(JBHT) JB Hunt Transport - Ratings and Ratios

J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) is a leading player in the surface transportation and logistics industry, operating across five distinct business segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), Final Mile Services (FMS), and Truckload (JBT). Each segment is designed to address specific needs within the supply chain, ensuring a comprehensive approach to transportation solutions.

The Intermodal segment (JBI) specializes in freight solutions that combine rail and road transport. As of December 31, 2023, JBI operates 118,171 pieces of company-owned trailing equipment, a chassis fleet of 100,825 units, and manages a fleet comprising 5,944 company-owned tractors, 436 independent contractor trucks, and 7,567 company drivers. This extensive network underscores JBIs role as a critical link in intermodal logistics.

The Dedicated Contract Services (DCS) segment focuses on designing and implementing customized supply chain solutions. By December 31, 2023, DCS operated 12,574 company-owned trucks, 674 customer-owned trucks, and 4 contractor trucks, alongside 27,194 owned trailers and 5,406 customer-owned trailers. This segments tailored approach allows for efficient transportation network management, catering to diverse client needs.

Integrated Capacity Solutions (ICS) offers a broad range of logistics services, including freight brokerage, transportation logistics, and an online multimodal marketplace. ICS provides solutions such as flatbed, refrigerated, expedited, less-than-truckload, dry-van, and intermodal services, as well as logistics management for outsourcing transportation functions. This versatility positions ICS as a one-stop-shop for complex logistics requirements.

The Final Mile Services (FMS) segment delivers last-mile solutions through 1,166 company-owned trucks, 225 customer-owned trucks, and 20 independent contractor trucks, supported by 1,212 owned trailers and 102 customer-owned trailers. FMS is integral in ensuring timely and efficient delivery of goods to consumers, a critical component in todays fast-paced retail environment.

The Truckload (JBT) segment offers dry-van freight services using 27 company-owned tractors and 13,561 company-owned trailers. JBT transports a variety of goods, including general merchandise, specialty items, appliances, forest products, food, beverages, building materials, cosmetics, automotive parts, agricultural products, electronics, and chemicals. This diversity in cargo highlights JBTs adaptability and extensive reach.

Headquartered in Lowell, Arkansas, J.B.