J.B. Hunt Transport Services, Inc. (JBHT) Q1 2023 Earnings Call Transcript

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) Q1 2023 Earnings Conference Call April 17, 2023 5:00 PM ET

Company Participants

Brad Delco - Senior Vice President, Finance

John Roberts - Chief Executive Officer

Shelley Simpson - President

John Kuhlow - Chief Financial Officer

Nick Hobbs - Chief Operations Officer and President, Contract Services

Darren Field - President, Intermodal

Brad Hicks - Executive Vice President, People and President, Highway Services

Conference Call Participants

Jordan Alliger - Goldman Sachs

Jon Chappell - Evercore ISI

Scott Group - Wolfe Research

Chris Wetherbee - Citigroup

Justin Long - Stephens

Amit Mehrotra - Deutsche Bank

Brian Ossenbeck - JPMorgan

Allison Poliniak - Wells Fargo

Ken Hoexter - Bank of America

Tom Wadewitz - UBS

Ari Rosa - Credit Suisse

Bascome Majors - Susquehanna

David Zazula - Barclays

Elliot Alper - Cowen

Bruce Chan - Stifel

David Vernon - Bernstein

Operator

Good afternoon, everyone. Thank you for attending today's J.B. Hunt’s 1Q 2023 Earnings Conference Call. My name is Sierra, and I will be your moderator today. All lines will be muted during the presentation portion of the call with an opportunity for question and answers at the end. [Operator Instructions]

I would now like to pass the conference over to our host, Brad Delco, Senior Vice President of Finance with J.B. Hunt. Please proceed.

Brad Delco

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 1995. 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 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’d like to introduce the speakers on today's call. This afternoon I'm joined by our CEO, Mr. John Roberts; our President, Shelley Simpson; our CFO, John Kuhlow; Nick Hobbs, COO and President of Contract Services; Darren Field, President of Intermodal; and Brad Hicks, EVP of People and President of Highway Services.