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J.B. Hunt earnings rise as fuel costs fall

J.B. Hunt Transport Services Inc. posted a better-than-expected 8.9% rise in profit for its first quarter, helped by a slide in fuel expenses and improved revenue across segments.

The Arkansas-based transportation company is a leader in so-called intermodal transport, the business of moving freight in containers between other modes of transport.

For the quarter ended March 31, J.B. Hunt reported that intermodal revenue, which makes up...