J.B.Hunt Transport Services ( JBHT) said its second quarter earnings rose 1.3%.

The company earned $55.3 million, or 36 cents a share, in the quarter, compared with $54.6 million, or 33 cents a share, a year ago. Analysts polled by Thomson First Call were expecting earnings of 37 cents a share in the most recent quarter.

Second-quarter operating revenue rose 10% to $838.3 million, driven mainly by growth in the fleet from 11,597 trucks in second quarter 2005 to 11,993, growth in containers from 22,895 to 24,738, and growth in trailers from 25,899 to 26,000. Analysts were expecting a revenue of $828.6 million. Revenue from fuel surcharge rose 57.6% to $114.2 million.

"This was another quarter of strong returns and excellent cash flow which we put to good use by repurchasing about 7.8 million shares of our stock," said the company. "We continue to be encouraged by the operating results of all three of our business segments. Safely providing outstanding service using our integrated platform of services, our advanced technology, systems and processes, and our committed team of employees, makes us enthusiastic about our ability to bring value to our customers now and in the future. We remain steadfastly committed to our operating strategies."

Shares fell 50 cents to $22.55.
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