On Monday, Shares of J B Hunt Transport Services Inc (NASDAQ:JBHT), subtract -1.96% and closed at $78.45 in the last trading session. JBHT stock opened its last trade at $76.43 and after floating in a range of $76.20 to $80.15. The company’s Market capitalization is $8.85 Billion with the total Outstanding Shares of 112.68 million. During the 52-week trading session the minimum price at which share price traded, registered at $63.58 and reached to max level of $89.43. J.B. Hunt Transport Services, Inc., (JBHT) declared third quarter 2016 net earnings of $109.4 million, or diluted earnings per share of 97 cents vs. third quarter 2015 net earnings of $115.1 million, or 99 cents per diluted share.
Total operating revenue for the current quarter was $1.69 billion, contrast with $1.59 billion for the third quarter 2015. Load growth of 7% in Intermodal (JBI), a 2.9% increase in revenue producing trucks and improved asset productivity in Dedicated Contract Services (DCS)™, an 88% increase in load volume in Integrated Capacity Solutions (ICS) and a 4% increase in truck count in our Truck (JBT) business segment, partially offset by lower customer rates in JBI, ICS and JBT and tepid customer demand, contributed to the increase in merged revenue contrast to prior year. Current quarter total operating revenue, apart from fuel surcharges, raised 8.4% vs. the comparable quarter 2015.
Operating income for the current quarter totaled $183 million vs. $194 million for the third quarter 2015. Operating income reduced from third quarter 2015 mainly from lower customer rates in JBI, ICS and JBT, raised rail purchase transportation rates, lower box turns, increases in driver wages and recruiting costs, losses on the sale of used equipment (as compared to gains in 2015), raised legal and consulting costs and higher equipment maintenance and ownership costs.
LyondellBasell Industries NV (NYSE:LYB), dropped -0.06% and closed at $79.53 in the last trading session. LYB stock opened its last trade at $79.50 and after floating in a range of $78.98 to $80.12. The company’s Market capitalization is $32.92 Billion with the total Outstanding Shares of 415.72 million. During the 52-week trading session the minimum price at which share price traded, registered at $69.10 and reached to max level of $97.20. LyondellBasell (LYB) will declare third-quarter financial results before the U.S. market opens on Tuesday, November 1, to be followed by a webcast and teleconference to discuss results at 11 a.m. EDT.