J.B. Hunt Completes Acquisition of Cory 1st Choice Home Delivery
J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT), one of the largest supply chain solutions providers in North America, announced today the completion of its acquisition of Cory 1st Choice Home Delivery. The transaction, announced January 9, was closed and became effective February 15.
“Cory’s customer-first mentality and focus on the consumer experience have made it one of the best in the furniture business,” said Nick Hobbs, executive vice president and president of Dedicated Contract Services at J.B. Hunt. “Those values very much align with ours, and we are proud to welcome Cory to the J.B. Hunt family.”
Cory’s home delivery services will be integrated with J.B. Hunt Final Mile Services, a division of the company’s Dedicated Contract Services business unit. Final Mile operates one of the largest nationwide, commingled cross-dock operations and has the ability to serve 100% of the contiguous United States. With the Cory acquisition, Final Mile has grown to include 100 locations and over 3.1 million square feet of warehouse and facilities space. More information, including quotes from leadership, is available in the initial purchase announcement.
About J.B. Hunt
J.B. Hunt’s vision is to create the most efficient transportation network in North America. The company’s industry-leading solutions and mode-neutral approach generate value for customers by eliminating waste, reducing costs and enhancing supply chain visibility. Powered by one of the largest company-owned fleets in the country and third-party capacity through its J.B. Hunt 360°® digital freight marketplace, J.B. Hunt can meet the unique shipping needs of any business, from first mile to final delivery, and every shipment in-between. Through disciplined investments in its people, technology and capacity, J.B. Hunt is delivering exceptional value and service that enable long-term growth for the company and its stakeholders.
J.B. Hunt Transport Services Inc. is an S&P 500 company and a component of the Dow Jones Transportation Average. Its stock trades on NASDAQ under the ticker symbol JBHT. J.B. Hunt Transport Inc. is a wholly owned subsidiary of JBHT. The company’s services include intermodal, dedicated, refrigerated, truckload, less-than-truckload, flatbed, single source, last mile, transload and more. For more information, visit www.jbhunt.com.