U.S. trucking firm J.B. Hunt Transport Services reported third-quarter profit above Wall Street estimates on Tuesday, helped by improving volumes in its largest segment, intermodal.
Shares of the company were up 8.2% in after-the-bell trade.
The company reported a 5% year-over-year increase in intermodal volumes, propelling its JBI segment to post a revenue of $1.56 billion.
The Arkansas-based company posted a quarterly revenue of $3.07 billion, compared to analysts' estimate of $3.02 billion, according to data compiled by LSEG.