The company said total operating revenue for Q2 2024 was $2.93 billion, compared with $3.13 billion a year earlier, a decrease of 7%. Operating income fell 24% to $205.7 million, and diluted earnings per share were $1.32 (versus $1.81 a year earlier).

1. 01

   The company said total operating revenue for Q2 2024 was $2.93 billion, compared with $3.13 billion a year earlier, a decrease of 7%. Operating income fell 24% to $205.7 million, and diluted earnings per share were $1.32 (versus $1.81 a year earlier).

2. 02

   The company said Intermodal (JBI) segment revenue for Q2 was $1.41 billion, down 5%, and segment operating income was $99.2 million, down 31%. It cited lower yields and underutilization of assets in the network as the factors behind the decline.

3. 03

   The company said the Integrated Capacity Solutions (ICS) segment operating loss for Q2 widened to $13.3 million from $4.4 million a year earlier. Segment volume fell 25%, and gross profit margin was 14.8% (13.0% a year earlier).

4. 04

   The company said it repurchased about 1,225,000 shares of common stock in Q2 2024 for about $203 million. It said that as of June 30, about $163 million remained under its share repurchase authorization, and that debt outstanding was about $1.48 billion.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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