
J.B. Hunt Transport Services, Inc. is an American transportation and logistics company based in
Lowell, Arkansas
Lowell is a city in Benton County, Arkansas, Benton County, Arkansas, United States. Located within Ozark Mountains, the Ozarks, the first settlement was along Old Wire Road in the 1840s, and although destroyed during the Civil War, the communit ...
. It was founded by
Johnnie Bryan Hunt and
Johnelle Hunt in Arkansas on August 10, 1961. By 1983, J.B. Hunt had grown into the 80th largest trucking firm in the US, with $623.47 million in revenue. At that time J.B. Hunt operated 550 tractors, 1,049 trailers, and had roughly 1,050 employees.
J.B. Hunt primarily operates
semi-trailer truck
A semi-trailer truck (also known by a wide variety of other terms – see below) is the combination of a tractor unit and one or more semi-trailers to carry freight. A semi-trailer attaches to the tractor with a type of hitch called ...
s and provides transportation services throughout the continental US, Canada and Mexico. the company employs over 24,000 people and operates more than 12,000 trucks. The company's fleet consists of over 145,000 trailers and containers.
History
The company was founded in 1961. By 1983, J.B. Hunt became a publicly held company and has grown into the 3rd largest trucking firm in the U.S.
In 1989, J.B. Hunt Transport began partnering with railroads to offer intermodal service. The initial partnership was with the
Atchison, Topeka and Santa Fe Railway
The Atchison, Topeka and Santa Fe Railway , often referred to as the Santa Fe or AT&SF, was one of the largest Class 1 railroads in the United States between 1859 and 1996.
The Santa Fe was a pioneer in intermodal freight transport; at vario ...
later part of the
BNSF Railway
BNSF Railway is the largest freight railroad in the United States. One of six North American Class I railroads, BNSF has 36,000 employees, of track in 28 states, and over 8,000 locomotives. It has three Transcontinental railroad, transcontine ...
, and has since grown to other Class I railroads including
Norfolk Southern
The Norfolk Southern Railway is a Class I freight railroad operating in the Eastern United States. Headquartered in Atlanta, the company was formed in 1982 with the merger of the Norfolk and Western Railway and Southern Railway. The comp ...
,
CSX
CSX Transportation , known colloquially as simply CSX, is a Railroad classes, Class I freight railroad company operating in the Eastern United States and the Canadian provinces of Ontario and Quebec. Operating about 21,000 route miles () of trac ...
,
CN, and
KCS. The company's operations are distributed in four business segments (
intermodal transport
Intermodal transport (or intermodal transportation) involves the use of more than one mode of transport for a journey. It may refer to:
* Intermodal passenger transport
* Intermodal freight transport
Intermodal freight transport involves the t ...
,
contract services,
logistics
Logistics is the part of supply chain management that deals with the efficient forward and reverse flow of goods, services, and related information from the point of origin to the Consumption (economics), point of consumption according to the ...
and
truckload shipping), providing delivery services in the continental United States, Canada, and Mexico. About two-thirds of the company's revenues and profits come from intermodal.
The company introduced a dedicated service in 1993.
On February 7, 2017, J. B. Hunt became a
NASDAQ-100
The Nasdaq-100 (NDX) is a stock market index made up of equity securities issued by 100 of the largest non-financial companies listed on the Nasdaq stock exchange. It is a modified capitalization-weighted index. The stocks' weights in the inde ...
company.
Since launching their J.B. Hunt scholarships for families program in 2022, JBH has awarded a total of $687,500 in scholarships to the families of J.B. Hunt employees. The J.B. Hunt Scholarship Program for Families is supported by Scholarship America®, an organization that works to enrich education by assisting individuals, corporations and communities with fundraising and awarding scholarships to students. J.B. Hunt plans to continue the program for a third consecutive year.
Dec 12, 2023, J.B. Hunt continued its participation in Wreaths Across America for the tenth consecutive year this week, helping ensure the delivery of more than 355,000 wreaths for the annual event remembering fallen veterans during the holiday season.
On Feb 22, 2024, J.B.Hunt entered into a multi-year agreement with Wal-Mart Stores inc. As part of this deal JBH acquired all of WM's Intermodal trailing equipment. This acquisition of roughly 15,500 trailers brings JBH's total Intermodal trailing equipment count up to 118,171 intermodal boxes.
In 2024, J.B. Hunt purchased 20 hydrogen trucks from Nikola Corporation.
Corporate responsibility
Sustainability
The company uses load optimization software to decrease empty miles for drivers and
GHG emission, improving overall route efficiency. J.B. Hunt also reserved several Tesla electric trucks and added the first-ever, all-electric box trucks to its fleet.
In 2019, the company received the SmartWay Excellence Award from the U.S.
Environmental Protection Agency
Environmental Protection Agency may refer to the following government organizations:
* Environmental Protection Agency (Queensland), Australia
* Environmental Protection Agency (Ghana)
* Environmental Protection Agency (Ireland)
* Environmenta ...
(EPA) for the 10th consecutive year.
Safety
J.B. Hunt added hair testing for drugs to all pre-employment tests since May 2006, in addition to
Federal Motor Carrier Safety Administration
The Federal Motor Carrier Safety Administration (FMCSA) is an agency in the United States Department of Transportation that regulates the trucking industry in the United States. The primary mission of the FMCSA is to reduce crashes, injuries, an ...
(FMCSA) mandated urine testing. Hair testing can detect prior drug usage for up to 90 days. Drivers are also trained and certified in the safety training program Smith System.
Aug 14, 2024, J.B. Hunt Transportation was awarded Verisk CargoNet’s Best in Cargo Security recognition for its preventive measures, program engagement, and response preparedness to address cargo theft in real time throughout 2023.
References
External links
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Trucking companies of the United States
Companies based in Arkansas
Benton County, Arkansas
Transport companies established in 1961
1961 establishments in Arkansas
Companies listed on the Nasdaq
Companies in the Dow Jones Transportation Average
American companies established in 1961
Transportation companies based in Arkansas