J.B. Hunt Transport Services

(Bruce Kelly Photograph)

J.B. Hunt to Acquire BNSF Logistics’ Brokerage Assets

J.B. Hunt Transport Services Inc. has entered a definitive agreement to purchase the brokerage operations of BNSF Logistics, LLC, an affiliate of Class I railroad BNSF, the companies reported Sept. 14. Railway Age Contributing Editor Jim Blaze weighs in.

J.B. Hunt Adds Washington State, Texas Operations

J.B. Hunt Transport Services Inc. (J.B. Hunt) announced on Oct. 3 that it is expanding its transloading footprint with the addition of two new operations in Seattle, Wash., and Laredo, Tex., “for customers’ needs and to provide quick access to outbound rail and highway transport.”

J.B. Hunt to Expand Container Count

Freight transportation provider J.B. Hunt Transport Services (J.B. Hunt) has announced a new vessel service agreement that will increase its container count and “boost capacity for its customers.” Two new container ships

Commentary

Counting on Rail Congestion as a Rail Equipment Demand Driver is Not a Sustainable Long-Term Strategy

Our July 12 rail equipment expert call takeaways are consistent with J.B. Hunt Transport’s (JBHT) recent comments on about sub-optimal 2Q22 rail service (below). This solidifies our expectation of an eighth consecutive lease rate improvement for GATX, which reports on July 21. We continue to favor the shares into the print as detailed in our July 7 machinery and transportation OEM preview, “Revisions Into the Print.”