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J.B. Hunt Transport Services , Inc. 615 J.B. Hunt Corporate Drive Lowell , Arkansas 72745 ( NASDAQ : JBHT ) J.B. HUNT Contact : Brad Delco Vice President - Finance & Investor Relations ( 479 ) 820-2723 FOR IMMEDIATE RELEASE J.B. HUNT TRANSPORT SERVICES , INC . REPORTS EARNINGS FOR THE SECOND QUARTER 2021 Second Quarter 2021 Revenue : $ 2.91 billion ; up 36 % Second Quarter 2021 Operating Income : $ 241.5 million ; up 38 % Second Quarter 2021 EPS : $ 1.61 vs. $ 1.14 ; up 41 % Exhibit 99.1 LOWELL , Ark . , July 19 , 2021 - J.B. Hunt Transport Services , Inc. , ( NASDAQ : JBHT ) announced second quarter 2021 net earnings of $ 172.2 million , or diluted earnings per share of $ 1.61 vs. second quarter 2020 net earnings of $ 121.7 million , or $ 1.14 per diluted share . Total operating revenue for the current quarter was $ 2.91 billion , compared with $ 2.15 billion for the second quarter 2020 , an increase of 36 % . All segments contributed at least double - digit revenue growth vs. the prior year period . Integrated Capacity Solutions ( ICS ) and Truck ( JBT ) grew revenue 100 % and 70 % year - over - year , respectively , as both segments were able to source and secure capacity for customers in the Marketplace for J.B. Hunt 360 ° ® in the capacity constrained freight market during the quarter . Intermodal ( JBI ) revenue grew 21 % , driven by a 6 % increase in volume and a 15 % increase in revenue per load . Final Mile Services® ( FMS ) revenue increased 52 % , as stops increased 59 % year - over - year . Dedicated Contract Services® ( DCS® ) revenue grew 17 % as fleet productivity improved 11 % combined with a 5 % increase in average revenue producing trucks versus the prior year period . Current quarter total operating revenue , excluding fuel surcharge revenue , increased 31 % vs. the comparable quarter 2020 . Total freight transactions in the Marketplace for J.B. Hunt 360 increased to $ 500 million in the second quarter 2021 compared to $ 281 million in the prior year quarter . ICS revenue on the platform increased 73 % to $ 396 million versus a year ago . JBI and JBT executed approximately $ 33 million and $ 71 million , respectively , of their third - party dray , independent contractor and power - only capacity costs through the platform during the quarter . Operating income for the current quarter totaled $ 241.5 million versus $ 175.2 million for the second quarter 2020. Operating income increased from second quarter 2020 primarily from customer rate and cost recovery efforts , higher volumes , further scaling into our technology investments , higher productivity of our assets and people across our DCS , FMS and ICS segments , and a benefit of $ 3.2 million related to the net settlement of claims in FMS . These items were partially offset by increases in driver wage and recruiting costs , rail and truck purchase transportation expense , non - driver personnel salary , wages and incentive compensation , higher group medical expense , elevated implementation costs for new , long term DCS contracts , and a lack of network fluidity from both rail and customer activity in JBI . Net interest expense in the current quarter decreased from second quarter 2020 due to lower interest rates compared to the same period last year . The effective income tax rate in the quarter was 25.0 % and in line with the prior year quarter . We now expect our 2021 annual tax rate to be between 23.5 % and 24.5 % .