J.B. Hunt Moves to 4th on FreightWaves FreightTech 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’ 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’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.