News - 2025

LOWELL, Ark., April 24, 2025 – J.B. Hunt Transport Services Inc. (NASDAQ: JBHT), one of the largest supply chain solutions providers in North America, held its annual Meeting of Shareholders today at corporate headquarters in Lowell.

Shareholders approved the election of each of the company’s nine Director nominees to the company’s Board of Directors, including new Director Brett Biggs, former executive vice president and chief financial officer of Walmart, Inc. Biggs adds more than 35 years of corporate finance experience to the company’s Board. During his 20-year career with Walmart and its affiliates, he held multiple leadership positions including chief financial officer of Walmart International, Walmart U.S. and Sam’s Club.

Shareholders also approved, on a non-binding, advisory basis, the compensation of the company’s named executive officers described in the company’s proxy statement and ratified the appointment of PriceWaterhouseCoopers LLP as the company’s independent registered public accounting firm.

During the company’s business presentation at the meeting, J.B. Hunt President and CEO Shelley Simpson highlighted a few of the company’s accomplishments in 2024, including:

• Record-setting volume for J.B. Hunt Intermodal.
• Record operating income for Final Mile Services and the fifth best sales year in company history for Dedicated Contract Services.
• Setting a new company safety record for reducing DOT preventable collisions per million miles, breaking the record it set in 2023.
• Celebrating the 5,000th J.B. Hunt driver to achieve one million safe miles.
• 30-plus company awards recognizing the company’s work across innovation, cargo security and theft prevention, sustainability, customer satisfaction and workplace excellence.

“Last year we executed at high levels across all our services and proved that by focusing on operational excellence, we could create differentiated value for our customers,” said Simpson. “Our priorities for 2025, scaling into our investments and driving long-term returns for shareholders, build on that operational success.”

Simpson closed the event with encouragement about the potential for 2025 and beyond, despite the industry's current challenges resulting from market instability. She highlighted the positive progress demonstrated in the company’s recent quarterly results, including record first quarter Intermodal volumes, industry-leading margins with its Dedicated service, improving signs in its Highway business and continued advancement with its record-setting safety performance. She also noted the strength and experience of the company’s executive leadership team, who collectively have a combined 380 years of experience not just in transportation, but specifically with J.B. Hunt.

“We’re no stranger to navigating a challenging environment. While headlines are changing with each news cycle, our overall strategy and focus as an organization remains constant - be operationally excellent, provide a valuable service for our customers that is critical to their supply chain, and lean into our people. The strength, agility and diligence of our people enable the future growth of our company, and they’re driven. Driven for safety and operational excellence. Driven for each other and for our customers. I am confident in our future because of the resilience they create each and every day within our business.”

Members of the Board of Directors and executive leadership were present for the event.

Forward-Looking Statements
This press release may contain forward-looking statements, which are based on information currently available. Actual results may differ materially from those currently anticipated due to a number of factors, including, but not limited to, those discussed in Item 1A of our Annual Report filed on Form 10-K for the year ended December 31, 2024. We assume no obligation to update any forward-looking statement to the extent we become aware that it will not be achieved for any reason. This press release and additional information will be available to interested parties on our website, www.jbhunt.com.

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.

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