J.B. Hunt Purchases Special Logistics for $136 Million; Deal to Boost Final-Mile Deliveries
J.B. Hunt Transport Services Inc. announced it will acquire Houston-based Special Logistics Dedicated for $136 million.
J.B. Hunt Reports 6.8% Drop in 2Q Profits, Missing Analyst Forecasts
J.B. Hunt Transport Services Inc. kicked off the earnings reporting season on a sour note for the truckload industry, announcing profits dropped 6.8% year-over-year and missing the Bloomberg News consensus forecast of industry analysts.
Intermodal Operators Expand in E-Commerce as Online Retailers Seek to Control Costs
Intermodal rail and trucking companies are competing to meet the transportation needs of e-commerce businesses while adapting to how these new supply chains differ from those of traditional brick-and-mortar retailers.
J.B.Hunt Appoints Simpson Chief Commercial Officer
J.B. Hunt Transport Services Inc. appointed Shelley Simpson chief commercial officer, the company said.
May 15, 2017J.B. Hunt Plans to Invest $500 Million in ‘Disruptive’ Supply Chain Tech
J.B. Hunt Transport Services Inc. announced it will spend $500 million over the next five years to enhance its operating systems, develop cloud infrastructure and create what it said would be “innovative and disruptive technologies” for use in its supply chain.
J.B. Hunt Profits Up 2.6% Due to Lower Tax Bill in First Quarter
The truckload earnings season began with J.B. Hunt Transport Services Inc. announcing a 2.6% increase in profits year-over-year in the first quarter, mainly due to a one-time tax benefit that otherwise would have put the carrier behind 2016 earnings.
April 17, 2017J.B. Hunt Inc. Opens Its First Enterprise Sales Branch in Canada
J.B. Hunt Transport Services Inc. opened an “enterprise sales branch” in Toronto, its first such office in Canada, the intermodal and truckload carrier said.
March 30, 2017J.B. Hunt Posts Growth for Fourth Quarter, All of 2016
Intermodal and truckload carrier J.B. Hunt Transport Services posted gains in net income and revenue for the fourth quarter of 2016 and for the year, the Lowell, Arkansas-based company said Jan. 19.
J.B. Hunt to Add Trucks in 2017
J.B. Hunt Transport Services Inc. said Nov. 9 that it planned to add 500 to 700 trucks to its dedicated contract solutions unit and 100 to120 in its truckload division in 2017. Also, it will replace 1,100 trucks.
Net Income Drops 5% at J.B. Hunt in Third Quarter
J.B. Hunt Transport Services Inc., the first trucking company to report third-quarter earnings, said net income declined 5% to $109.4 million, or 97 cents, dragged down by weaker profit margins in all of its businesses except dedicated trucking.
October 17, 2016