J.B. Hunt Transport Services, Inc., together with its wholly owned subsidiaries, operates as a surface transportation, delivery, and logistics company in North America. As of December 31, 2013, it owned 10,453 units of tractor and truck fleet. Segments The company operates in four segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), and Full-Load Dry-Van (JBT). JBI The transportation service offerings of the JBI segment utilize arrangements with most major North American rail carriers to provide intermodal freight solutions for its customers throughout the continental United States, Canada, and Mexico. The company operates 65,979 pieces of company-owned trailing equipment systemwide. The fleet primarily consists of 53-foot, high-cube containers. The company also owns and maintains its own chassis fleet, consisting of 59,882 units. The company also manages a fleet of 3,448 company-owned tractors, and 646 independent contractor trucks. DCS This segment focuses on private fleet conversion and creation in replenishment, specialized equipment, and final-mile delivery services. The company also specializes in the design, development, and execution of supply-chain solutions that support various transportation networks. The company’s final-mile delivery services are supported with a network of approximately 89 cross-dock locations nationwide. As of December 31, 2013, this segment operated 5,805 company-owned trucks, 592 customer-owned trucks, and 10 independent contractor trucks. This segment also operates approximately 12,500 owned pieces of trailing equipment and approximately 6,500 customer-owned trailers. ICS This segment provides traditional freight brokerage and transportation logistics solutions to customers through relationships with third-party carriers and integration with its owned equipment. The company provides flatbed, refrigerated, expedited, and less-than-truckload, as well as various dry-van and intermodal solutions. This segment provides single-source logistics management for customers desiring to outsource their transportation functions and utilize its supply-chain technology and design expertise to improve efficiency. The company operates 24 remote sales offices or branches, as well as on-site logistics personnel working in direct contact with customers. JBT The service offering in this segment is 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. The company uses its company-owned tractors and employee drivers or independent contractors who agree to transport freight in its trailers. As of December 31, 2013, the JBT segment operated 1,200 company-owned tractors. Sales and Marketing The company transports, or arranges for the transportation of, a range of freight, including general merchandise, specialty consumer items, appliances, forest and paper products, food and beverages, building materials, soaps and cosmetics, automotive parts, agricultural products, electronics, and chemicals. The company’s customer base is diverse and includes Fortune 500 companies. The company provides a range of transportation services to shippers seeking to use various transportation options to optimize their supply-chain logistics needs. Regulations The company’s operations as a for-hire motor carrier are subject to regulation by the U.S. Department of Transportation (DOT) and the Federal Motor Carrier Safety Administration (FMCSA), and certain business is also subject to state rules and regulations. The company’s operations into and out of Canada and Mexico are subject to regulation by those countries. Seasonality The company’s business is seasonal, with slightly higher freight volumes typically experienced during August through early November. The DCS segment is subject to somewhat less seasonal variation than its other segments. Strategy The company’s strategy is based on utilizing an integrated, multimodal approach to provide capacity-oriented solutions centered on delivering customer value and industry-leading service. History J.B. Hunt Transport Services, Inc. was founded in 1961. The company was incorporated in Arkansas in 1961.
hunt (jb) transprt svcs inc (JB1:Berlin)
615 J.B. Hunt
Lowell, AR 72745
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