J.B. Hunt Earns Top 5 Position on FreightWaves Inaugural Freight.Tech 25
J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT), one of the largest supply chain solutions providers in North America, has been named to FreightWaves’ Freight.Tech 25, earning the number five spot on the outlet’s inaugural list of innovative and disruptive companies in freight.
The Freight.Tech 25 was revealed during the MarketWaves18 conference November 14 in Grapevine, Texas. J.B. Hunt also received Best in Show at Demo Day during the conference for the latest installment of Carrier 360 by J.B. Hunt, the company’s app dedicated to helping carriers save money, spend more time driving, and have an overall better experience.
“J.B. Hunt is proud to be included among these innovative companies,” said Shelley Simpson, executive vice president and chief commercial officer of J.B. Hunt. “To be in the Freight.Tech 25 and win Best in Show at Demo Day represents our effort to create the most efficient transportation network in North America by leveraging our experience and technology.”
More than 500 companies were nominated for the first-time distinction. FreightWaves narrowed nominations to 100 companies, comprising the Freight.Tech 100. An external panel consisting of industry executives, academics, and investors then scored their top 25 leaders, determining the Freight.Tech 25. Judging was overseen by accounting firm Katz, Sapper & Miller (KSM).
J.B. Hunt has a continued commitment to creating innovative solutions that address the evolving digital needs of today’s supply chain. In 2017, the company announced a five-year, $500 million investment dedicated to developing disruptive technology and enhancing operating systems and infrastructure. The investment has helped power new capabilities for J.B. Hunt 360, the company’s overall technology platform that addresses the need for efficiency, cost savings, and visibility across the supply chain. Earlier this year, J.B. Hunt launched a rewards program for carriers and their drivers within Carrier 360, a component of J.B. Hunt 360, and added a rating function to give carriers the ability to rate shipping facilities based on convenience, timeliness, and accommodations.
J.B. Hunt has received distinctions from multiple industry outlets in 2018. Inbound Logistics named J.B. Hunt a Top 10 3PL, Top 100 Trucker, and Top 75 Green Supply Chain Partner; Logistics Management recognized J.B. Hunt with three Quest for Quality Awards; and Food Logistics named J.B. Hunt a Top 3PL & Cold Storage Provider. The company was recently awarded the Environmental Protection Agency’s SmartWay Excellence Award for the ninth consecutive year, recognizing organizations that operate with sustainable excellence.
About J.B. Hunt
J.B. Hunt Transport Services, Inc., an S&P 500 company, provides innovative supply chain solutions for a variety of customers throughout North America. Utilizing an integrated, multimodal approach, the company applies technology-driven methods to create the best solution for each customer, adding efficiency, flexibility, and value to their operations. J.B. Hunt services include intermodal, dedicated, refrigerated, truckload, less-than- truckload, flatbed, single source, final mile, and more. J.B. Hunt Transport Services, Inc. stock trades on NASDAQ under the ticker symbol JBHT and is a component of the Dow Jones Transportation Average. J.B. Hunt Transport, Inc. is a wholly owned subsidiary of JBHT. For more information, visit www.jbhunt.com.