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JB Hunt Transport Services Inc - JBHT STOCK NEWS

Welcome to our dedicated page for JB Hunt Transport Services news (Ticker: JBHT), a resource for investors and traders seeking the latest updates and insights on JB Hunt Transport Services stock.

J.B. Hunt Transport Services Inc. (Ticker: JBHT) is a leading North American transportation and logistics company, ranked among the Fortune 500. The company specializes in freight shipping for both large and small businesses, offering safe and reliable transportation services throughout the United States, Canada, and Mexico. As a top-ranked third-party logistics (3PL) provider, J.B. Hunt delivers customer value and industry-leading service using an integrated, multimodal approach.

Core Business and Services:

  • Intermodal Delivery: This segment contributes to 48% of the company's sales in 2023. It utilizes Class I rail carriers for the underlying line-haul movement of its owned containers.
  • Dedicated Trucking Services: Representing 28% of sales, this segment caters to customer-specific fleet needs, ensuring tailored logistics solutions.
  • For-Hire Truckload: Comprising 6% of sales, this segment provides general truckload transportation services.
  • Heavy Goods Final-Mile Delivery: Accounting for 7% of sales, this service ensures doorstep delivery of heavy goods.
  • Asset-Light Truck Brokerage: Reflecting 11% of sales, this segment leverages third-party carriers to provide comprehensive logistics solutions.

Recent Achievements and Projects: J.B. Hunt continues to innovate in the logistics space, recently expanding its intermodal network to enhance service efficiency. The company has also strengthened partnerships with major rail carriers to optimize supply chain solutions. Furthermore, J.B. Hunt is committed to sustainability, investing in electric and alternative fuel vehicles to reduce its carbon footprint.

Financial Condition: With a strong revenue base and diversified service offerings, J.B. Hunt maintains a robust financial position. The company is well-regarded for its fiscal responsibility and consistent growth, making it a reliable choice for investors.

Overall, J.B. Hunt Transport Services Inc. stands out as a key player in the logistics industry, providing comprehensive and customer-centric transportation solutions across North America.

Rhea-AI Summary
J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) executives will address the 2023 Baird Global Industrial Conference on November 8 and the 2023 Stephens Investment Conference on November 14. Investors can access the live presentations on the company's website and a replay will be available afterwards.
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J.B. Hunt Transport Services Inc. has awarded scholarships to 100 new recipients of the J.B. Hunt Scholarship for Families program. The program has provided a total of $687,500 in educational financial assistance for the families of J.B. Hunt employees since 2022. The program will be renewed in 2024, with applications expected to open in the first quarter of that year. The scholarships provide $2,500 in financial aid each school year and are renewable for up to four years. In the second year of the program, J.B. Hunt awarded a total of $437,500 in new and renewed scholarships.
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J.B. Hunt Transport Services declares quarterly dividend on common stock
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J.B. Hunt Transport Services reports third-quarter 2023 financial results with a decrease in revenue and operating income compared to the same period last year.
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J.B. Hunt Transport Services, Inc. expects to issue Q3 2023 earnings on October 17, 2023, with a conference call to discuss the results. Webcast available. No concrete business takes mentioned.
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J.B. Hunt Transport Services to acquire brokerage operations of BNSF Logistics
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J.B. Hunt executives to address conference, forward-looking statements may be made
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J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) executives to participate in investor meetings at 2023 Susquehanna Industrials, Energy & Travel Conference and Deutsche Bank Transportation Conference.
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Nikola Corporation and J.B. Hunt Transport Services Inc. have announced an agreement for J.B. Hunt to purchase 13 Nikola zero-emission Class 8 trucks. The initial order includes 10 battery-electric and three hydrogen fuel cell electric vehicles, with delivery expected in August 2023. The trucks will be strategically located at facilities in the greater Los Angeles and Phoenix areas. J.B. Hunt aims to reduce carbon emission intensity and incorporate alternative powered equipment into its fleet.
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FAQ

What is the current stock price of JB Hunt Transport Services (JBHT)?

The current stock price of JB Hunt Transport Services (JBHT) is $171.22 as of January 31, 2025.

What is the market cap of JB Hunt Transport Services (JBHT)?

The market cap of JB Hunt Transport Services (JBHT) is approximately 17.2B.

What does J.B. Hunt Transport Services Inc. specialize in?

J.B. Hunt specializes in freight shipping for large and small businesses, providing multimodal transportation solutions across North America.

What are the main operating segments of J.B. Hunt?

The main segments include intermodal delivery, dedicated trucking services, for-hire truckload, heavy goods final-mile delivery, and asset-light truck brokerage.

Where does J.B. Hunt operate?

J.B. Hunt operates throughout the continental United States, Canada, and Mexico.

What is the intermodal delivery segment?

The intermodal delivery segment uses Class I rail carriers for the underlying line-haul movement of its owned containers, contributing 48% to the company's sales in 2023.

How does J.B. Hunt contribute to sustainability?

J.B. Hunt invests in electric and alternative fuel vehicles to reduce its carbon footprint and promote sustainable logistics solutions.

What is the financial condition of J.B. Hunt?

J.B. Hunt maintains a robust financial position with a strong revenue base and diversified service offerings, ensuring consistent growth and fiscal responsibility.

How does J.B. Hunt rank among transportation companies in North America?

J.B. Hunt is one of the top surface transportation companies in North America by revenue.

What recent projects has J.B. Hunt undertaken?

Recently, J.B. Hunt has expanded its intermodal network and strengthened partnerships with major rail carriers to optimize supply chain solutions.

What percentage of sales does the dedicated trucking segment account for?

The dedicated trucking segment accounts for 28% of J.B. Hunt's sales.

What services does the heavy goods final-mile delivery segment offer?

The heavy goods final-mile delivery segment ensures doorstep delivery of heavy goods, accounting for 7% of the company's sales.
JB Hunt Transport Services Inc

Nasdaq:JBHT

JBHT Rankings

JBHT Stock Data

17.25B
79.94M
20.06%
73.79%
2.57%
Integrated Freight & Logistics
Trucking (no Local)
Link
United States of America
LOWELL