J.B. Hunt Provides Nearly $9M in Appreciation Bonuses to Full-Time Company Drivers and Full-Time Hourly Maintenance and Office Employees

Rhea-AI Summary

J.B. Hunt Transport Services (NASDAQ: JBHT) will award over $8.8 million in appreciation bonuses to its full-time drivers and employees for the second consecutive year. This initiative underscores the company's commitment to recognizing employee contributions to its success. Eligible employees must have been hired by January 1, 2022, and be employed on the payment date. In April 2022, the company also awarded over $900,000 in safe driver bonuses under its Million Mile safety program. J.B. Hunt continues to leverage innovative and technology-driven supply chain solutions across North America.

Positive

• Total bonus amount exceeds $8.8 million, recognizing employee contributions.
• Second consecutive year of appreciation bonuses indicates consistent company policy.
• Positive company culture focused on employee recognition and success.

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 for the second consecutive year its subsidiary J.B. Hunt Transport Inc. will award appreciation bonuses to full-time company drivers and full-time hourly maintenance and office employees. The total amount awarded will exceed $8.8 million.

“Our people are our difference makers, and the employees receiving these appreciation bonuses have been essential in helping deliver value for our customers over the past year,” said Shelley Simpson, president of J.B. Hunt. “We want to recognize their continued drive and commitment to excellence and say thank you for contributing to the company’s success.”

To be eligible for the bonus, employees must have been hired on or before January 1, 2022, be a full-time employee and be employed on the payment date.

In April 2022, J.B. Hunt awarded more than $900,000 in safe driver bonuses as part of its Million Mile safety recognition program. Guided by its trusted people, technology that empowers and capacity to deliver, J.B. Hunt is creating the most efficient transportation network in North America.

About J.B. Hunt

J.B. Hunt Transport Services, Inc., a Fortune 500 and 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, last 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/20230118005349/en/

Brittnee Davie

Vice President - Marketing

479.419.3178

press@jbhunt.com

Source: J.B. Hunt Transport Services Inc.

FAQ

What is the amount of bonuses J.B. Hunt is awarding in 2023?

J.B. Hunt is awarding over $8.8 million in appreciation bonuses.

Who is eligible for the J.B. Hunt appreciation bonuses?

Full-time drivers and employees hired on or before January 1, 2022, are eligible.

When did J.B. Hunt announce the appreciation bonuses?

The bonuses were announced in January 2023.

Has J.B. Hunt issued bonuses in previous years?

Yes, J.B. Hunt issued appreciation bonuses in 2022 as well.

What other bonuses has J.B. Hunt provided recently?

In April 2022, J.B. Hunt awarded over $900,000 in safe driver bonuses.