J.B. Hunt Company Review & Valuation JBHT
About J.B. Hunt Transport Services, Inc.
J.B. Hunt Transport Services, Inc., together with its subsidiaries, provides surface transportation and delivery services in the continental United States, Canada, and Mexico. It operates through four segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), and Truckload (JBT). The JBI segment offers intermodal freight solutions, such as origin and destination pickup, and delivery services. It operates 88,610 pieces of company-owned trailing equipment; owns and maintains its chassis fleet comprising 77,946 units; and manages a fleet of 4,776 company-owned tractors, 764 independent contractor trucks, and 5,782 company drivers. The DCS segment designs, develops, and executes supply-chain solutions that support various transportation networks. As of December 31, 2017, it operated 8,124 company-owned trucks, 544 customer-owned trucks, and 59 independent contractor trucks, as well as 18,579 owned pieces of trailing equipment, and 7,232 customer-owned trailers. The ICS segment provides traditional freight brokerage and transportation logistics solutions; and flatbed, refrigerated, expedited, and less-than-truckload solutions, as well as various dry-van and intermodal solutions. It also offers single-source logistics management for customers that desire to outsource their transportation functions. This segment operates 44 remote sales offices or branches. The JBT segment provides full-load and dry-van freight services by utilizing tractors operating over roads and highways. As of December 31, 2017, it operated 1,291 company-owned tractors. The company also transports or arranges for the transportation of freight, including 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. J.B. Hunt Transport Services, Inc. was founded in 1961 and is headquartered in Lowell, Arkansas.
Primary Stock Exchange Listings