J.B. Hunt Transport Services Overview
Headquarters: Lowell, Arkansas, USA
CEO: John N. Roberts III (as of 2024)
Founded: 1961 (by Johnnie Bryan Hunt)
Industry: Trucking, Freight Transportation, Logistics
Stock Symbol: JBHT (NASDAQ)
Key Facts About J.B. Hunt
- One of the Largest U.S. Trucking Companies: Operates over 20,000 trucks and 100,000 trailers/containers.
- Leader in Intermodal Transportation: Partners with major railroads to provide truck-rail freight solutions, reducing costs and emissions.
- Extensive Freight Network: Covers North America, including the U.S., Canada, and Mexico.
- E-Commerce & Retail Logistics: Provides dedicated transportation for major retailers like Walmart, Amazon, and Target.
- Technology-Driven: Uses J.B. Hunt 360°, a digital freight-matching platform for real-time shipment tracking and pricing.
Major Business Divisions
- Intermodal (JBI): Largest segment, using rail and trucks to move freight efficiently.
- Dedicated Contract Services (DCS): Custom transportation solutions for businesses.
- Truckload (JBT): Full-truckload (FTL) services across North America.
- Final Mile Services (FMS): Last-mile delivery for large items like furniture and appliances.
- Integrated Capacity Solutions (ICS): Freight brokerage and supply chain management.
Recent Developments & Achievements
- Expanding Intermodal Services: Increasing its fleet and rail partnerships to handle growing freight demand.
- Sustainability Initiatives: Investing in electric trucks and alternative fuels to reduce carbon emissions.
- AI & Digital Innovation: Enhancing J.B. Hunt 360° for faster and more efficient freight management.
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