J.B. Hunt Transport Services announced fourth quarter net earnings of $88.7 million were down compared to last year’s $385.3 million, but revenues were up for the year by 20%.
XPO Logistics Earnings Miss Expectations
Despite “robust organic growth” thanks to e-commerce and freight brokerage, XPO Logistics’ third-quarter earnings came in lower than analysts’ expectations, as the company cut its earnings forecast due to the collapse of a large UK customer.