Intermodal Operators Expand in E-Commerce as Online Retailers Seek to Control Costs
Intermodal rail and trucking companies are competing to meet the transportation needs of e-commerce businesses while adapting to how these new supply chains differ from those of traditional brick-and-mortar retailers.
July 13, 2017J.B.Hunt Appoints Simpson Chief Commercial Officer
J.B. Hunt Transport Services Inc. appointed Shelley Simpson chief commercial officer, the company said.
May 15, 2017J.B. Hunt Plans to Invest $500 Million in ‘Disruptive’ Supply Chain Tech
J.B. Hunt Transport Services Inc. announced it will spend $500 million over the next five years to enhance its operating systems, develop cloud infrastructure and create what it said would be “innovative and disruptive technologies” for use in its supply chain.
May 8, 2017J.B. Hunt Profits Up 2.6% Due to Lower Tax Bill in First Quarter
The truckload earnings season began with J.B. Hunt Transport Services Inc. announcing a 2.6% increase in profits year-over-year in the first quarter, mainly due to a one-time tax benefit that otherwise would have put the carrier behind 2016 earnings.
April 17, 2017J.B. Hunt Inc. Opens Its First Enterprise Sales Branch in Canada
J.B. Hunt Transport Services Inc. opened an “enterprise sales branch” in Toronto, its first such office in Canada, the intermodal and truckload carrier said.
March 30, 2017J.B. Hunt Posts Growth for Fourth Quarter, All of 2016
Intermodal and truckload carrier J.B. Hunt Transport Services posted gains in net income and revenue for the fourth quarter of 2016 and for the year, the Lowell, Arkansas-based company said Jan. 19.
January 19, 2017J.B. Hunt to Add Trucks in 2017
J.B. Hunt Transport Services Inc. said Nov. 9 that it planned to add 500 to 700 trucks to its dedicated contract solutions unit and 100 to120 in its truckload division in 2017. Also, it will replace 1,100 trucks.
November 9, 2016Net Income Drops 5% at J.B. Hunt in Third Quarter
J.B. Hunt Transport Services Inc., the first trucking company to report third-quarter earnings, said net income declined 5% to $109.4 million, or 97 cents, dragged down by weaker profit margins in all of its businesses except dedicated trucking.
October 17, 2016J.B. Hunt Signs Deal to Boost Freight Service to Puerto Rico
J.B. Hunt Transport Services Inc. signed a service agreement with Trailer Bridge Inc. to combine resources between the mainland United States and Puerto Rico, the motor carrier announced Sept. 16.
September 16, 2016J.B. Hunt Earnings Rise Less Than Expected
Higher profit from dedicated truckload business helped J.B. Hunt Transport Services Inc. to eke out a 1.5% second-quarter net income increase to $105.1 million, or 92 cents per share, but weaker than expected intermodal unit performance and other factors led the company to lower its 2016 earnings expectations.
July 18, 2016