3. J.B. Hunt Transport Services
Data through Dec 31, 2023
Location
Lowell, Ark.
Stock
Nasdaq: JBHT
Leadership
Shelley Simpson, President and CEO
Gross Revenue:
$12,510,000,000 est
Net Revenue:
$4,690,000,000 est
Services
The freight brokerage, logistics and dedicated contract carriage operations of J.B. Hunt Transport Services, a major intermodal and truckload carrier. The company’s technology platforms provide digital freight matching for over-the-road and intermodal shippers and carriers. J.B. Hunt announced its acquisition of the brokerage assets of BNSF Logistics in September 2023.
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Trends
Details
Sectors
Dedicated
Freight Brokerage
Warehousing
Ocean Freight
Airfreight
Key Customers
NA
Industries Served
Top Industries Served:
Consumer packaged goods, food and beverage, retail
Other Industries Served:
Aerospace and defense, automotive, building products, chemicals, computers and electronics, durable goods, industrial and manufacturing, fashion and apparel, forest and paper products, government, health care, office equipment, oil and gas, publishing, rubber and plastic products, telecommunications
From This Company
Top Logistics News
“As we get into the holiday season, we’re excited about what we have in store for customers,” CEO Andy Jassy said in a statement.
The Omaha, Neb.-based carrier’s Q3 net income fell 72% to $6.6 million, or 11 cents per share, compared with $23.7 million, 37 cents, a year ago.
XPO’s North American LTL segment, its core operation, increased revenue by 1.9% to $1.25 billion from $1.23 billion last year despite declines in shipment volumes.