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| The Secret Formula JB Hunt Transport Doesn’t Want You to Know!
The Secret Formula JB Hunt Transport Doesn’t Want You to Know! Quote: Summary
Working quietly from deep within the beautiful but rather remote corporate offices of J.B. Hunt Transport Services Inc. in peaceful Lowell, AR, a sharp and select group of savvy truckers & financial wizards have, together, written, tested, and applied a “Secret Formula” that is now consistently generating trucking company revenues, operating margins, and net incomes, the likes of which have never before been accomplished in the otherwise dull and now financially beleaguered North American commercial freight transportation world!
Analysis
Remember, JBHT is a publicly-held company, so its published financial statements accurately include the rich profits the Company is reaping from that “Secret Formula,” and they also briefly mention that JBHT has ~2,000 of its trucks and drivers now devoted to its execution. But JBHT’s discussion stops right there, discretely failing to mention that those same 2,000 trucks and drivers are now achieving what the rest of the trucking world considers to be impossible: Annual per-truck Revenue surpassing $750,000.00 and annual per-truck Operating Income exceeding $80,000.00! Frankly, those current JBHT per-truck achievements are far, far above the heights that would cause any experienced trucker to drool with financial envy! Yet JBHT refrains from displaying its rightful pride of accomplishment.
And just what is JBHT’s marvelous Secret Formula? Well, much like Albert Einstein, who wrote a very simple formula to summarize a very complex Theory of Relativity, JBHT wrote its simple formula in just one word: Intermodal. To solve the very complex challenges of making profits in the business of transporting freight, trucking company JBHT now pays railroads to do all its “heavy lifting,” i.e., moving the cargos on their cross-country journeys, while JBHT’s trucks do little more than (1st) transport the freight from an origination point to the closest rail yard, then (later) transport the freight in its final few miles from a destination rail yard to its intended recipient, and (lastly) haul JHBT’s handsome earned profits to the bank.
more here>> The Secret Formula JB Hunt Transport Doesn’t Want You to Know!
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