J.B. Hunt Transport Services (NASDAQ: JBHT) saw its shares plunge 6.22% in after-hours trading on Wednesday following the release of its first-quarter 2025 financial results. The transportation and logistics giant reported lower earnings and revenue compared to the same period last year, reflecting ongoing challenges in the industry and uncertainty surrounding trade policies.

The company reported earnings per share of $1.17, down from $1.22 in the first quarter of 2024. Total revenue for the quarter came in at $2.92 billion, a 1% decrease from $2.94 billion in the previous year. The decline was primarily driven by reduced activity across several segments, including a 5% decrease in average truck count in Dedicated Contract Services, a 15% drop in Final Mile Services stops, and a 13% reduction in Integrated Capacity Solutions loads.

J.B. Hunt's CEO, Shelley Simpson, acknowledged the challenging environment, stating, "We recognize things are changing, and that's changing by the day or the tweet or the moment." The company highlighted that its customers are still trying to adapt to new tariff-related stresses, with many "waiting for the dust to settle" before making significant changes to their supply chain strategies. This uncertainty has led to some loss of business to competitors offering lower shipping prices.