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J.B. Hunt Transport Services , Inc. 615 J.B. Hunt Corporate Drive Lowell , Arkansas 72745 ( NASDAQ : J BHT ) 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 THIRD QUARTER 2021 Third Quarter 2021 Revenue : Third Quarter 2021 Operating Income : Third Quarter 2021 EPS : $ 3.14 billion ; up 27 % $ 273.8 million ; up 56 % $ 1.88 vs. $ 1.18 LOWELL , Ark . , October 15 , 2021 - J.B. Hunt Transport Services , Inc. , ( NASDAQ : J BHT ) announced third quarter 2021 net earnings of $ 199.8 million , or diluted earnings per share of $ 1.88 versus third quarter 2020 net earnings of $ 125.5 million , or $ 1.18 cents per diluted share . Total operating revenue for the current quarter was $ 3.14 billion , an increase of 27 % compared with $ 2.47 billion for the third quarter 2020. All segments contributed double - digit revenue growth versus the prior year period . Truckload ( J BT ) and Integrated Capacity Solutions ( ICS ) grew revenue 87 % and 55 % 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 this capacity - constrained freight environment . Intermodal ( J BI ) revenue grew 17 % , driven by a 24 % increase in revenue per load , partially offset by a 6 % decline in volume . Dedicated Contract Services® ( DCSⓇ ) revenue grew 20 % as a result of a 12 % increase in average revenue producing trucks and a 7 % increase in fleet productivity versus the prior year period . Final Mile Services® ( FMS ) revenue increased 13 % as revenue per stop increased 17 % , partially offset by 3 % fewer stops . Current quarter total operating revenue , excluding fuel surcharges , increased 23 % versus the comparable quarter 2020 . Total freight transactions in the Marketplace for J. B. Hunt 360 increased to $ 518 million in the third quarter 2021 compared to $ 358 million in the prior year quarter . ICS revenue on the platform increased 36 % to $ 397 million versus a year ago . J BI and J BT executed approximately $ 34 million and $ 87 million , respectively , of third - party dray , independent contractor and power - only capacity through the platform during the quarter . Operating income for the current quarter totaled $ 273.8 million versus $ 175.5 million for the third quarter 2020 . Operating income increased from third quarter 2020 primarily from customer rate and cost recovery efforts and further scaling into our technology investments at a consolidated level , in addition to higher productivity of our assets and people across our ICS and J BT segments . These items were partially offset by a lack of network fluidity from both rail and customer activity in J BI as well as increases in : driver wage and recruiting costs ; rail and truck purchase transportation expense ; non - driver personnel salary , wages and incentive compensation ; group medical expense ; and implementation costs for new business in both our DCS and FMS segments . Interest expense in the current quarter was comparable to the prior year period . The effective income tax rate for the current quarter was 23.7 % compared to 23.3 % for third quarter 2020. We expect our 2021 annual tax rate to fall between 23.5 % and 24.0 % .