JB Hunt Transport Services Inc (NAS:JBHT)
$ 168.13 -0.03 (-0.02%) Market Cap: 17.35 Bil Enterprise Value: 18.66 Bil PE Ratio: 26.69 PB Ratio: 4.16 GF Score: 95/100

Q1 2019 J B Hunt Transport Services Inc Earnings Call Transcript

Apr 15, 2019 / 09:00PM GMT
Release Date Price: $105.5 (-1.11%)
Operator

Good afternoon. My name is Akesia, and I will be your conference operator today. At this time, I would like to welcome everyone to the 2019 Q1 earnings conference call. (Operator Instructions) Thank you.

Mr. David Mee, you may begin your conference.

David G. Mee
J.B. Hunt Transport Services, Inc. - Executive VP of Finance & Administration and CFO

Thank you, Akesia. Good afternoon, and thank you for joining our call. With me are John Roberts, our CEO; Terry Matthews, President of Intermodal; Nick Hobbs, President of DCS; and Shelley Simpson, our Chief Commercial Officer and President of Highway Services, and for those of you that don't know, covers both our ICS and Truck business units. (Operator Instructions) Thank you.

As for opening remarks, on a consolidated basis, the published results obviously revealed headwinds in parts of our business and masked improvements and forward progress in others. In Intermodal, volume, or lack thereof, is obviously the main story. We expected to be down from a reasonably strong first quarter 2018 due to

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