Profile: J B Hunt Transport Services Inc (JBHT.OQ)
22 Jul 2016
J.B. Hunt Transport Services, Inc., incorporated on August 10, 1961, is a holding company. The Company is a surface transportation, delivery, and logistics company in North America. The Company, through its subsidiaries, provides transportation and delivery services to various customers and consumers throughout the continental United States, Canada and Mexico. The Company operates through four segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS) and Truck (JBT). The Company's service offerings include transportation of full truckload containerized freight, customized freight movement, revenue equipment, labor, systems and delivery services.
The transportation service offerings of the Company's JBI segment utilize arrangements with the North American rail carriers to provide intermodal freight solutions for its customers across the continental United States, Canada and Mexico. The JBI segment draws on the intermodal services of rail carriers for the underlying linehaul movement of its equipment between rail ramps. JBI operates approximately 78,960 pieces of company-owned trailing equipment. Its fleet consists of 53-foot, high-cube containers. It owns and maintains chassis fleet consisting of approximately 68,080 units. JBI also manages a fleet of approximately 4,280 Company-owned tractors, over 805 independent contractor trucks and 5,170 company drivers.
Dedicated Contract Services
The Company's DCS segment focuses on private fleet conversion and creation in replenishment, specialized equipment and final-mile delivery services. The DCS segment specializes in the design, development and execution of supply-chain solutions that support a range of transportation networks. Its final-mile delivery services are supported with a network of approximately 90 cross-dock locations. This segment operates approximately 6,760 Company-owned trucks, 440 customer-owned trucks and over 10 independent contractor trucks. DCS also operates approximately 15,020 owned pieces of trailing equipment and over 6,650 customer-owned trailers.
Integrated Capacity Solutions
The Company's ICS segment provides traditional freight brokerage and transportation logistics solutions to customers through relationships with third-party carriers and integration with its owned equipment. The ICS segment provides customers with flatbed, refrigerated, expedited and less-than-truckload (LTL), as well as a range of dry-van and intermodal solutions. ICS provides single-source logistics management for customers desiring to outsource their transportation functions. ICS operates approximately 30 remote sales offices or branches, as well as on-site logistics personnel working in direct contact with customers.
The Company's JBT segment offers full-load, dry-van freight, utilizing tractors operating over roads and highways. The Company picks up freight at the dock or specified location of the shipper and transports the load directly to the location of the consignee. It uses Company-owned tractors and employee drivers or independent contractors who agree to transport freight in the Company's trailers. The JBT segment operates approximately 1,460 company-owned tractors and has over 690 independent contractors.
J B Hunt Transport Services Inc
615 Jb Hunt Corporate Dr
PO Box 130
LOWELL AR 72745-0130