solutions and 8.0% – 12.0% for its Truck segment with a focus on sustainable annual revenue growth in all segments.
About J.B. HUNT TRANSPORT SERVICES, INC. (NASDAQ:JBHT)
J.B. Hunt Transport Services, Inc. is a surface transportation, delivery, and logistics company in North America. The Company segments include Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS) and Truck (JBT). The Company, through its subsidiaries, provides transportation and delivery services to a range of customers and consumers throughout the continental United States, Canada and Mexico. The JBI segment draws on the intermodal services of rail carriers for the underlying linehaul movement of its equipment between rail ramps. Its DCS segment focuses on private fleet conversion and creation in replenishment, specialized equipment and final-mile delivery services. Its ICS segment provides traditional freight brokerage and transportation logistics solutions to customers through relationships with third-party carriers and integration. Its JBT segment offers full-load, dry-van freight, utilizing tractors operating over roads and highways. J.B. HUNT TRANSPORT SERVICES, INC. (NASDAQ:JBHT) Recent Trading Information
J.B. HUNT TRANSPORT SERVICES, INC. (NASDAQ:JBHT) closed its last trading session down -0.58 at 91.75 with 1,093,783 shares trading hands.