JB Hunt Transport Services Inc (JBHT)

Overview

J.B. Hunt Transport Services, Inc., founded in 1961 and headquartered in Lowell, Arkansas, is a prominent company in the transportation sector. The company specializes in surface transportation and provides a comprehensive suite of delivery and logistic services across the United States. It markedly stands out due to its diversified operation segments, which encompass Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), Final Mile Services (FMS), and Truckload (JBT). This multi-faceted operation allows J.B. Hunt to effectively cater to a broad spectrum of transportation and logistic demands, positioning it as a critical player in the supply chain and logistics industry.

Products and Services

Intermodal (JBI): This segment offers sophisticated intermodal freight solutions, optimizing the use of company-owned trailing equipment, which totals 118,171 units. With a substantial chassis fleet of 100,825 units and a management system for a fleet of 5,944 company-owned tractors, 436 independent contractor trucks, and 7,567 drivers, JBI caters efficiently to the intermodal transport needs.

Dedicated Contract Services (DCS): Focused on designing, developing, and executing customized supply chain solutions, DCS supports various transportation networks. J.B. Hunt operates 12,574 company-owned trucks, 674 customer-owned trucks, and 4 contractor trucks, along with 27,194 owned and 5,406 customer-owned trailing equipment, demonstrating its capability in dedicated transport services.

Integrated Capacity Solutions (ICS): ICS serves to provide comprehensive freight brokerage and transportation logistics solutions. It covers a wide range of services, including flatbed, refrigerated, expedited, less-than-truckload, dry-van, and intermodal solutions. Furthermore, ICS hosts an online multimodal marketplace and offers logistics management, allowing customers to effectively outsource their transportation functions, reflecting its versatility in logistics solutions.

Final Mile Services (FMS): Specializing in doorstep delivery services, FMS operates with 1,166 company-owned trucks, 225 customer-owned trucks, and 20 independent contractor trucks. This segment owns 1,212 pieces of trailing equipment and manages 102 customer-owned trailers, showcasing its capability to handle final mile deliveries across diverse product categories.

Truckload (JBT): JBT provides reliable dry-van freight services. Utilizing 27 company-owned tractors and 13,561 company-owned trailers, the JBT segment is adept at transporting or arranging transportation of freight covering a wide variety of goods, from general merchandise to specialty consumer items and more. Its extensive fleet signifies J.B. Hunt’s capacity to accommodate large-scale truckload transportation needs.