J.B. Hunt Transport Services Inc. (J.B. Hunt) announced Feb. 22 that its subsidiary, J.B. Hunt Transport Inc., has entered into a multi-year intermodal service agreement with Walmart, in an arrangement that includes J.B. Hunt’s purchase of Walmart’s intermodal assets.
J.B. Hunt Transport Services
Former Kansas City Southern (KCS) President and CEO Patrick J. Ottensmeyer joins the Board of Directors at J.B. Hunt Transport Services. Also, Chec Morrow has been elevated to Director of Field Services at AllTranstek LLC, a rail transport management and consulting firm; and Odyssey Logistics has appointed Omar Shamsie as Chief Commercial Officer.
Supply chain solution provider J.B. Hunt and BNSF Railway on Nov. 7 announced the launch of Quantum, an intermodal service that accommodates the “service-sensitive” highway freight needs of customer supply chains. According
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 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.”
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
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.”
The Intermodal Association of North America (IANA) announces winners of its three industry awards. Also, the Port of Los Angeles sets new June cargo record and J.B. Hunt Transport Services Inc. (J.B.
Union Pacific (UP) and CSX have been named to Fortune magazine’s “World’s Most Admired Companies” list for 2022.