J.B. Hunt Transport Services, Inc. (0J71.L) LSE

146.48

+2.73(+1.90%)

Updated at September 05 03:53PM

Currency In USD

J.B. Hunt Transport Services, Inc.

Address

615 J.B. Hunt Corporate Drive

Lowell, AR 72745-0130

United States of America

Phone

479 820 0000

Sector

Industrials

Industry

Integrated Freight & Logistics

Employees

33646

First IPO Date

January 29, 2018

Key Executives

NameTitlePayYear Born
Ms. Shelley SimpsonPresident, Chief Executive Officer & Director910,1271972
Mr. John Kuhlow CPAExecutive Vice President of Finance, Chief Financial Officer, Controller & Chief Accounting Officer563,7341971
Mr. Bradley W. HicksPresident of Dedicated Contract Services & Executive Vice President589,6761973
Mr. Darren P. FieldExecutive Vice President & President of Intermodal624,0271971
Mr. Nicholas HobbsChief Operating Officer, President of Highway & Final Mile Services and Executive Vice President723,9581963
Mr. John N. Roberts IIIExecutive Chairman991,3911964
Mr. Spencer FrazierExecutive Vice President of Sales & Marketing01971
Mr. A. Brad DelcoVice President of Finance & Investor Relations0N/A
Ms. Jennifer R. BoattiniSenior Vice President of Legal & Litigation, General Counsel and Corporate Secretary01973
Mr. Stuart L. Scott Jr.Executive Vice President & Chief Information Officer01967

Description

J.B. Hunt Transport Services, Inc. provides surface transportation, delivery, and logistic services in North America. It operates through five segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), Final Mile Services (FMS), and Truckload (JBT). The JBI segment offers intermodal freight solutions. It operates 104,973 pieces of company-owned trailing equipment; owns and maintains its chassis fleet of 85,649 units; and manages a fleet of 5,612 company-owned tractors, 582 independent contractor trucks, and 6,943 company drivers. The DCS segment designs, develops, and executes supply chain solutions that support various transportation networks. As of December 31, 2021, it operated 11,139 company-owned trucks, 544 customer-owned trucks, and 6 contractor trucks. The company also operates 21,069 owned pieces of trailing equipment and 7,753 customer-owned trailers. The ICS segment provides freight brokerage and transportation logistics solutions; flatbed, refrigerated, expedited, and less-than-truckload, as well as dry-van and intermodal solutions; an online multimodal marketplace; and logistics management for customers to outsource the transportation functions. The FMS segment offers delivery services through 1,272 company-owned trucks, 272 customer-owned trucks, and 19 independent contractor trucks; and 1,036 owned pieces of trailing equipment and 185 customer-owned trailers. The JBT segment provides dry-van freight services by utilizing tractors and trailers operating over roads and highways through 734 company-owned tractors and 11,172 company-owned trailers. It also transports or arranges for the transportation of freight, such as general merchandise, specialty consumer items, appliances, forest and paper products, food and beverages, building materials, soaps and cosmetics, automotive parts, agricultural products, electronics, and chemicals. The company was incorporated in 1961 and is headquartered in Lowell, Arkansas.