J.B. Hunt Awards Nearly $10M in Appreciation Bonuses to Frontline Employees

Rhea-AI Summary

J.B. Hunt Transport Services Inc. (NASDAQ: JBHT) announced it is distributing nearly $10 million in appreciation bonuses to its drivers, maintenance technicians, and hourly employees. CEO John Roberts praised employees for their efforts in meeting customer needs. Earlier this year, the company celebrated its 60th anniversary and recognized 116 drivers for achieving up to 5 million safe miles, awarding over $1.6 million in bonuses. J.B. Hunt continues to focus on innovation and efficiency in its transportation network across North America.

Positive

• Distribution of nearly $10 million in appreciation bonuses to employees boosts morale and retention.
• Recognition of 116 drivers for safe driving, enhancing company reputation and driver accountability.

Negative

• None.

LOWELL, Ark.--(BUSINESS WIRE)-- J.B. Hunt Transport Services Inc. (NASDAQ: JBHT), one of the largest supply chain solutions providers in North America, announced that its subsidiary J.B. Hunt Transport Inc. provided nearly $10 million in appreciation bonuses today to company drivers, maintenance technicians and full-time hourly employees.

“This year, our drivers and frontline employees have gone the extra mile to honor our commitments and meet the needs of customers,” said John Roberts, president and CEO of J.B. Hunt. “We wanted to express our gratitude for their dedication to making J.B. Hunt the industry leader it is today.”

Earlier this year, J.B. Hunt celebrated its 60^th anniversary and reflected on its rich history and continued innovation. In October, the company recognized 116 drivers for achieving two, three, four, and five million miles driven without a preventable accident, awarding more than $1.6 million in safe driver bonuses. Through its innovative technology, talented workforce, and industry experience, J.B. Hunt is creating the most efficient transportation network in North America.

About J.B. Hunt

J.B. Hunt Transport Services Inc., an S&P 500 company, provides innovative supply chain solutions for a variety of customers throughout North America. Utilizing an integrated, multimodal approach, the company applies technology-driven methods to create the best solution for each customer, adding efficiency, flexibility, and value to their operations. J.B. Hunt services include intermodal, dedicated, refrigerated, truckload, less-than-truckload, flatbed, single source, final mile, and more. J.B. Hunt Transport Services, Inc. stock trades on NASDAQ under the ticker symbol JBHT and is a component of the Dow Jones Transportation Average. J.B. Hunt Transport, Inc. is a wholly owned subsidiary of JBHT. For more information, visit www.jbhunt.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211217005616/en/

Brittnee Davie

Vice President - Marketing

479.419.3178

press@jbhunt.com

Source: J.B. Hunt Transport Services Inc.

FAQ

What is the purpose of the J.B. Hunt bonuses announced in the press release?

J.B. Hunt is distributing nearly $10 million in bonuses to show appreciation for its drivers, maintenance technicians, and hourly employees.

How much did J.B. Hunt award in safe driver bonuses?

J.B. Hunt awarded over $1.6 million in safe driver bonuses to 116 drivers for achieving safe driving milestones.

What anniversary did J.B. Hunt celebrate recently?

J.B. Hunt celebrated its 60th anniversary earlier this year.

What is the stock symbol for J.B. Hunt?

The stock symbol for J.B. Hunt Transport Services Inc. is JBHT.