Sector: Industrials|Industry: Integrated Freight & Logistics|Market Cap: $17.73B|Employees: 34.7K
J.B. Hunt Transport Services, Inc. is a large surface transportation, delivery, and logistics company in North America. They provide a wide range of transportation, brokerage, and delivery services to diverse customers across the United States, Canada, and Mexico. J.B. Hunt leverages its own assets and third-party carriers through an integrated, multimodal approach, utilizing technology to offer a variety of solutions and maintain a competitive advantage.
J.B. Hunt Transport Services, Inc. is a publicly held holding company that provides a wide range of transportation, delivery, and logistics services throughout the continental United States, Canada, and Mexico. The company's core business model involves utilizing company-controlled revenue equipment, company drivers, independent contractors, and third-party carriers to transport full-truckload containerized freight. J.B. Hunt also provides customized freight movement, dedicated services, and last-mile delivery services. The company's competitive advantage lies in its integrated, multimodal approach and its online platform, J.B. Hunt 360, which offers shippers and carriers greater access, visibility, and transparency of the supply chain.
The provided document does not include background information on key leaders' tenure and experience.
J.B. Hunt offers a range of transportation and logistics services:
The company operates through five main segments:
J.B. Hunt's strategy is based on an integrated, multimodal approach to provide capacity-oriented solutions centered on delivering customer value and industry-leading service. The company focuses on energy-efficient transportation solutions, maintaining a modern fleet, and utilizing technology to optimize freight flows. Key initiatives include expanding the J.B. Hunt 360 platform, testing alternative fuel vehicles, and improving fleet fuel efficiency. The company aims to drive long-term value for its people, customers, and shareholders.
The freight transportation market is highly fragmented and competitive. J.B. Hunt competes with other intermodal marketing companies, full-load carriers, private fleets, and non-asset-based logistics companies. The company competes primarily on price, on-time service, equipment capacity, and carrier availability. Key market trends include the increasing demand for energy-efficient transportation solutions and the use of technology to optimize supply chains.
(Generated from latest 10-K filing)