- Revenue - $132M up 20%
- Operating Income - $4.2M up 113%
"Operating income increased 113% over the same period 2012 primarily due to increased revenue and improvement in gross profit margin. Gross profit margin increased to 11.8% in the current quarter vs. 10.6% last year. A softer carrier environment contributed to the increase. " [Bold is mine]So, those who are closest to the market are telling you there is a soft carrier environment out there. A good line to have when a carrier comes in to tell you how tight the market is and why they need a rate increase. With Revenue in a quarter of about $130M that makes this entity a $520M shipper - many shippers have a lot more freight than that and should be able to get the same results.
I am not picking on JB Hunt here, they are an incredible company, I merely use these results and statements to show what is really going on - beyond the hype.