J.B. Hunt Company profile
About J B Hunt Transport Services Inc
J.B. Hunt Transport Services, Inc. is a surface transportation, delivery, and logistics companies in North America. The Company, through its subsidiaries, provides transportation and delivery services to a range of customers and consumers throughout the continental United States, Canada, and Mexico. The Company’s segments include Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), Final Mile Services (FMS) and Truckload (JBT). The JBI segment provides intermodal freight solutions. Its DCS segment focuses on private fleet conversion and creation in replenishment and specialized equipment. The Company's ICS segment provides traditional freight brokerage and transportation logistics solutions to customers through relationships with third-party carriers and integration. Its FMS segment provides final-mile delivery services. The JBT segment offers full-load, dry-van freight, utilizing tractors and trailers operating over roads and highways.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, J B Hunt Transport Services Inc revenues increased 26% to $12.17B. Net income increased 50% to $760.8M. Revenues reflect Integrated Capacity Solutions (ICS) segment increase of 53% to $2.54B, Intermodal (JBI) segment increase of 17% to $5.45B, Dedicated Contract Services® (DCS) segment increase of 17% to $2.58B. Net income benefited from Intermodal (JBI) segment income increase of 41% to $603M.
Equity composition
Common Stock $.01 Par, 3/11, 1B auth., 120,233,567 issd. net of shs. in Treas. @ Cost.Insiders control 23.26%. PO: 9/92, 3Mshares @ $19.75 by Merrill Lynch. PO: 5/02, 5.1M (2M by Co.) @ $26 by Bear, Stearns & Co. Inc. 5/05, 9/03, 2-for-1 stock split; 3/92,3-for-2 split.