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J.B. Hunt Transport Services history
J.B. Hunt Transport Services company history timeline
J.B. Hunt Transport Services was founded by Johnnie Bryan Hunt and Johnnie D. Hunt on August 10, 1961 and is headquartered in Lowell, AR.“
While our company has significantly evolved since 1961, one thing has remained the same – our scroll logo.
Looking for a way to expand his fledgling trucking company, Hunt tried to gain entrance into the dry goods segment of the industry, obtaining an authorization to do so from an Atlanta company in 1971.
When the trucking industry deregulated in 1980, Johnnie Hunt and others were able to take advantage of the free market.
Kent explained that in 1980 about 18 percent of the United States economy was attributed to inventory and transportation costs.
Bergant's prophecy was fulfilled in 1980 with the passage of the Motor Carrier Act.
They did not sell the rice hull business until 1983, when the company went public.
By 1983, J.B. Hunt became a publicly held company and has grown into the 3rd largest trucking firm in the United States
Johnelle and J.B. Hunt stand in front of one of their trucks in 1988.
After visiting them in Lowell in 1988, he invited Johnnie Hunt and then-President Kirk Thompson to see how it could work by riding a passenger car on a freight train from Chicago to Kansas City.
In an attempt to attract more new drivers and cut down on accidents, the company also opened up a driving school in Lowell in 1988, offering its students free tuition and a job guaranteed upon graduation.
In 1989, J.B. Hunt Transport began partnering with railroads to offer intermodal service.
In 1990, the company added a flatbed division to its repertoire, expanding its customer base to businesses, such as Reynolds Metals, that wished to ship materials too large for closed vans.
In 1990, after having already acquired the requisite authority to haul freight in Ontario, Quebec, and British Columbia two years earlier, Hunt joined forces with the Mexican trucking firm Fletes Sotelo to form Hunt de Mexico.
In 1992, Hunt de Mexico improved the efficiency of its operations by signing an agreement with Transportacion Maritima Mexican, Mexico's largest maritime steamship company.
J.B. Hunt's commitment to intermodal development, technological innovation, and foreign market expansion&mdash well as its long-held devotion to customer service&mdash-abled the company to surpass the $1 billion mark in sales in 1993, only ten years after going public.
The company introduced a dedicated service in 1993.
Expected to generate nearly half of the company's total revenues by 1995, this hybrid form of transportation unified trucks, railroads, and sometimes cargo ships into one transportation system, so that shippers did not have to pack and unpack their cargo each time the mode of transit changed.
The Arkansas Business Hall of Fame inducted them as a couple in 2001.
Though Johnnie Hunt died in 2006, Johnelle Hunt and their two children will attend the the council's annual conference in Florida to accept the award on his behalf Tuesday.
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J.B. Hunt Transport Services competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| C.R. England | 1920 | $700.0M | 4,500 | 292 |
| Prime | 1970 | $1.7B | 79 | 105 |
| Ryder System | 1933 | $12.6B | 39,900 | 6,076 |
| TransAm Trucking | 1987 | $49.9M | 930 | 238 |
| Schneider National | 1935 | $5.3B | 19,600 | 69 |
| Werner Enterprises | 1956 | $3.0B | 12,784 | 238 |
| CRST International | 1955 | $99,000 | 125 | 876 |
| Western Express | 1990 | $500.0M | 1,973 | 210 |
| Covenant | 1986 | $1.1B | 5,500 | 189 |
| Stevens Transport | 1969 | $900.0M | 7,500 | 34 |
J.B. Hunt Transport Services history FAQs
Zippia gives an in-depth look into the details of J.B. Hunt Transport Services, including salaries, political affiliations, employee data, and more, in order to inform job seekers about J.B. Hunt Transport Services. The employee data is based on information from people who have self-reported their past or current employments at J.B. Hunt Transport Services. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by J.B. Hunt Transport Services. The data presented on this page does not represent the view of J.B. Hunt Transport Services and its employees or that of Zippia.
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