JB Hunt Transport
“Market Cap $8.56 B As of May 2014
At a Glance
- Industry: Trucking
- Founded: 1961
- Country: United States
- CEO: John Roberts III
- Website: www.jbhunt.com
- Employees: 18,467
- Sales: $5.59 B
- Headquarters: Lowell, Arkansas
#1630 Global 2000
- #1543 in Sales
- #1589 in Profit
- #1250 in Market value
J.B. Hunt Transport Services, Inc. is a transportation, delivery, and logistics company. It provides safe and reliable transportation and delivery services to a diverse group of customers throughout the continental U.S., Canada, and Mexico. Its products and services include the transportation of full truckload-containerized freight, revenue equipment, labor, and systems and delivery services. The company operates through four segments: Intermodal, Dedicated Contract Services, JBT and Integrated Capacity Solutions. The Intermodal segment utilizes arrangements with most major North American rail carriers, in order to provide intermodal freight solutions to customers. The Dedicated Contract Services segment specializes in the design, development, and execution of supply chain solutions, which support a variety of transportation networks. The JBT segment offers services such as full-load, dry-van freight, and the use of tractors on roads and highways. The Integrated Capacity Solutions segment provides traditional freight brokerage and transportation logistics solutions to customers through relationships with third-party carriers and integration with its owned equipment. J.B. Hunt Transport Services was founded by Johnnie Bryan Hunt and Johnnie D. Hunt on August 10, 1961 and is headquartered in Lowell, AR.“
“We forge long-term partnerships with key customers that include supply chain management as an integral part of their strategy. Working in concert, we drive out cost, add value and function as an extension of their enterprise.”
J.B. Hunt Transport Services, Inc., a Fortune 500 company and one of the largest transportation logistics companies in North America, provides safe and reliable transportation services to a diverse group of customers throughout the continental United States, Canada and Mexico. Utilizing an integrated, multimodal approach, we provide capacity-oriented solutions centered on delivering customer value and industry-leading service.
We were incorporated in Arkansas on August 10, 1961, and have been a publicly held company since our initial public offering in 1983. Our service offerings include transportation of full truckload containerizable freight, which we directly transport utilizing our company-controlled revenue equipment and company drivers or independent contractors. We also have arrangements with most of the major North American rail carriers to transport truckload freight in containers and trailers.
We also provide customized freight movement, revenue equipment, labor and systems services that are tailored to meet individual customers’ requirements and typically involve long-term contracts. Our customer base is extremely diverse and includes a large number of Fortune 500 companies.
Our ability to offer multiple services, utilizing our four business segments and a full complement of logistics services through third parties, represents a competitive advantage. We believe this unique operating strategy can add value to customers and increase our profits and returns to stockholders.”
*Information from Forbes.com and Jbhunt.com
**Video published on YouTube by “J.B. Hunt Transport, Inc.“