J.B. Hunt Intermodal

Hi everyone!
Hope you are all well, I’m very new to the trucking industry and thought I might ask my question to other truckers. My question is with J.B. Hunts Intermodal division how do they make profits and revenue in this division. From research it seems to me, and I could be wrong, that they purchased solely 53’ shipping containers used for transporting goods on the railway. Is this the only or primary way they make money in this division? Or is it the opposite and they pick up freight from railroads and their services are specifically transporting these goods by putting the freight on their own trucks and carrying it? Also I’ve seen a lot about owner operators only clearing after everything is said and done around 80k a year how do these big companies afford

 

^ to pay drivers if they only make 80k a year minus the drivers salary which would only profit them around 500 a month. Again I’m very confused and would love to learn as much as possible in those topics. Thank you so much!

 

Thank you for the answer! May I ask on the non shady side how much do you think they profit per truck with an OO or even their own trucks? Or do they even use their own trucks and use only OOs?

 

Thank you for your answer! How much can a company make in profit per truck on average? I’ve read anywhere from 2000 per month to 9000 per month both being companies not owner operators.

 

Yes I’ve looked up pretty much the top carriers financial information and most seem to bring in around $30-40,000 per truck a year but don’t know if that’s after investment activities. With the intermodal do they have their own trucks that transport the freight off the railways or is it only owner operators? And it still doesn’t make sense as far as how most answers I’ve seen from owner operators they bring in only 80k net, so how are they making so much money if they’re paying a driver 5000 a month on top of that which would bring it down to 500 a month?

 

Thank you so much for your answer! Do you think it’s possible to expand quicker than they have without going public?