The company said consolidated operating revenues for Q3 2024 were $3.07 billion, down 3% from $3.16 billion in Q3 2023, and operating income fell to $224.1 million from $241.7 million in 2023.

1. 01

   The company said consolidated operating revenues for Q3 2024 were $3.07 billion, down 3% from $3.16 billion in Q3 2023, and operating income fell to $224.1 million from $241.7 million in 2023.

2. 02

   JBI said its segment revenue for Q3 2024 was flat at $1.56 billion compared with Q3 2023. Load volume rose 5% and revenue per load fell 5%, and segment operating income declined 13% to $111.8 million, the company said.

3. 03

   The company said the ICS segment operating loss for Q3 2024 narrowed to $3.3 million from $9.4 million in 2023. Gross profit rose 31% and gross profit margin was 17.9%, it said, and the segment incurred integration and transition costs related to the purchase of the BNSFL brokerage assets.

4. 04

   The company said net cash provided by operating activities for the first 9 months of 2024 was $1.17 billion, down from $1.53 billion in the same period of 2023. Net capital expenditures for the 9 months were about $488.1 million, and it expects about $625 million in full-year 2024 spending.

Key figures

Quarter ended September 30, 2024

Revenue

$3.1B

Operating income

$224M

Net income

$152M

EPS

$1.49

Analysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

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

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.