J.B. Hunt Transport Services, Inc. is an American transportation and logistics company based in Lowell, Arkansas. 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.[3] J.B. Hunt primarily operates semi-trailer trucks and provides transportation services throughout the continental US, Canada and Mexico. As of 2020[update] 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.[4]
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.[3]
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[5] later part of the BNSF Railway, and has since grown to other Class I railroads including Norfolk Southern, CSX, CN, and KCS.[6] The company's operations are distributed in four business segments (intermodal transport, contract services, logistics 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.[4]
The company introduced a dedicated service in 1993.[7]
Corporate responsibilityedit
Sustainabilityedit
The company uses load optimization software to decrease empty miles for drivers and GHG emission, improving overall route efficiency.[8] J.B. Hunt also reserved several Tesla electric trucks and added the first-ever, all-electric box trucks to its fleet. [9]
In 2019, the company received the SmartWay Excellence Award from the U.S. Environmental Protection Agency(EPA) for the 10th consecutive year. [10]
Safetyedit
J.B. Hunt added hair testing for drugs to all pre-employment tests since May 2006, in addition to Federal Motor Carrier Safety Administration (FMCSA) mandated urine testing.[11] Hair testing can detect prior drug usage for up to 90 days.[12] Drivers are also trained and certified in the safety training program Smith System.[13][14]
^"J B Hunt Transport Services Inc People". Reuters.
^ abSchwartz, Marvin (1992). J.B. Hunt : the long haul to success. Fayetteville: University of Arkansas Press. ISBN1-55728-250-1. OCLC 24794029.
^ ab"Form 10-K J.B. Hunt Transport Services, Inc". Securities and Exchange Commission. Retrieved 2020-01-13.
^Salpukas, Agis (1992-06-21). "When Trucks and Trains Unite". The New York Times. ISSN 0362-4331. Retrieved 2020-01-13.
^Ananthalakshmi, A. (2009-10-13). "JB Hunt close to intermodal deal with Norfolk Southern- analysts". Reuters. Retrieved 2020-02-24.
^Pettus, Michael L. (2003). Growth from chaos : developing your firm's resources to achieve profitability without cost cutting. Westport, Conn.: Praeger. ISBN978-0-313-09416-3. OCLC 540956790.
^Iii, Chelsea White (18 January 2018). Trucking in the Age of Information. Routledge. ISBN9781351143943.
^Cheng, Evelyn. "Tesla shares pop after trucker JB Hunt reserves 'multiple' semitractor-trailers". CNBC.
^Straight, Brian (8 October 2019). "Today's Pickup: J.B. Hunt, Schneider lead SmartWay Excellence Award winners". Freight Waves.
^Fiorentino, Dary (2011). Operator drug- and alcohol-testing across modes. Transportation Research Board. p. 31. ISBN9780309223447.
^"Hair follicle drug test: How it works, what to expect, and accuracy". www.medicalnewstoday.com.
^Schmidt, Ally (2 January 2015). "What sets J.B. Hunt apart from its competitors?". Market Realist.
External linksedit
Official website
Business data for J.B. Hunt Transport Services, Inc.:
Bloomberg
Google
Reuters
SEC filings
Yahoo!
January 01, 1970
hunt, company, founder, johnnie, bryan, hunt, hunt, transport, services, american, transportation, logistics, company, based, lowell, arkansas, founded, johnnie, bryan, hunt, johnelle, hunt, arkansas, august, 1961, 1983, hunt, grown, into, 80th, largest, truck. For the company s founder see Johnnie Bryan Hunt J B Hunt Transport Services Inc is an American transportation and logistics company based in Lowell Arkansas 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 3 J B Hunt primarily operates semi trailer trucks and provides transportation services throughout the continental US Canada and Mexico As of 2020 update 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 4 J B Hunt Transport Services Inc J B Hunt intermodal on BNSF RailwayCompany typePublic companyTraded asNasdaq JBHTDJTA componentS amp P 500 componentFoundedAugust 10 1961 62 years ago 1961 08 10 FounderJohnelle Hunt Co Founder Johnnie Bryan Hunt Co Founder HeadquartersLowell Arkansas U S Key peopleKirk Thompson Chairman of the Board John N Roberts III CEO Shelley Simpson President John Kuhlow CFO RevenueUS 9 165 billion 2019 Operating incomeUS 734 million 2019 Net incomeUS 516 million 2019 Total assetsUS 5 471 billion 2019 Total equityUS 2 267 billion 2019 Number of employees29 056 2019 WebsiteJBHunt comFootnotes references 1 2 J B Hunt truck on Ohio Turnpike in Hudson Ohio Contents 1 History 2 Corporate responsibility 2 1 Sustainability 2 2 Safety 3 References 4 External linksHistory editThe 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 3 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 5 later part of the BNSF Railway and has since grown to other Class I railroads including Norfolk Southern CSX CN and KCS 6 The company s operations are distributed in four business segments intermodal transport contract services logistics 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 4 The company introduced a dedicated service in 1993 7 Corporate responsibility editSustainability edit The company uses load optimization software to decrease empty miles for drivers and GHG emission improving overall route efficiency 8 J B Hunt also reserved several Tesla electric trucks and added the first ever all electric box trucks to its fleet 9 In 2019 the company received the SmartWay Excellence Award from the U S Environmental Protection Agency EPA for the 10th consecutive year 10 Safety edit J B Hunt added hair testing for drugs to all pre employment tests since May 2006 in addition to Federal Motor Carrier Safety Administration FMCSA mandated urine testing 11 Hair testing can detect prior drug usage for up to 90 days 12 Drivers are also trained and certified in the safety training program Smith System 13 14 References edit US SEC Form 10 K J B Hunt Transport Services Inc U S Securities and Exchange Commission Retrieved May 8 2020 J B Hunt Transport Services Inc People Reuters a b Schwartz Marvin 1992 J B Hunt the long haul to success Fayetteville University of Arkansas Press ISBN 1 55728 250 1 OCLC 24794029 a b Form 10 K J B Hunt Transport Services Inc Securities and Exchange Commission Retrieved 2020 01 13 Salpukas Agis 1992 06 21 When Trucks and Trains Unite The New York Times ISSN 0362 4331 Retrieved 2020 01 13 Ananthalakshmi A 2009 10 13 JB Hunt close to intermodal deal with Norfolk Southern analysts Reuters Retrieved 2020 02 24 Pettus Michael L 2003 Growth from chaos developing your firm s resources to achieve profitability without cost cutting Westport Conn Praeger ISBN 978 0 313 09416 3 OCLC 540956790 Iii Chelsea White 18 January 2018 Trucking in the Age of Information Routledge ISBN 9781351143943 Cheng Evelyn Tesla shares pop after trucker JB Hunt reserves multiple semitractor trailers CNBC Straight Brian 8 October 2019 Today s Pickup J B Hunt Schneider lead SmartWay Excellence Award winners Freight Waves Fiorentino Dary 2011 Operator drug and alcohol testing across modes Transportation Research Board p 31 ISBN 9780309223447 Hair follicle drug test How it works what to expect and accuracy www medicalnewstoday com Babcock Stephane Fleets Share COVID 19 Driver Safety Insights www truckinginfo com Schmidt Ally 2 January 2015 What sets J B Hunt apart from its competitors Market Realist External links editOfficial website Business data for J B Hunt Transport Services Inc BloombergGoogleReutersSEC filingsYahoo Retrieved from https en wikipedia org w index php title J B Hunt amp oldid 1210350273, wikipedia, wiki, book, books, library,
