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The Lowell, Ark.-based carrier ended the year slightly behind where it was during the prior fourth quarter amid efforts to reinvest and improve operations, the company reported Jan. 16.

J.B. Hunt Transport Services recently announced a series of executive appointments.

Two of the largest for-hire carriers are making operational and financial preparations for an anticipated upturn in the freight market after months of weak demand, executives said.

Profit at J.B. Hunt Transport Services fell in the third quarter of 2024 but outperformed analyst expectations as intermodal volume rose year over year.

The venture aims to launch up to six startups over the next three years, beginning in 2025, to address core strategic challenges within the transportation industry.

As much news has been made about new “tech-first” players entering the digital space of #freight brokering, efforts from established and newer enterprises to develop robust digital tools are being shaped by market demands and technological innovations, including artificial intelligence, particularly generative AI, experts said. 

Efforts from established and newer enterprises to develop robust digital tools are being shaped by market demands and technological innovations.

A timeline for a rebound in freight rates and market conditions remains muddy into the second half of 2024, according to executives and analysts.

LAS VEGAS — J.B. Hunt's Shelley Simpson encouraged attendees at the Advanced Clean Transportation Expo to be part of the solutions and innovation of sustainable transportation.

J.B. Hunt Transport Services Inc. experienced a decline in revenue and earnings during the first quarter of 2024, the company reported April 16.