JBHT 📈 JB Hunt Transport Services - Overview

J.B. Hunt Transport Services, Inc. is a leading provider of surface transportation, delivery, and logistics services in the United States, operating through a diverse range of segments that cater to various customer needs. The company's Intermodal segment, for instance, offers comprehensive intermodal freight solutions, leveraging a vast network of company-owned trailing equipment, chassis, and tractors. With a fleet of over 118,000 pieces of equipment, 100,000 chassis, and nearly 6,000 company-owned tractors, this segment is well-equipped to handle large volumes of freight. Additionally, the company's management of a fleet of independent contractor trucks and company drivers enables it to provide flexible and reliable services to its customers.

The Dedicated Contract Services segment is another key area of focus for J.B. Hunt, where the company designs, develops, and executes customized supply chain solutions for its clients. This segment operates a significant fleet of company-owned trucks, as well as customer-owned trucks and contractor trucks, allowing it to provide dedicated transportation services that meet the unique needs of its customers. With a fleet of over 12,500 company-owned trucks and 27,000 pieces of trailing equipment, this segment is capable of handling complex logistics operations. Furthermore, the company's ability to manage customer-owned equipment and provide logistics management services enables it to offer a comprehensive suite of solutions to its clients.

The Integrated Capacity Solutions segment provides a broad range of freight brokerage and transportation logistics services, including flatbed, refrigerated, expedited, and less-than-truckload solutions, as well as intermodal and dry-van services. This segment also operates an online multimodal marketplace, which enables customers to outsource their transportation functions and access a network of trusted carriers. By providing these services, J.B. Hunt is able to help its customers optimize their supply chains, reduce costs, and improve efficiency. The company's expertise in logistics management and transportation brokerage enables it to provide customized solutions that meet the specific needs of its clients.

The Final Mile Services segment offers specialized delivery services, utilizing a fleet of company-owned trucks, customer-owned trucks, and independent contractor trucks. This segment is focused on providing last-mile delivery solutions, which are critical for ensuring that goods are delivered to customers quickly and efficiently. With a fleet of over 1,100 company-owned trucks and 1,200 pieces of trailing equipment, this segment is well-positioned to handle the demands of final mile delivery. The company's ability to manage customer-owned equipment and provide logistics management services also enables it to offer a comprehensive suite of solutions to its clients.

The Truckload segment, which operates under the JBT brand, provides dry-van freight services, utilizing a fleet of company-owned tractors and trailers. This segment is focused on transporting a wide range of goods, including general merchandise, specialty consumer items, and industrial products. With a fleet of 27 company-owned tractors and over 13,500 company-owned trailers, this segment is capable of handling large volumes of freight. The company's expertise in truckload transportation enables it to provide reliable and efficient services to its customers, while its ability to transport a diverse range of goods makes it a versatile player in the logistics industry.

J.B. Hunt Transport Services, Inc. has a long history, dating back to its incorporation in 1961, and is headquartered in Lowell, Arkansas. The company's website can be found at https://www.jbhunt.com, and its common stock is listed on the NASDAQ exchange under the ticker symbol JBHT. With a strong presence in the cargo ground transportation industry, J.B. Hunt is well-positioned to continue providing innovative logistics solutions to its customers, while driving growth and profitability for its shareholders.