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J.b Hunt Transport Services And Trucking Industries Essay

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INTRODUCTION: Transportation and Trucking industries play a significant role in the field of supply chain management. J.B Hunt Transport Services is the leading transportation industry that derives increased profit and revenue for past few years until now. Overall performance and financial analysis of J.B Hunt company have been discussed in this report.
HISTORY AND CURRENT STATE OF AFFAIRS: J.B Hunt Transport Service Company is transportation and Trucking Company located in the city of Lowell, United States of America. Johnnie Bryan was the founder of J.B Hunt Company and started the rice hull business company with few trailers and trucks. Within a short span of time, J.B Hunt had earned revenue of $63 million and placed at the leading position among all trucking industries in the United States of America in the year of 1983. At that time, the company had 1050 employees, 550 tractors, and 1049 trailers. Today, J.B Hunt Transport Services, Inc. has become a leading transportation industry in North America. It is the largest truckload carrier in the United States. In the early 1990s, J.B Hunt had a joint venture with the largest transportation company in Mexico and an alliance with the largest railroad in Canada. Through the joint venture, J.B Hunt has been able to provide a seamless service to its customers across both borders. J.B Hunt, an industry leader in driver safety, customer service and innovative technology, has made a revenue of $1 billion for the first time in

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