J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT), one of the largest supply chain solutions providers in North America, has been named to FreightWaves’ FreightTech 25 for the second consecutive year, earning the fourth spot on the outlet’s list of innovative and disruptive companies. This year’s ranking of the top companies in freight was announced November 13 during the FreightWaves LIVE Chicago conference. J.B. Hunt ranked fifth on the inaugural edition of the list in 2018.
“Innovation is a big part of our company culture at J.B. Hunt,” said Shelley Simpson, executive vice president, chief commercial officer, and president of highway services at J.B. Hunt. “Every day we focus on how to make the industry smarter, more efficient, and more sustainable, helping define tomorrow’s supply chain today. We are very proud to be among the top companies on this list for the second year in a row.”
The FreightTech 25 are among the elite companies included in the FreightTech 100, a list compiled by FreightWaves based on an external panel of industry experts. Each panel member ranks their top 25 companies on a 1 to 25 point basis, and those earning the highest points comprise the FreightTech 25.
Over the past year, J.B. Hunt has continued advancing the capabilities of its innovative technology solution, J.B. Hunt 360, which leads the industry as a digital freight matching platform. Carriers have added more than 600,000 trucks to J.B. Hunt 360 in just two years, and transactions executed through the marketplace for J.B. Hunt 360 are currently on a billion-dollar run rate. The company also launched J.B. Hunt 360box, a unique service that gives shippers access to a pool of J.B. Hunt trailers they can reserve for drop-and-hook purposes. 360box gives the 83% of drivers who represent small carriers and owner-operators access to drop-and-hook freight, a service that is typically only available to large carriers.
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.