Hunt reported U.S. GAAP net earnings of $181.0 million for the second quarter of 2026, or diluted EPS of $1.91, versus $128.6 million and $1.31 per diluted share in Q2 2025. Total operating revenue was $3.50 billion, up 19% year-over-year, with operating income rising 32% to $259.5 million. The company cited volume growth in Intermodal, ICS and Truckload, productivity gains in Dedicated Contract Services and lower net interest expense as contributors to improved profitability.

Financial Highlights

  • Total operating revenue: $3.50 billion for Q2 2026, up 19% from Q2 2025.
  • Operating income: $259.5 million for Q2 2026, up 32% year-over-year.
  • Net earnings: $181.0 million for Q2 2026 (net earnings margin 5.2% of revenue as reported).
  • Diluted earnings per share: $1.91 for Q2 2026 versus $1.31 in Q2 2025.
  • Net interest expense: $16.8 million for Q2 2026 (down ~21% vs Q2 2025).

Business Highlights

  • Intermodal volume increased 10% year-over-year with segment revenue of $1.75 billion (up 22%); revenue per load excluding fuel surcharge rose 1% and operating income increased 58% driven by network efficiency and productivity gains.
  • Dedicated Contract Services productivity rose 9% (revenue per truck per week $5,635), with segment revenue of $921 million and operating income up 9%; fleet trucks were approximately flat year-over-year with improved customer retention (~96%).
  • Integrated Capacity Solutions expanded volumes 19% with segment revenue up 49% to $388 million; revenue per load increased 26% and ICS moved to a $1.7 million operating profit from a prior-year operating loss.
  • Final Mile Services stops declined 14% (stops 861,905 in Q2) with segment revenue down 6% to $198 million and operating income down 30%, reflecting deliberate actions to improve revenue quality and profitability.
  • Truckload volumes and revenue grew (segment revenue $240 million, up 35%) with improved trailer turns and utilization, though the segment reported a modest operating loss due to higher purchased transportation expense.

Original SEC Filing:

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