J.B. Hunt Transport Services Inc. of Lowell will grant another $1.5 million to the University of Arkansas’ Walton College of Business for its supply chain program.
The university, which has received more than $7 million from the transportation and logistics giant, will rename the program the J.B. Hunt Transport Department of Supply Chain Management. Its undergraduate program is ranked No. 1 nationally since 2020 by Gartner, a global research firm, which releases rankings every two years.
The supply chain program was started in 2011 by Matt Waller and John Ozment; Waller is now dean of the Walton College. Waller and J.B. Hunt President Shelley Simpson announced the partnership and naming at the company’s headquarters Thursday.
“The future of supply chain starts right here in northwest Arkansas,” Simpson said.
Simpson said J.B. Hunt is the No. 2 employer of Walton College graduates and the No. 1 employer of graduates from the supply chain program.
“Walton College aims to be the leader in supply chain management education, research and career readiness,” said Waller, who presented Simpson with a plaque honoring the department’s new name. “A gift of this magnitude from one of the global leaders in logistics can expand our reach to talented students, expert faculty and industry thought leaders. Together, we can advance the industry’s positive growth and practice.”
The company and university have worked closely since the supply chain department was created. Waller said J.B. Hunt’s donations help bring in top faculty, which spurred the quick rise in the department’s prominence,
“I would love everybody to come work for J.B. Hunt when they graduate but that’s not the reality,” Simpson said. “They’re going to go work for our customers, our vendors and people we do business with. It will set in motion that we are the leader in this space.”