J.B. Hunt Transport Services, Inc.
JBHT US
JBHT USJ.B. Hunt Transport Services, Inc.
United States Composite163.80
Company Description
- CEO
- Mr. John N. Roberts III
- Full Time Employees
- 34,718
- Sector
- Industrials
- Industry
- Integrated Freight & Logistics
- Address
- 615 J.B. Hunt Corporate Drive Lowell AR United States 72745-0130
- IPO Date
- Nov 22, 1983
- Website
- www.jbhunt.com
- Business
- J.B. Hunt Transport Services, Inc. provides surface transportation, delivery, and logistic services in the United States. It operates through five segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), Final Mile Services (FMS), and Truckload (JBT). The JBI segment offers intermodal freight solutions. It operates 118,171 pieces of company-owned trailing equipment; owns and maintains its chassis fleet of 100,825 units; and manages a fleet of 5,944 company-owned tractors, 436 independent contractor trucks, and 7,567 company drivers. The DCS segment designs, develops, and executes supply chain solutions that support various transportation networks. As of December 31, 2023, it operated 12,574 company-owned trucks, 674 customer-owned trucks, and 4 contractor trucks. The company also operates 27,194 owned pieces of trailing equipment and 5,406 customer-owned trailers. The ICS segment provides freight brokerage and transportation logistics solutions; flatbed, refrigerated, expedited, and less-than-truckload, as well as dry-van and intermodal solutions; online multimodal marketplace; and logistics management for customers to outsource their transportation functions. The FMS segment offers delivery services through 1,166 company-owned trucks, 225 customer-owned trucks, and 20 independent contractor trucks; and 1,212 owned pieces of trailing equipment and 102 customer-owned trailers. The JBT segment provides dry-van freight services by utilizing tractors and trailers operating over roads and highways through 27 company-owned tractors and 13,561 company-owned trailers. It also transports or arranges for the transportation of freight, such as general merchandise, specialty consumer items, appliances, forest and paper products, food and beverages, building materials, soaps and cosmetics, automotive parts, agricultural products, electronics, and chemicals. The company was incorporated in 1961 and is headquartered in Lowell, Arkansas.
Company News
J.B. Hunt Transport Services First Quarter 2024 Earnings: Misses Expectations
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Trucking firms tumble after JB Hunt, Knight-Swift signal longer road to recovery
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J.B. Hunt (JBHT) Q1 Earnings, Revenues Lag Estimates, Down Y/Y
J.B. Hunt (JBHT) Q1 Earnings, Revenues Lag Estimates, Down Y/Y
Trucking Stocks Skid As Earnings Report Signals Weaker Demand
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Trucking firms tumble after JB Hunt, Knight-Swift signal longer road to recovery
Trucking firms tumble after JB Hunt, Knight-Swift signal longer road to recovery
Why J.B. Hunt Transport Stock Is Sputtering Today
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J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) Q1 2024 Earnings Call Transcript