Welcome to our dedicated page for JB Hunt Trans news (Ticker: JBHT), a resource for investors and traders seeking the latest updates and insights on JB Hunt Trans stock.
J.B. Hunt Transport Services Inc (NASDAQ: JBHT) generates a steady flow of news related to its role in the transportation and warehousing sector and the general freight trucking, long-distance, truckload industry. As an S&P 500 company and a component of the Dow Jones Transportation Average, its announcements attract attention from shippers, analysts and investors who follow freight markets and logistics trends.
News about J.B. Hunt often centers on quarterly earnings releases, where the company reports U.S. GAAP revenues, operating income, net earnings and diluted earnings per share. These updates typically include segment-level performance for Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), Final Mile Services (FMS) and Truckload (JBT), along with commentary on load volumes, revenue per load, productivity and cost initiatives.
Investors will also find earnings release date and conference call announcements, which provide details on when the company plans to issue results and host webcasts for the investment community. Additional news items include dividend declarations, share repurchase authorizations and executive leadership changes, such as the appointment of a new Chief Financial Officer and related compensation disclosures.
Because J.B. Hunt emphasizes its vision to create the most efficient transportation network in North America and highlights its J.B. Hunt 360° digital freight marketplace, news coverage may also reference its technology investments, cost-to-serve initiatives and network efficiency efforts. For readers tracking JBHT, this news page offers a single place to review recent financial results, corporate actions and strategic updates as they are released.
J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) will present at the Raymond James 2021 Institutional Investors Conference on March 3, 2021, at 8:20 a.m. ET. COO Nick Hobbs and CFO John Kuhlow will represent the company, and interested investors can access the presentation via a webcast on J.B. Hunt’s website. The presentation may include forward-looking statements that involve risks and uncertainties, and J.B. Hunt will not update these statements unless aware of unachievable goals. For more details, visit www.jbhunt.com.
On February 17, 2021, Google and J.B. Hunt Transport Services announced a multi-year strategic alliance to advance J.B. Hunt's digital transformation. The partnership aims to enhance the J.B. Hunt 360° platform using Google Cloud's technologies, focusing on real-time data and improving logistics efficiency. Key initiatives include utilizing AI and ML tools to improve operations and drive innovation within supply chain management. This collaboration is positioned to enhance visibility and efficiency, addressing the increasing demand for data-driven logistics solutions in a $1 trillion industry.
J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) will be featured at the Citi 2021 Global Industrials Virtual Conference on February 16, 2021, at 1:00 p.m. Eastern Time. The presentation will be led by CEO John Roberts and CFO John Kuhlow. Investors not attending can access the webcast on J.B. Hunt’s website, with a replay available afterward. The company warns that forward-looking statements may contain uncertainties that could cause actual results to differ. For comprehensive information, interested parties are encouraged to review the press release on the company’s site.
Navistar, in collaboration with General Motors and OneH2, announced a complete solution for a zero-emission long-haul truck system, initially piloted by J.B. Hunt. The hydrogen fuel cell electric vehicle (FCEV) will feature a range of over 500 miles and refueling in under 15 minutes. Test vehicles are set to start piloting by the end of 2022, with commercial availability in 2024. Navistar is also taking a minority stake in OneH2, which will help develop the hydrogen refueling infrastructure for the new trucks.
J.B. Hunt Transport Services has declared a quarterly dividend of $0.28 per common share, payable on February 19, 2021, to shareholders on record as of February 5, 2021. This decision highlights the company's ongoing commitment to returning value to its investors. As a recognized player in supply chain solutions, J.B. Hunt employs a technology-driven, integrated approach in its diverse services, which include intermodal, dedicated, and final mile solutions. The company is publicly traded on NASDAQ under the ticker symbol JBHT.
J.B. Hunt Transport Services (NASDAQ: JBHT) reported fourth quarter 2020 net earnings of $154 million ($1.44/share), up from $144.7 million ($1.35/share) in Q4 2019. Revenue increased to $2.74 billion, driven by strong growth in Integrated Capacity Solutions (up 56%) and Truck (up 50%). Despite this, Intermodal revenue fell 1% due to rail congestion. Operating income rose slightly to $207.7 million. The company also repurchased 144,000 shares for $17 million as of December 31, 2020.
J.B. Hunt Transport Services (NASDAQ: JBHT) will release its fourth quarter 2020 earnings on January 19, 2021, after market close. A conference call is scheduled from 4:00 to 5:15 p.m. CST the same day, allowing investors to discuss the results. Interested participants can join by calling 1-833-397-0851 domestically or 516-575-8759 internationally, using conference ID 2070198. Investors should note that actual results may vary significantly from expectations due to various factors outlined in their recent filings.
J.B. Hunt Transport Services has announced enhancements to its J.B. Hunt 360° technology platform, introducing temperature-controlled transportation services within Shipper 360. Over 10,000 carriers will now provide temperature-controlled delivery options, with shippers able to book shipments in as little as three minutes. The updated platform offers features like flexible shipping windows and real-time rates, empowering businesses to respond more effectively in the freight market. J.B. Hunt's commitment to innovation aims to create an efficient transportation network in North America.
J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) has acquired the assets of Mass Movement, Inc. as of November 30, enhancing its final mile delivery capabilities for the commercial health and fitness sector. Mass Movement, which generated $29 million in revenue in 2019, brings over 20 years of experience in logistics and delivery of fitness equipment. The acquisition is part of J.B. Hunt's strategy to expand its Final Mile Services and follows three previous acquisitions since 2017. The transaction was funded with cash on hand.
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