Comparing the current results to its competitors, J B Hunt Transport Services Inc reported Revenue increase in the 1 quarter 2026 by 4.62 % year on year. The sales growth was above J B Hunt Transport Services Inc 's competitors' average revenue growth of 3.23 %, achieved in the same quarter.
J B Hunt Transport Services Inc 's Comment on Competition and Industry Peers
The freight transportation markets in which we operate are frequently referred
to as highly fragmented and competitive. Our JBI segment competes with other intermodal
marketing companies; other full-load carriers that utilize railroads for a portion
of the transportation service; and, to a certain extent, some railroads directly.
The diversified nature of the services provided by our DCS segment attracts competition
from customers’ private fleets, other private fleet outsourcing companies,
equipment leasing companies, local and regional delivery service providers, and
some truckload carriers. Our ICS segment utilizes the fragmented nature of the
truck industry and competes with other non-asset-based logistics companies and
freight brokers, as well as full-load carriers. The full-load freight competition
of our JBT segment includes thousands of carriers, many of which are very small.
While we compete with a number of smaller carriers on a regional basis, only a
limited number of companies represent competition in all markets across the country.
We compete with other transportation service companies primarily in terms of price,
on-time pickup and delivery service, availability and type of equipment capacity,
and availability of carriers for logistics services.
Overall company revenue, increased by 4.62 % faster than J B Hunt Transport Services Inc 's competitors within this division and its market share improved to approx. 13.9 %. << More on JBHT Market Share.
*Market share is calculated based on total revenue.
News about J b Hunt Transport Services Inc Contracts
September 27, 2024
J.B. Hunt Expands Sustainable Transportation Fleet with Nikola FCEVs Amid Competitive Challenges LOWELL, Ark. J.B. Hunt Transport Services Inc. (NASDAQ: JBHT), a leading supply chain solutions provider in North America, announced the expansion of its sustainability efforts with the acquisition of 20 Nikola Tre fuel cell electric vehicles (FCEVs). This move aims to bolster the company s efforts to meet growing freight needs along the West Coast while contributing to environmentally friendly transportation solutions.Greer Woodruff, J.B. Hunt’s Executive Vice President, underscored the company’s commitment to sustainability, stating, Our expertise, resources, and relationships uniquely position us to he...
Publicly Traded Peers of J b Hunt Transport Services Inc
C h Robinson Worldwide Inc Share Performance
+15.98%
One Year
C h Robinson Worldwide Inc
Profile
C.H. Robinson Worldwide Inc. operates as a third-party logistics (3PL) provider, specializing in transportation and supply chain solutions. Their business model focuses on connecting shippers with transportation carriers, offering services such as freight transportation, logistics consulting, and supply chain optimization. By leveraging technology and a vast network of partners, they aim to enhance efficiency, reduce costs, and improve service levels for their clients.
ArcBest Corporation operates as a logistics company with a business model that focuses on providing transportation and logistics solutions to its customers.
Hub Group Inc is a transportation management company that offers multi-modal solutions to its customers. They provide innovative and integrated services including intermodal, truck brokerage, logistics, and dedicated transportation. Leveraging technology, they aim to streamline supply chains, reduce costs, and improve overall efficiency for their clients.
Janel Corp operates as a supply chain management company that primarily serves the pharmaceutical industry. Their business model revolves around providing services such as warehousing, transportation, order fulfillment, and regulatory compliance to pharmaceutical manufacturers. By offering comprehensive solutions for the entire supply chain process, Janel Corp aims to streamline operations and optimize efficiency for their clients in the pharmaceutical sector.
Radiant Logistics Inc operates as a third-party logistics (3PL) company, providing various transportation and logistics services. They offer a comprehensive network of agents and independent businesses to facilitate the movement of goods and provide customized solutions to their customers.
Sources:
J b Hunt Transport Services Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: publicly traded companies.
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