J. B. Hunt

See also: Johnnie Bryan Hunt

J.B. Hunt Transport Services, Inc.

Company type	Public
Founded	1961
Headquarters	Lowell, Arkansas
Key people	Johnnie Bryan Hunt, Founder
Products	none
Number of employees	16,500
Website	www.jbhunt.com

J.B. Hunt truck on Ohio Turnpike in Hudson, Ohio.

J.B. Hunt Transport Services, Inc. (Nasdaq: JBHT) is a trucking and transportation company that was founded by Johnnie Bryan Hunt, and based in the Northwest Arkansas city of Lowell. J.B. Hunt Transport Services, Inc. was incorporated in Arkansas on August 10, 1961 and originally started with only five trucks and seven refrigerated trailers to support the original rice hull business. By 1983, J.B. Hunt had grown into the 80th largest trucking firm in the U.S. and earned $63 million in revenue. At that time J.B. Hunt was operating 550 tractors, 1,049 trailers, and had roughly 1,050 employees.

Today this company has grown into one of the largest transportation companies in the United States with annual revenues of over $3 billion. The company primarily operates large semi-trailer trucks, and provides transportation services throughout the continental United States, Canada and Mexico. The company currently employs over 16,000 employees and operates in excess of 12,000 trucks. Over 47,000 trailers and containers can be found in the company's fleet. The company's major competitors in the United States are, YRC Worldwide, Inc., Swift Transportation, Schneider National and Werner Enterprises.

J.B. Hunt Transport was a leader in the industry in technology and operation. In 1989, J.B. Hunt Transport started partnering with railroads to offer intermodal service. Today, 40% of the company’s revenues and 50% of its profits come from intermodal. The company also launched a specialized trucking service division along with a flatbed operation, which was later sold.

Business Segments (Divisions) within J.B. Hunt

Dedicated Contract Service (DCS) : Started in 1992 focused on offered dedicated contract carriage as a service option. DCS segment operations specialize in the design, development and execution of customer-specific fleet solutions. Capitalizing on advanced systems and technologies, DCS offers transportation engineering solutions that support private fleet conversion, dedicated fleet creation and transportation system augmentation. DCS operations typically provide customized services that are governed by long-term contracts and currently include dry-van, flatbed, temperature-controlled, dump trailers and local inner-city operations

DCS operations focus on delivering recognizable customer value through best-in-class service, cost control and guaranteed dedicated capacity. DCS utilizes a proprietary methodology known as Customer Value Delivery® (CVD) to create, measure and communicate value created for each customer. DCS leverages the JBHT freight network to reposition equipment near outbound domiciles, thereby reducing inefficient empty miles and system cost. DCS also frequently finds synergy in shared resources with the JBT and JBI segments, including terminals, drivers, maintenance shops, bulk fuel locations and trailer pools providing further economies of scale.

Intermodal (JBI) : The transportation service offerings of the JBI segment utilize arrangements with most major North American rail carriers to provide intermodal freight solutions for our customers throughout the continental United States, Canada and Mexico. The JBI segment began operations in 1989 with a unique partnership with the former Santa Fe Railway (now the BNSF Railway Company), a watershed event in the industry and the first agreement that linked major rail and truckload carriers in a joint marketing environment. Essentially, JBI draws on the intermodal (also known as "container on flatcar") services of rail carriers for the underlying linehaul movement of its equipment and performs the pickups and deliveries ("drayage") for customers at the origin and destination rail terminal locations. May directly provide the drayage service at either the origin or destination rail ramp utilizing our company-controlled tractors, or they purchase these services from third parties. JBI provides coordination of the rail and over-the-road transport movements for their customers and delivers a single billing for the complete door-to-door service.

Intergrated Capacity Solutions (ICS) : The mission of the J.B. Hunt Integrated Capacity Solutions (ICS) is to provide alternative transportation capacity solutions to customers who desire a significant J.B. Hunt asset presence. ICS will manage customer and carrier relationships to increase efficiency for all supply chain participants and can provide shippers with access to additional dry van, refrigerated and flatbed capacity. ICS leverages over 35 years of expertise to help both shippers and carriers realize the most effective use of their available resources. Only the best carriers are selected by ICS to participate in its carrier program with some of the most stringent carrier requirements in the industry.

The primary transportation service offerings classified in this segment include full truckload, dry-van freight, which is predominantly transported utilizing company-controlled tractors operating over roads and highways. We pick up our freight at the dock or specified location of the shipper and transport the load directly to the location of the consignee. Most of our loads are transported entirely by our company-owned tractors and employee drivers, or by independent contractors (ICs) who agree to transport freight in our trailers. We also assign freight to be handled by third-party motor carriers other than ICs.

Truck : Primary service offerings classified in this segment include full truckload, dry-van freight, which is predominantly transported utilizing company-controlled tractors operating over roads and highways. We pick up our freight at the dock or specified location of the shipper and transport the load directly to the location of the consignee. Most of our loads are transported entirely by our company-owned tractors and employee drivers, or by independent contractors (ICs) who agree to transport freight in our trailers. We also assign freight to be handled by third-party motor carriers other than ICs.

External links

• J.B. Hunt Transportation
• J.B. Hunt Transportation Annual Repots