Jbhunt.com
Title
J.B. Hunt
J.B. Hunt Transport Services - JBHunt.com
About the Company
J. B. Hunt Transport Services, Inc. is a prominent name in transportation logistics companies of North America. They are very dependable, dedicated to performance, and provide transit & safe freight transportation to places all over the United States, Mexico and Canada. The company transports goods such as building materials, food & beverages, forest and paper products, general merchandise, automotive parts and chemicals. All the segments give capacity oriented solutions centered delivery to customers all year round.
They operate from three discrete but organized business segments named Full Load Dry Van or JBT, Intermodal or JBI and Dedicated Contract Services or DCS. The JBT segments provides full load and dry van freight services with the help of company owned tractors as well as independent contractors. They even collaborate with third party motor carriers. The JBI segment offers intermodal freight solutions along with coordinating rail and over the road transport movements. The DCS segment is involved in design, development and execution of solutions for the benefit of the customers. This segment along with offering transportation engineering solutions meant for support private fleet conversion, dedicated fleet creation, and transportation system augmentation, also offers dry van, temperature controlled, local services, flatbed, and dump trailers.
The company is equipped with 27,622 company controlled containers, 1,551 company owned tractors and managed by 1,946 company drivers, as of December 31, 2006.
Company History
1969 – The J. B. Hunt Transport Services, Inc. was founded in 1961. The headquarters is located at Lowell, Arkansas. The company started operating with seven refrigerated trailers and five trucks.
1983 – 1,320,000 shares of common stock were offered to public. The same year, it was ranked as United States’ 80th largest carrier. The revenue boosted up by fifty six percent over the period of one year and exceeded $63 million. At that time 1, 050 people were working with the company which owned 1,049 trailers and 550 tractors.
1985 – To the existing list of major terminals California, Arkansas, New Jersey and Ohio was added. The rank of the company soared up to 37th largest carrier in United States. More people joined the band-wagon. A total of 2,291 worked in 1985. The number of trailers and tractors also improved and there were a total of 2,468 trailers and 1,236 tractors.
1987 – Revenues also increased so as to attain the goal of becoming the United States’ 2nd largest carrier. The company became the largest publicly held truckload carrier. 5,170 employees were hired to handle 5,454 trailers and 2,544 tractors.
1990 – The corporate headquarters were shifted to Lowell, Arkansas. Business Month magazine ranked J. B. as the 50th fastest growing company. Over a decade, the percentage grew to 2,000. A whooping 12,389 employees worked with the company. And 10,563 trailers and 4,729 tractors were operated.
1992 – J.B. Hunt Logistics, Inc. was formed so as to meet logistics needs of the customers. Hunt/IBM on-board computer systems were installed. TMM/Hunt de Mexico agreement was signed with Mexico’s largest maritime steamship company. 11,284 people were working with the company now and the company operated 17,391 trailers and 7,004 tractors.
1993 – J.B. Hunt Dedicated Contract Services was formed to handle outsourcing requirements of the customers. Revenues hit a top level of $1 billion. Nine railway companies were included in the rail partnership.10, 430 people worked for the company and 19,089 trailers & 6,775 tractors were operated.
1995 – The Intermodal loads shoots up by 24 percent and eighty ramp locations were being serviced. Contract Services offered 1,276 employees, 1,630 trailers, and 970 tractors. The company had 12,020 employees and 24,618 trailers & 7,706 tractors.
1997 – Driver wages were incremented by 33 percent. But the driver turnover decreased by 60 percent. J. B. Hunt is honored by Computer World by stating the company’s name in “Top 100 Premiere Internet User,” along with “Top 16 IT Training Shops” and “Top 25 Places to Work in IT”. The company receives the prestigious award of User Excellence Award from Network World magazine. Along with employing 11,782 people, the company operated 31,391 trailers and 7,508 tractors.
1999 – J.B. Hunt is named as the “Truckload Carrier of the Year” by Wal-Mart. The company is honored by Dayton Hudson with not one but three “Commitment to Quality” awards for outstanding performance. Revenue crossed the $2 billion mark. 14,700 employees were working with the company and 39,470 trailers & 9,460 tractors were operated.
2000 – J.B. Hunt Logistics, Inc. merged with rest six logistics units in order to form Transplace, which later became the leading Internet-based supply chain management company. The DCS division became the fastest growing dedicated contract carriage provider in North America, with a 45 percent growth per annum. Along with the operation of 44,310 trailers & 10,650 tractors, 15,980 people were employed.
2001 – To provide a higher degree of customer service, Truck and Intermodal divisions were split. Again, Computer World selected J.B. Hunt as a “Top 100 Places to Work in IT” for the fifth consecutive year. J.B. Hunt is named “Outbound Carrier of the Year” by Target Corporation. The company launched a new and interactive website. Nearly 16,380 employees worked with the company and 44,320 trailers & 10,770 tractors were operated.
2002 – J.B. Hunt is honored with “Dry Van Grocery Carrier of the Year” award by Wal-Mart. Target Corporation also named the company as “Outbound Carrier of the Year” for second year in a row. J.B. Hunt and Freightliner announced agreement to swap cabover fleet with new conventional tractors.16, 265 employees worked for the company and 45,759 trailers & 10,653 tractors operated.
2003 – Forbes magazine named the company among Platinum 400 of America’s best managed companies. Training magazine named the company among the list of Training Top 100.J.B. Hunt is named by Bloomberg Personal Finance magazine among the list of Top 100 best stocks. J.B. Hunt declared 2-for-1 stock split. Along with the operation of 46,146 trailers & 9,900 tractors, 15,700 people were employed.
2004 – J.B. Hunt was presented with Excellent Supplier Award by PPG Industries. Forbes magazine named the company among Platinum 400 of America’s best managed companies for second consecutive year. J.B. Hunt is ranked fourth on list of Best Places to Work in IT by Computer World magazine.
What they do?
- Truck - J.B. Hunt is nation's largest truckload carrier with a team of professional drivers, courteous account representatives, clean equipment, leading-edge technology and superior on-time service. Services are provided by the company in over ninety five cities all over the United States. All types of needs are met by the Outsourcing Service Group such as unexpected seasonal surges, provision of additional capacity and even last minute requests for regular customers. The J.B. Hunt Transport Van OTR group services the dry van, full truckload, and freight market which is transported by company-owned dry van trailers. Not only are local services provided, but also regional, dedicated, intermodal truckload and over the road services can also be opted for.
- Intermodal - Since 1989, the company’s Intermodal segment had been providing engineering transportation solutions for all varieties of customers. Partnership with the former Santa Fe Railway, now the BNSF, was a big turning point which proved helpful to intermodal industry. The partnership linked major rail and truckload carriers in a joint marketing environment and this expanded the services provided by the joined venture. The intermodal program grew from 20 loads in late 1989 to 500,000 in 2002.
- DCS - J.B. Hunt Dedicated Contract Services or DCS have the largest collaborative freight networks, and nationally recognized logistics technology. All over North America, they have more than three hundred customers and the number is fast growing. Their services range from a pure dedicated fleet for a single customer location to an integrated, asset-supported logistics solution across customers' supply chain. By integrating the freight, assets, and services of J.B. Hunt Truck and Intermodal, partner network capacity, and empowering those services with e-business technology, DCS provides customer-specific solutions that deliver bottom-line value.
How big are they?
The company is ranked 600 in the list of Fortune 1000 companies for the year 2006 and 3rd in the list of 8 companies in its category. The company had revenues of $3.3 billion and profits of $220 million, an increase of 6.4% and 6.1% over the last year. The company had an asset base of $1.7 billion and market value of $3.93 billion as of March 23, 2007.
About the Website
The company boots off an informative and nice looking website. The homepage has information about who they are and what they do. It also provides lots of information to the drivers like weather alerts, hiring information and even a chat online feature to chat with a love representative about hiring possibilities. The homepage also has a company news section which provides latest news about the company and the industry. Visitors can also search for jobs and apply online too. The homepage also has a customer login and employee login facility. Overall the website serves the purpose well.
Website Rank
The website has a traffic rank of 418,129 as of August 2, 2007.
Address
- CEO: Kirk Thompson
- 615 JB Hunt Corporate Drive
- Lowell, AR 72745
- United States - Map
Contact
- J.B. Hunt Transport, Inc.
-
- Phone: 479-820-0000
- Fax: 479-659-6297
Languages
English
References
Logos
Additional Information
Related Domains
External Links
- Stock: JBHT
- Alexa: Jbhunt.com
