JBHT

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

Retrieved on: 
Tuesday, April 2, 2024
Trucking, Rail, Maritime, Air, Logistics, Supply Chain Management, Transport, Other Transport, Professional, Smith system, Woman, Mentorship, J. B. Hunt, Wreaths Across America, Radio, Safety, WIT, Government, JBHT, Human, Sirius XM

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: 
Monday, April 1, 2024
Trucking, Rail, Maritime, Air, Logistics, Supply Chain Management, Transport, Other Transport, CDT, Annual report, JBHT, Form 10-K

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: 
Thursday, February 29, 2024
Trucking, Rail, Maritime, Air, Logistics, Supply Chain Management, Transport, Other Transport, Multimedia, Investment, JBHT, Culture, Growth, Kansas City Southern Railway, Safety, History, ICS, Honorary, Garrison, Running, J. B. Hunt, Management

View the full release here: https://www.businesswire.com/news/home/20240229750287/en/

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: 
Thursday, February 22, 2024
Other Transport, Trucking, Rail, Maritime, Air, Transport, Logistics, Supply Chain Management, Retail, Marketing, JBHT, Quantum, Growth, Carbon, BNSF Railway, Walmart, Organization, J. B. Hunt, Intermodal freight transport

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: 
Tuesday, February 13, 2024
Trucking, Rail, Air, Transport, Logistics, Supply Chain Management, Other Transport, Korn Ferry, Friends, JBHT, Statista, Social responsibility, Diversity, Parent, Family

“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: 
Tuesday, February 6, 2024
Trucking, Rail, Maritime, Air, Logistics, Supply Chain Management, Transport, Other Transport, JBHT, Form 10-K, Annual report, J. B. Hunt, Highway, EST, Barclays, Conference, Cryptocurrency

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: 
Thursday, January 18, 2024
Trucking, Rail, Maritime, Air, Logistics, Supply Chain Management, Transport, Other Transport, Transcontinental, Overalls, JBI, Average cost, ICS, Share repurchase, Dray, Insurance, J. B. Hunt, DCS, JBT, Sale, CST, JBHT, Acquisition, Internet, Operating cost, FMS, Last, Video game

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.

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

Retrieved on: 
Thursday, January 18, 2024
Trucking, Rail, Maritime, Air, Logistics, Supply Chain Management, Transport, Other Transport, J. B. Hunt, JBHT

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, which is a 2% increase over the previous quarterly dividend.

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, which is a 2% increase over the previous quarterly dividend.
  • The dividend is payable to stockholders of record on February 9, 2024 and will be paid on February 23, 2024.

J.B. Hunt Adds Former Kansas City Southern President and CEO Patrick Ottensmeyer to Board of Directors

Retrieved on: 
Tuesday, January 16, 2024
Trucking, Rail, Maritime, Air, Logistics, Supply Chain Management, Transport, Other Transport, CPKC, Hill, CP, Kansas City Southern, Commerce, Power, Brookings Institution, USMCA, Freedom, NRG Energy, JBHT, Compensated emancipation, Watco, Retirement, Marketing, KCS, The Greenbrier Companies, United, Canadian Pacific Railway, Character, Management

Ottensmeyer brings more than 17 years of rail industry experience to the company’s board.

Key Points: 
  • Ottensmeyer brings more than 17 years of rail industry experience to the company’s board.
  • He served as president and CEO of Kansas City Southern (KCS), a Class I railroad, from 2015 to 2023, until the completion of the merger creating Canadian Pacific Kansas City (CPKC) in 2023.
  • Ottensmeyer served as the U.S. Chairman of the U.S. Chamber of Commerce’s U.S.-Mexico Economic Council (USMXECO) from 2019 to 2023.
  • Ottensmeyer is the third new board member since 2021 for J.B. Hunt and will serve on the board’s Compensation Committee and Nominating and Governance Committee.

J.B. Hunt Transport Services, Inc. Announces Fourth Quarter 2023 Earnings Release Date and Conference Call Information

Retrieved on: 
Wednesday, January 3, 2024
Trucking, Rail, Air, Transport, Logistics, Supply Chain Management, Other Transport, Form 10-K, CST, JBHT, Annual report, Cryptocurrency

J.B. Hunt Transport Services, Inc., (NASDAQ: JBHT) announced today that it expects to issue fourth quarter 2023 earnings at the close of the market Thursday, January 18, 2024.

Key Points: 
  • J.B. Hunt Transport Services, Inc., (NASDAQ: JBHT) announced today that it expects to issue fourth quarter 2023 earnings at the close of the market Thursday, January 18, 2024.
  • An online, real-time webcast of the quarterly conference call will be available at investor.jbhunt.com on January 18 at 4:00 p.m. CST.
  • 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.