Revenue Increases, Profit Drops In First Quarter
Despite the economic downturn, business in the trucking industry continues to rumble on. While demand for large items dropped, shipping essential goods increased, keeping the industry busy. As a result, revenue increased for one of the country's largest trucking companies, J.B. Hunt. However, profit actually tumbled in the same period. By comparison, freight in March of 2020 rose 32 percent over March of last year. The increase in demand prompted…