Investor Presentaiton
FINAL MILE SERVICES (FMS)*
$700
$600
$500
$400
$300
$200
$100
$375
$567
FMS Revenue
(in millions)
$689
$182
J.B. HUNT
$206
FMS revenue increased 13% compared to the same period 2020.
Stop count within FMS decreased 3% during the current quarter
versus a year ago. The addition of multiple new customer contracts
implemented over the last year were more than offset by the
reduction in stops for several customers related to labor and
supply-chain constraints. Productivity, defined as revenue per stop,
increased approximately 17% compared to the prior year period
primarily from a shift in customer mix of business, in addition to the
implementation of higher rates.
Operating income decreased 39% over the prior year quarter
primarily from implementation costs related to new long-term
contractual business, higher third-party contract carrier costs, and
lower volumes with certain customers related to product availability
as a result of supply-chain disruptions. Higher personnel expense
related to salary, wages and incentive compensation and group
medical costs also contributed to the decline in operating income.
$-
2018
2019
2020
3Q 20
3Q 21
*In March 2020, J.B. Hunt separated its DCS segment into two reportable segments: DCS and FMS. See additional "JBHT FMS Segmentation" investor presentation.View entire presentation