Tag: J.B. Hunt

2020 fiscal year income down 1% for J.B. Hunt Transport, revenue up 5%

Lowell-based J.B. Hunt Transport Services ended fiscal 2020 on a high note with better-than-expected net income in the fourth quarter and revenue growth of 12% from a year ago. The…

J.B. Hunt, UA Walton College to collaborate on diversity, sustainability initiative

Transportation and logistics giant J.B. Hunt Transport Services, Inc. is partnering with the University of Arkansas in a new $2.25 million collaboration to address diversity and sustainability in the industry,…

Revenue and income up for J.B. Hunt in 2019, but misses estimates

Fourth quarter and full year income and revenue for Lowell-based J.B. Hunt Transport Services topped 2018 comparisons, but missed market expectations. Shares of the logistics and shipping company fell more…

J.B. Hunt misses analyst expectations, profit rises 1%, revenue up 7%

J.B. Hunt Transport Services profits and revenue increased as a result of rising rates and new customer contracts but didn’t rise to expected levels after factoring in increased costs and…

J.B. Hunt collaborates with project44 to enhance supply chain visibility

Lowell-based carrier J.B. Hunt Transport Services will work with visibility systems provider project44 to integrate its visibility system into the carrier’s software platform J.B. Hunt 360. The system will allow…

J.B. Hunt profit increases 31%, revenue up 20% in third quarter

J.B. Hunt Transport Services net income rose 30.6% and revenue increased 19.9% in the third quarter but missed analyst expectations as customer rate increases were partially offset by increases in…

J.B. Hunt offers earnings guidance, analysts expect $1.42 per share in third quarter

Lowell-based carrier J.B. Hunt Transport Services is expected to report third-quarter profit to rise 56% to $1.42 per share, based on a consensus of 22 analysts, but that estimate was…

Healthy economy impacts freight capacity, expectations for peak cycle growth

The transportation sector is benefiting from a healthy economy, and this has led to tight truckload and intermodal capacity and expectations for a strong peak season, analysts said. Also tightening…

Second quarter net income up 55% for J.B. Hunt, revenue up 24%

A 22% operating income gain in J.B. Hunt Transport Services’ intermodal division helped the Lowell-based company beat second quarter earnings and revenue expectations. The company reported Monday morning (July 16)…

J.B. Hunt earnings per share expected to rise 45.5%, revenue to jump 18.4%

Lowell-based carrier J.B. Hunt Transport Services is expected to report second-quarter earnings will rise 45.5% to $1.28 per share, from the same period in 2017, according to a consensus of…

Truckload carriers coming off strong first quarter, driver shortage continues

The truckload industry looks to have experienced one of the strongest first quarters in a period that is typically weak while a driver shortage continues to show no signs of…

Final mile delivery business rises to 4% of J.B. Hunt total revenue

At a recent Barclays equity conference, John Roberts, president and CEO of J.B. Hunt Transport Services, and David Mee, the company’s executive vice president and chief financial officer, noted that…

J.B. Hunt begins work on technology building, to house more than 1,000

J.B. Hunt Transport Services is working to expand its technology talent pool. The Lowell-based carrier recently broke ground on a 132,883-square-foot Training and Technology Center, a stand-alone building about a…

J.B. Hunt, job coaches offer career transition program, interviews for IT positions

J.B. Hunt Transport Services, along with Grandslam Performance Associates and Global HR Partner Group, hosted a program for those displaced from technology jobs to bridge the gap between the job…

J.B. Hunt’s 2018 guidance shows conservatism in intermodal, dedicated contract services

J.B. Hunt Transport Services delayed the release of its 2018 guidance by almost three months to complete the year and “dig a little deeper,” but guidance the Lowell-based carrier released…

Analysts expect J.B. Hunt to see intermodal boost in West, 4Q earnings to fall

J.B. Hunt Transport Services should see intermodal demand rise as import container volumes increase on the West Coast and its rail partner’s volumes surge in the West. In a fourth-quarter…

J.B. Hunt exec wants lawmakers to consider big rigs in autonomous legislation, driver turnover hits 95%

A J.B. Hunt executive said in a congressional roundtable hosted by a U.S. House of Representatives subcommittee that autonomous vehicle legislation under consideration by Congress should address commercial and passenger…

J.B. Hunt delays release of 2018 financial expectations to ‘dig a little deeper’

By this time last year, J.B. Hunt Transport Services had released its financial expectations for the upcoming year, but John Roberts, president and CEO of the Lowell-based carrier, said the…

J.B. Hunt exec seeks to develop relationships, be accessible to co-workers

J.B. Hunt executive Shelley Simpson earned $7.25 an hour when she started at the Lowell-based carrier after graduating from the University of Arkansas with a marketing degree in 1994. She…

J.B. Hunt’s cloud-based information system part of $500 million investment into technology

J.B. Hunt Transport Services will invest $500 million into technology over five years, and some of the money is being used to invest into a cloud-based system for its data….