Latest news with #J.B.HuntTransportServices
Yahoo
30-05-2025
- Business
- Yahoo
J.B. Hunt expands premium intermodal offering to shippers in Mexico
J.B. Hunt Transport Services announced the latest iteration of Quantum, its premium intermodal offering, on Friday. Quantum de Mexico will provide cross-border service to Mexican shippers with 'service-sensitive' transportation needs utilizing the networks of Western Class I railroad BNSF Railway (NYSE: BRK.B) and Mexico's largest rail provider, GMXT. In line with J.B. Hunt's (NASDAQ: JBHT) current Quantum offering, customers can expect 95% on-time delivery and up to one less day of transit time versus the standard intermodal service. The offering is designed to better compete with time-sensitive, highway freight hauled by truck. 'Mode conversion is one of the leading opportunities businesses can leverage in today's economic environment to drive efficiency and cost savings,' said Spencer Frazier, head of sales and marketing at J.B. Hunt, in a news release. 'The collaboration we're announcing today brings the full suite of our industry-leading intermodal service and its unmatched service excellence, scale and capacity to Mexico, building on the innovative success of a 35-year relationship.'To ensure premium service, new tracking systems will provide real-time shipment visibility. Quantum loads will be given priority status for drayage moves and railcar loading and unloading. Support staff from all three companies will provide around-the-clock service. Major Mexican markets served include Mexico City, Guadalajara and Monterrey to go along with key touch points in the U.S. like Chicago, Dallas-Fort Worth, the U.S. West Coast and other locations in the eastern U.S. The three companies partnered in 2024 to provide Mexico inbound-outbound intermodal service through the Eagle Pass Gateway. The new service was announced on Friday at an industry event in Puerto Vallarta, Mexico. J.B. Hunt also announced the opening of a new office in Queretaro, Mexico, in conjunction with the service launch.'Quantum de México represents a significant milestone in our commitment to innovation and excellence in logistics,' said Jon Gabriel, group vice president of consumer products at BNSF. 'Expanding our reach from coast to coast allows us to harness our collective strengths and broaden our ability to deliver an unparalleled experience to our customers.' More FreightWaves articles by Todd Maiden: ArcBest taps CH Robinson veteran to fix asset-light business Truckload spot rates to continue upward trend, RXO says Activist investor pushes Forward Air to execute 'value-maximizing sale' The post J.B. Hunt expands premium intermodal offering to shippers in Mexico appeared first on FreightWaves.
Yahoo
08-05-2025
- Business
- Yahoo
JB Hunt Transportation Services (JBHT) Had a Challenging Quarter. Here's Why
Heartland Advisors, an investment management company, released its 'Heartland Opportunistic Value Equity Strategy' first quarter 2025 investor letter. A copy of the letter can be downloaded here. The strategy returned 0.90% (net of bundled fees) in the quarter, compared to a 1.64% return for the Russell 3000® Value Index. Stock selection varied during the quarter, exhibiting a positive selection effect in 5 out of 11 sectors, primarily driven by Utilities and Information Technology. In addition, you can check the fund's top 5 holdings to determine its best picks for 2025. In its first-quarter 2025 investor letter, Heartland Opportunistic Value Equity Strategy highlighted stocks such as J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT). J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) offers surface transportation, delivery, and logistic services in the United States. The one-month return of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) was -0.18%, and its shares lost 21.13% of their value over the last 52 weeks. On May 7, 2025, J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) stock closed at $132.95 per share with a market capitalization of $13.311 billion. Heartland Opportunistic Value Equity Strategy stated the following regarding J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) in its Q1 2025 investor letter: "Industrials. This was a challenging quarter for JB Hunt Transportation Services, Inc. (JBHT), a diversified transportation company with a focus on intermodal shipping. Customers hire Hunt to move freight in a more efficient manner than substitutes. The company owns the largest fleet of 53-foot shipping containers, which allows three ocean-freight containers to be consolidated into two Hunt containers that are moved by rail (via third party partners) and by company-owned trucks that transport containers to their final destination. Rail is the most efficient method of freight transportation, and Hunt is a key enabler of transferring semi-trailer miles onto railroads. A truck on a highway, its exhausts billowing in the air. J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 47 hedge fund portfolios held J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) at the end of the fourth quarter, compared to 39 in the third quarter. While we acknowledge the potential of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. In another article, we covered J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) and shared the list of stocks on Jim Cramer's Radar. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey.
Business Wire
30-04-2025
- Automotive
- Business Wire
J.B. Hunt Recognizes 54 Drivers for Million Mile Safety Accomplishments
LOWELL, Ark.--(BUSINESS WIRE)--J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT), one of the largest supply chain solutions providers in North America, recognized 54 company drivers this week for achieving two, three and four million miles driven without a preventable accident during its annual Million Mile Celebration at company headquarters in Lowell. Each year, J.B. Hunt hosts the new class of Million Mile drivers and their families at corporate headquarters for a multi-day celebration featuring an awards ceremony with live entertainment, engaging discussions with company leadership, and the Million Mile Walk of Fame, a 24-year annual tradition. 'When we talk about the best of the best, we're talking about the people here this week,' said Nick Hobbs, chief operating officer for J.B. Hunt, during the company's Million Mile Walk of Fame. 'Last year we surpassed our own company safety record set in 2023 for reducing DOT preventable accidents. These drivers are essential for that progress by the example they set and the knowledge and training they share. This is their Million Mile moment, and I'm proud, humbled and honored that they choose to drive with J.B. Hunt.' This year's Million Mile drivers and their families, led by an emphatic entrance from the Bentonville West High School marching band, made their way along a 300-foot red carpet that spanned two buildings. They were first greeted by the company's executive leadership team, who thanked each for their long-term commitment to safety excellence and expressed how grateful they are to have them as part of the J.B. Hunt family. The remainder of the Walk of Fame featured cheers and high-fives from thousands of company employees, customers, investors and guests who lined the red carpet to celebrate. With this year's class, J.B. Hunt surpassed 5,000 company drivers to achieve at least one million safe miles. This year's group also included five drivers who achieved four million safe miles, an accomplishment that only elite drivers have achieved. All Million Mile drivers' names are etched into the Million Mile Wall at corporate headquarters. On average, it takes a driver approximately 7-10 years to achieve one million safe miles. J.B. Hunt's Million Mile event is an important part of the company's culture, reflecting its values of excellence, safety, and integrity. The company prioritizes safety as essential for delivering value and operational excellence for its customers. It continually looks for ways to improve safety measures, including adopting new safety technologies like inward facing cameras and the latest advancements in collision mitigation systems. Company drivers receive safety training that starts during the onboarding process and continues throughout their careers. Million Mile drivers represent the company's long-standing safety culture embraced and enabled by its people. 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 a Fortune 500 company, 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
Yahoo
19-04-2025
- Business
- Yahoo
Jim Cramer Roasts J.B. Hunt Transport Services (JBHT): 'Numbers Good, But Can Someone Please Cheer Up That Call?'
We recently published a list of . In this article, we are going to take a look at where J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) stands against other stocks that Jim Cramer discussed. In his latest appearance on CNBC's Squawk on the Street, Jim Cramer highlighted the often-overlooked role of currency fluctuations and explained why a weaker U.S. dollar might actually benefit American companies: 'The tariffs are going to be offset by the weak dollar. People forget that. And weak dollar's good. We have a lot of people who work at the network who think weak dollar's bad. I don't know where they get that, because if you listen to a conference call, the weak dollar could save us from the tariffs.' READ ALSO: Jim Cramer's List of 16 Stocks to Buy Right Now and . As the conversation shifted toward geopolitical risks and the strategic rivalry with China, Cramer referenced the book Death by China to illustrate fears about China's technological dominance and the potential consequences for U.S. national security: 'Look, in 2011, I got Death by China. When you stop, and the book is about Navarro, and it's basically about World War III. He doesn't mention that. I'm adding that. Graham Allison talks about World War III. He was one of my professors. So, hey, listen up. You can't even, so it's not even stock right now, but Death by China just talks about their grand plan to take us over. And when you go back and read it, it's more cogent than you thought. It's like Ghost Ship, which is one that Mark Benioff gave me about how our Navy eventually is going to be made of all Chinese chips and we go to use it against the Chinese and nothing happens.' While discussing the increasing competition between American and Chinese companies, Jim Cramer re-affirmed his position that the U.S. is still very much ahead of China, saying: 'I think that there should be a great competition and real arms race. We shouldn't be helping them and let's see who wins. […] Look, I think that we're unbelievably great. We're well ahead in scale. I don't trust the Chinese. I would never want to use their stuff because I think that they would in the end be, you'd be captive to that regime. I think that we're still ahead.' To make our list of the stocks that Jim Cramer talked about, we listed down the stocks he mentioned during CNBC's Squawk on the Street aired on April 16th. For these stocks, we also mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). A truck on a highway, its exhausts billowing in the air.J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) came up following its earnings report. Although the initial numbers looked good, Jim Cramer criticized the company's messaging on the earnings call and suggested the tone was uninspiring. Here's what he said: 'Once again, J.B. Hunt gives this conference call and you're just, it's like I come in hot, the number's good, it looks okay, 21 times earnings. And by like the fifth paragraph, I want to slit my throat. They have got to get their act together in terms of happiness. They do. What's up with Dan? What's the guy's name? They have an order for 10% happiness. I'm going to send them copies in that board. Every board member is going to get a copy of Dan Harris.' Overall, JBHT ranks 2nd on our list of stocks that Jim Cramer discussed. While we acknowledge the potential of JBHT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than JBHT but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
17-04-2025
- Business
- Yahoo
J.B. Hunt (JBHT) Needs a Pep Talk – Jim Cramer Wants to Send in the Michelin Man
We recently published a list of . In this article, we are going to take a look at where J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) stands against other stocks that Jim Cramer discusses. On Friday, Mad Money host Jim Cramer outlined what investors should focus on in the week, especially pointing to earnings reports from major banks. 'Rumor, innuendo, intrigue these are the stuff of great novels, of fabulous miniseries, riveting plays, and now they're the stuff of the stock market.' READ ALSO: Jim Cramer Discussed These 12 Stocks and 10 Stocks on Jim Cramer's Radar Recently. He noted the chaotic nature of the current environment and remarked that 'this tape has it all,' and emphasized how unpredictable developments from the White House have added to the turbulence. Cramer noted that information is being released constantly, through press conferences, posts on Truth Social, or casual remarks, and that each has the potential to move vast sums of money across asset classes. 'Trillions of dollars in and out of bonds, of currency, of gold, of crypto,' he said, all based on impulsive statements. He pointed out the sheer volume of contradictions in the news cycle and stressed, 'Except this isn't an eight-part blockbuster, it's our money.' Cramer lamented how even social media activity, like tweets, can trigger massive swings in the markets. He noted that Friday's market action felt like it was shaped entirely by this dynamic. Cramer questioned whether the market might be in the process of forming what he called a 'liberation day bottom,' a moment when selling pressure finally ends because investors feel that all the bad news is out. But he acknowledged the uncertainty of that theory as he said, 'Not sure, I'm just not sure.' He added: 'Have you ever noticed the weekends don't provide relaxation anymore because the president's got advisors? He's got to put people out. He wants to tweet. He's got meetings. No relaxation time, no downtime…. Monday's trading, well, let's just say that it looks like that it's earning season so it's gonna be even harder than usual.' For this article, we compiled a list of 15 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on April 11. We listed the stocks in the order that Cramer mentioned them. We also provided hedge fund sentiment for each stock as of the fourth quarter of 2024, which was taken from Insider Monkey's database of over 1,000 hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A truck on a highway, its exhausts billowing in the air. Number of Hedge Fund Holders: 47 Cramer mentioned J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) as part of his game plan as he stated: 'After the close, we get to hear J.B. Hunt… Now these guys are their own worst enemies. I'm on their call… and they are like so downbeat. It's incredible. It's like they're down on themselves. I want to send them a, I don't know, the Michelin man down there, give them a couple of laughs. They need some help. Please be more upbeat.' J.B. Hunt (NASDAQ:JBHT) offers transportation, delivery, and logistics services. It operates using its own fleet and internal resources. When Cramer was asked about the company on April 8, he replied: 'Okay, don't want to be bigger than a small position. It is a transport, it is a trucking company and we could be going into recession and it's not a good group going into a recession.' Overall, JBHT ranks 5th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of JBHT as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than JBHT but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
