Walmart Transportation recognized 11 trucking and transportation partners as Carriers of the Year. Walmart awards the designation each year to companies who provide logistical support to the retailer’s stores, Sam’s Club locations and distribution facilities. The Walmart Carriers of the Year, for services provided during 2012 are: General Merchandise Gold* — Tango Transport General Merchandise [...]
View Post trucking, WalmartUSA Truck, Inc. announced today that John Simone has been appointed president and chief executive officer and has joined the company’s board of directors. Former CEO Cliff Beckham has returned to his previous role as the company’s executive vice president and chief financial officer, which he previously held from 2002 to 2007. Both changes are [...]
View Post truckingWilliam J. Shea, Jr., who has served as a member of the J.B. Hunt board of directors since 2011, resigned his position effective Monday (April 16), according to a company news release. Shea resigned to pursue other business opportunities and not as a result of any disagreement with the company relating to the company’s operations, [...]
View Post J.B. Hunt, truckingJ.B. Hunt Transport Services reported Thursday record revenues and earnings for the first quarter of 2012. The freight hauler and logistics specialist said revenue was $1.17 billion and net earnings were $67.7 million for the quarter. For more details, go to nwaonline.com. Business reporter Ron Wood wrote this information.
View Post J.B. Hunt, truckingP.A.M. Transportation Services Inc.’s Board of Directors approved a special one-time dividend of $1 per share, company officials announced today. The dividend is payable on April 9 to stockholders of record at the close of business on March 30. A total of approximately $8.7 million will be paid on the Company’s 8.7 million outstanding shares [...]
View Post P.A.M., truckingP.A.M. Transportation Services reported today a $133,037 profit for the fourth that ended Dec. 31, 2011. Year-end results showed the company lost almost $2.9 million. This compares to net losses of $1.1 million in the fourth quarter of fiscal 2010 and $654,728 for the year. Operating revenues were $89.4 million for the fourth quarter of [...]
View Post P.A.M., truckingFuelQuest, Inc., a Houston software and services company, signed a five-year contract with J.B. Hunt Transport Services to manage the company’s bulk fuel purchases. “By partnering with FuelQuest and utilizing the FuelQuest Fuel Center, we gain capabilities that allow us to improve and streamline our bulk fuel purchasing with the automation of several manual processes,” [...]
View Post J.B. Hunt, truckingJ.B. Hunt Transport Services, Inc. announced this afternoon fourth quarter 2011 net earnings of $72.6 million, or diluted earnings per share of 61 cents. This beats fourth quarter 2010 net earnings of $57.9 million, or 46 cents per diluted share. The transportation and logistics company is coming off three consecutive record-setting revenue and earnings quarters. [...]
View Post J.B. Hunt, truckingTruck tonnage was up 5.9 percent last year, compared to 2010, the biggest annual gain in 13 years, according to the American Trucking Associations. Tonnage was up 10.5 percent in December, compared to the same month a year before. And, December tonnage was up 6.8 percent over November. Analysts attribute the increase to solid manufacturing [...]
View Post truckingJ.B. Hunt Transport Services was named Walmart’s 2011 Intermodal Carrier of the year, the trucking company announced Monday. Walmart has selected J.B. Hunt as Intermodal Carrier of the Year for 10 of the past 11 years. “One of the greatest honors we can receive is praise from our customers,” John N. Roberts III, president and [...]
View Post J.B. Hunt, trucking, Walmart