J.B. Hunt Transport Services Inc., a prominent player in North America’s supply chain solutions landscape, has revealed a significant development in its collaboration with retail giant Walmart. The subsidiary, J.B. Hunt Transport Inc., has entered into a multi-year intermodal service agreement with Walmart, marking a milestone in their longstanding partnership.
As part of this strategic service agreement, both companies will expand their volume and capacity commitments, fostering the creation of comprehensive intermodal solutions designed to generate lasting value. In a noteworthy move, J.B. Hunt will acquire Walmart’s operational intermodal container and chassis fleets, solidifying their commitment to delivering efficient transportation solutions.
Spencer Frazier, Executive Vice President of Sales and Marketing at J.B. Hunt, reflected on the significance of the partnership, stating, “Our customers trust us to develop solutions that scale and drive efficiencies across their ever-changing supply chains. Today’s announcement is a testament to the mutual trust and shared vision our companies have developed over time.”
Fernando Cortes, Senior Vice President of Transportation at Walmart, emphasized the importance of innovation in meeting customer expectations. He stated, “Walmart’s long history of working with J.B. Hunt has many milestones of innovation and growth. This agreement will strengthen our commitment to delivering goods at an everyday low cost to our customers and members.”
J.B. Hunt’s expertise in converting over-the-road shipments to intermodal is noteworthy for its environmental impact, reducing a shipment’s carbon footprint by an average of 60%. The company operates one of the largest company-owned intermodal fleets globally, specializing in domestic and international freight movement with reliable, consistent, and flexible shipping options.
Building on longstanding relationships with leading rail providers, J.B. Hunt has continuously enhanced service quality and consistency. The launch of Quantum, a groundbreaking intermodal service in collaboration with BNSF Railway in 2023, exemplifies the company’s commitment to innovation. This service aims to convert service-sensitive highway freight to intermodal, offering a new option for cross-border freight movement to and from Mexico with coast-to-coast access in the U.S.
The announcement underscores J.B. Hunt’s disciplined approach to strategically allocating capital and advancing its mission of driving long-term value for its people, customers, and shareholders. The collaboration with Walmart further solidifies the company’s position as an industry leader in delivering sustainable and efficient supply chain solutions.
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 www.jbhunt.com.