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J.B. Hunt Transport Services Inc. reports developments in North American supply chain and surface transportation operations. The company provides intermodal, dedicated, refrigerated, truckload, less-than-truckload, flatbed, single-source, last mile and transload services, using company-owned fleet capacity and third-party capacity through the J.B. Hunt 360° digital freight marketplace.
Recurring news for JBHT includes U.S. GAAP earnings releases, segment trends in Intermodal, Dedicated Contract Services, Truckload and Integrated Capacity Solutions, quarterly dividend actions, investor conference participation, safety programs, sustainability recognition and common stock listing updates. Company updates also reference its role as an S&P 500 company and a component of the Dow Jones Transportation Average.
J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) will release its first quarter 2021 earnings on April 15, 2021, after market close. A conference call for discussing results will take place from 4:00-5:00 p.m. CT the same day. Interested participants can join by calling 1-833-397-0851 domestically or 516-575-8759 internationally, using conference ID: 4345296. The company emphasizes that actual results may differ from anticipated figures due to various factors outlined in their Form 10-K for the year ended December 31, 2020.
J.B. Hunt Transport Services (NASDAQ: JBHT) announces integration with KeepTruckin's Smart Load Board, enhancing J.B. Hunt 360°® freight-matching capabilities. This collaboration aims to improve visibility into freight capacity and streamline load matching for carriers. Approved carriers can access J.B. Hunt loads through KeepTruckin, allowing real-time shipment tracking. J.B. Hunt 360 processed over 1.2 million loads and transacted more than $1.4 billion in 2020, solidifying its position in the North American transportation market.
J.B. Hunt Transport Services (NASDAQ: JBHT) will participate in the J.P. Morgan 2021 Industrials Conference on March 16, 2021, at 11:20 a.m. ET. Chief Commercial Officer Shelley Simpson and CFO John Kuhlow will discuss forward-looking statements, which may include risks and uncertainties that could affect results. Interested investors can access the presentation via a webcast on the company’s website, with a replay available afterwards. J.B. Hunt offers a range of supply chain solutions across North America, integrating technology to enhance efficiency and value.
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.