J.B. Hunt Transport Services
Q2 2022 Earnings Call
Jul 19, 2022, 5:00 p.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Operator
Good afternoon. Thank you for attending today's J.B. Hunt's second quarter 2022 earnings conference call. My name is Amber, and I will be your moderator for today's call.
All lines will be muted during the presentation portion of the call with an opportunity for questions and answers at the end. [Operator instructions] I now have the pleasure of handing the conference over to our host, Brad Delco, senior vice president of finance with J.B. Hunt. Brad, please proceed.
Brad Delco -- Senior Vice President of Finance
Good afternoon. Before I introduce the speakers, I would like to take some time to provide some disclosures regarding forward-looking statements. This call may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1955. Words such as expects, anticipates, intends, estimates, or similar expressions are intended to identify these forward-looking statements.
These statements are based on J.B. Hunt's current plans and expectations and involve risks and uncertainties that could cause future activities and results to be materially different from those set forth in the forward-looking statements. For more information regarding risk factors, please refer to J.B. Hunt's annual report on Form 10-K and other reports and filings with the Securities and Exchange Commission.
Now, I would like to introduce the speakers on today's call. This afternoon, I'm joined by our CEO, John Roberts; our CFO, John Kuhlow; Shelley Simpson, chief commercial officer and EVP of people and human resources; Nick Hobbs, chief operating officer and president of contract services; Darren Field, president of intermodal; and Brad Hicks, president of highway services. At this time, I would like to turn the call to our CEO, Mr. John Roberts, for some opening remarks.
John?
John Roberts -- Chief Executive Officer
Thanks, Brad, and good afternoon. Thank you for joining our call today. We are pleased with our performance in the second quarter despite challenges around key factors of our business, including labor, equipment availability, and rail service. The quarter did present evidence of a cyclical shift in market balance in certain areas of our business, and we see macro data that informs us about our current position such as spot rates and used truck values.