JB Hunt Transport Services Inc. (JBHT) – Trucking Services in Low Demand, yet Still Hold Hope in 2010

JB Hunt Trasport Services is a major trucking company dedicated to providing transportation of products across the nation. JB Hunt Transport Services has been hit dramatically due to the recession and business’s lack of demand. Consumers have been cutting back on their spending, likewise companies aren’t producing as many products to sell, thus the trucking companies are hit hard through this chain of events. JB Hunt Transport Services net income fell 22 percent to $41.7 million, or 32 cents a share. Lower quarterly profits are a result of the overly done transportation, but the trucking services have new hope in 2010.