JBHT

J.B. Hunt Celebrates 54 Drivers for Safely Driving 2M-Plus Miles, Awards $770,000 in Safe Driving Bonuses

Retrieved on: 
수요일, 5월 1, 2024

The drivers were awarded a total of $770,000 in safe driving bonuses for their outstanding accomplishment and commitment to operational excellence.

Key Points: 
  • The drivers were awarded a total of $770,000 in safe driving bonuses for their outstanding accomplishment and commitment to operational excellence.
  • (Photo: Business Wire)
    “These drivers are the champions of our safety culture,” said Nick Hobbs, chief operating officer and president of contract services at J.B. Hunt.
  • Since 1996, J.B. Hunt has awarded more than $38 million in safe driving bonuses to nearly 5,000 company drivers and has hosted the Million Mile event dating back to 2001.
  • By recruiting and retaining some of the top driving talent in the country, J.B. Hunt puts thousands of skilled and well-trained drivers on the road each year.

J. B. Hunt Transport Services, Inc. Announces Quarterly Dividend

Retrieved on: 
목요일, 4월 25, 2024

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) announced today that its Board of Directors has declared a regular quarterly dividend on its common stock of $ 0.43 (forty three cents) per common share.

Key Points: 
  • J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) announced today that its Board of Directors has declared a regular quarterly dividend on its common stock of $ 0.43 (forty three cents) per common share.
  • The dividend is payable to stockholders of record on May 10, 2024 and will be paid on May 24, 2024.

J.B. Hunt Transport Services, Inc. Reports U.S. GAAP Revenues, Net Earnings and Earnings Per Share for the First Quarter 2024

Retrieved on: 
화요일, 4월 16, 2024

J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) announced first quarter 2024 U.S. GAAP (United States Generally Accepted Accounting Principles) net earnings of $127.5 million, or diluted earnings per share of $1.22 versus first quarter 2023 net earnings of $197.8 million, or $1.89 per diluted share.

Key Points: 
  • J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) announced first quarter 2024 U.S. GAAP (United States Generally Accepted Accounting Principles) net earnings of $127.5 million, or diluted earnings per share of $1.22 versus first quarter 2023 net earnings of $197.8 million, or $1.89 per diluted share.
  • Operating income for the current quarter decreased 30% to $194.4 million versus $277.5 million for the first quarter 2023.
  • First Quarter 2024 Segment Revenue: $1.40 billion; down 9%
    First Quarter 2024 Operating Income: $101.9 million; down 40%
    Intermodal volume was flat versus the same period in 2023.
  • Our net capital expenditures for the first quarter 2024 approximated $166 million compared to $380 million for the first quarter 2023.

J.B. Hunt Driver Jodi Edwards Earns Driver of the Year Recognition From Women in Trucking

Retrieved on: 
화요일, 4월 2, 2024

J.B. Hunt Transport Services Inc. (NASDAQ: JBHT), one of the largest supply chain solutions providers in North America, is proud to announce that Jodi Edwards, a 25-year career company driver, was recently named Driver of the Year by the Women In Trucking Association (WIT).

Key Points: 
  • J.B. Hunt Transport Services Inc. (NASDAQ: JBHT), one of the largest supply chain solutions providers in North America, is proud to announce that Jodi Edwards, a 25-year career company driver, was recently named Driver of the Year by the Women In Trucking Association (WIT).
  • “I am greatly honored and humbled to receive this recognition,” said Edwards.
  • “I want to thank my family for their support and patience, J.B. Hunt for providing me with the opportunity and leadership, and Women In Trucking for all they do to make driving a better career option for women.
  • As part of the Image Team, Edwards has mentored others entering the industry while helping showcase the profession as a great career opportunity for women.

J.B. Hunt Transport Services, Inc. Announces First Quarter 2024 Earnings Release Date and Conference Call Information

Retrieved on: 
월요일, 4월 1, 2024

J.B. Hunt Transport Services, Inc., (NASDAQ: JBHT) announced today that it expects to issue first quarter 2024 earnings at the close of the market Tuesday, April 16, 2024.

Key Points: 
  • J.B. Hunt Transport Services, Inc., (NASDAQ: JBHT) announced today that it expects to issue first quarter 2024 earnings at the close of the market Tuesday, April 16, 2024.
  • An online, real-time webcast of the quarterly conference call will be available at investor.jbhunt.com on April 16 at 4:00 p.m. CDT.
  • An online replay of the earnings call webcast will be available a few hours after the completion of the call.
  • This press release and additional information will be available immediately to interested parties on our web site, www.jbhunt.com .

J.B. Hunt Announces Shelley Simpson as Chief Executive Officer, President

Retrieved on: 
목요일, 2월 29, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240229750287/en/
    J.B. Hunt Announces Shelley Simpson as Chief Executive Officer, President (Photo: Business Wire)
    The company also announced that Kirk Thompson, current executive chairman of the Board, along with Wayne Garrison, will both retire from the company’s Board of Directors and will take newly formed Board advisory roles as Honorary Founding Directors.
  • John N. Roberts, III, outgoing chief executive officer, will assume the role of executive chairman of the Board upon Kirk Thompson’s retirement from the Board.
  • She was named chief commercial officer and president of Highway Services in 2017 and led the strategic direction and launch of the J.B. Hunt 360°® platform.
  • Thompson joined the company in 1973 and served as president and chief executive officer from 1987 through 2010.

J.B. Hunt Signs Long-Term Intermodal Agreement With Walmart

Retrieved on: 
목요일, 2월 22, 2024

J.B. Hunt Transport Services Inc. (NASDAQ: JBHT), one of the largest supply chain solutions providers in North America, announced today that its subsidiary, J.B. Hunt Transport Inc., has entered into a multi-year intermodal service agreement with Walmart, in an arrangement that includes J.B. Hunt’s purchase of Walmart’s intermodal assets.

Key Points: 
  • J.B. Hunt Transport Services Inc. (NASDAQ: JBHT), one of the largest supply chain solutions providers in North America, announced today that its subsidiary, J.B. Hunt Transport Inc., has entered into a multi-year intermodal service agreement with Walmart, in an arrangement that includes J.B. Hunt’s purchase of Walmart’s intermodal assets.
  • In connection with the service agreement and increased commitments, J.B. Hunt will acquire Walmart’s operational intermodal container and chassis fleets.
  • Hunt always said ‘Good partners attract good partners,’" said Spencer Frazier, executive vice president of sales and marketing at J.B. Hunt.
  • In 2023, J.B. Hunt and its long-time joint service provider BNSF Railway launched Quantum, a breakthrough intermodal service to convert service-sensitive highway freight to intermodal.

J.B. Hunt Among Forbes America’s Best Large Employers and Fortune World’s Most Admired Companies 2024

Retrieved on: 
화요일, 2월 13, 2024

“Being among Fortune's most respected and admired companies in the world demonstrates our mission of driving long-term value for our people, customers and shareholders.

Key Points: 
  • “Being among Fortune's most respected and admired companies in the world demonstrates our mission of driving long-term value for our people, customers and shareholders.
  • It’s all made possible by our employees, and the Forbes acknowledgment indicates that the workplace culture we have fostered is one they are proud to recommend.”
    In 2023, Forbes also named J.B. Hunt one of the Best Employers for Women.
  • Forbes America’s Best Large Employers recognizes the top 500 companies receiving the most recommendations from an independent survey of more than 170,000 U.S. employees.
  • Fortune’s list of World’s Most Admired Companies is one of the leading measurements for corporate reputation.

J.B. Hunt Transport Services, Inc. Announces Participation in Three Upcoming Investor Conferences

Retrieved on: 
화요일, 2월 6, 2024

President Shelley Simpson and Executive Vice President and President of Intermodal Darren Field will address Raymond James’ 45th Annual Institutional Investors Conference at 3:25 p.m. EST on March 4, 2024.

Key Points: 
  • President Shelley Simpson and Executive Vice President and President of Intermodal Darren Field will address Raymond James’ 45th Annual Institutional Investors Conference at 3:25 p.m. EST on March 4, 2024.
  • Investors may access the live presentation by visiting the Investor Relations section of our website.
  • Information presented at the conference may contain forward-looking statements made by the company that involve risks, assumptions, and uncertainties difficult to predict.
  • J.B. Hunt assumes no obligation to update any forward-looking statements to the extent the company becomes aware they will not be achieved for any reason.

J.B. Hunt Transport Services, Inc. Reports U.S. GAAP Revenues, Net Earnings and Earnings Per Share for Both the Fourth Quarter and Year Ended December 31, 2023

Retrieved on: 
목요일, 1월 18, 2024

Operating income for the current quarter decreased 28% to $203.3 million versus $281.9 million for the fourth quarter 2022.

Key Points: 
  • Operating income for the current quarter decreased 28% to $203.3 million versus $281.9 million for the fourth quarter 2022.
  • In addition, fourth quarter 2023 included a $15.0 million net increase in loss on sale of equipment compared to the prior-year period.
  • Net interest expense in the current quarter increased primarily from higher interest rates and a higher average outstanding debt balance compared to fourth quarter 2022.
  • Fourth Quarter 2023 Segment Revenue: $1.62 billion; down 7%
    Fourth Quarter 2023 Operating Income: $129.9 million; down 28%
    Intermodal volume increased 6% over the same period in 2022.