J.B. Hunt Profit Falls 30% in Q3
The so-called freight recession continued, dragging down income for the third consecutive quarter. read more >
The so-called freight recession continued, dragging down income for the third consecutive quarter. read more >
After the deal is completed, J.B. Hunt will sign a long-term contract to continue to provide third-party logistics services to BNSF Railway. read more >
Earlier this month, the company highlighted some of its environmental, social and governance achievements in its 2022 Sustainability Report. read more >
The trucks will be strategically located at facilities servicing J.B. Hunt's key routes, including in the greater Los Angeles and Phoenix areas. read more >
For central Arkansas to replicate the boom in northwest Arkansas, regionalism is the best approach, Northwest Arkansas Council CEO Nelson Peacock said. Jealousy between cities is common, he said, but stakeholders have to move past that to achieve progress. read more >
The EPA’s Phase 3 proposal called for standards that would result in 35% of short-haul tractors and 25% of long-haul tractors being electric by 2032. read more >
Thompson, a member of the Arkansas Business Hall of Fame, served as the company’s CEO from 1987 to 2011 when he became the chairman. read more >
Deliveries between Dallas and San Antonio are set to begin this month. read more >
Income was $197.8 million, a nearly 19% drop from the same period a year ago. read more >
Other executives at the Lowell-based company also received higher total compensation in 2022. read more >
The practice allows a second 18-wheeler to follow closely behind a lead truck so each can use driver-assisted technology. read more >
The raises for CEO John Roberts III, President Shelley Simpson and others come after profit increased 27% in 2022. read more >
The company reported a 27% decline in volume in its Integrated Capacity Solutions segment. read more >
The company said it would focus on three areas to reach the target: alternative-powered equipment, more biogenic fuel usage and better miles per gallon from its diesel vehicles. read more >
The company reported stronger production across its segments, especially in intermodal. read more >
Both new operations will enable J.B. Hunt to transfer customers’ international freight to equipment for domestic transport using the company’s transportation assets and capacity solutions. read more >
The lot covers nearly an acre and has a 1,120-SF office. read more >
The transportation giant gave the school another $1.5 million — bumping its total gifts to more than $7 million since 2014 — so the university naming it the J.B. Hunt Transport Department of Supply Chain Management came as no surprise. read more >
The logistics giant is donating another $1.5 million to the university's supply chain program, which will be renamed. read more >
John Roberts, who has served as president and CEO since 2011, will remain as CEO and continue to serve on the board of directors. read more >
